Furniture renovation and services platform Shengong007 has received $25m in series C funding from Alibaba, with which it is building offline retail stores.
Month: November 2018
Microsoft adds InXile to games offering
Xbox producer Microsoft has bought the game developer, providing an exit for Gumi Ventures, which invested $4.5m in the company last year.
Sony helps WealthNavi amass more funding
The robo-advisor developer has raised a further $35.5m from the likes of Sony, Mizuho Bank and SBI Group to take its total funding to approximately $96m.
Moderna models $500m IPO filing
Merck & Co, AstraZeneca and Alexion are all in line for exits after Moderna Therapeutics, valued at $7.5bn earlier this year, filed for its initial public offering.
Blackberry glances at $1.5bn Cylance acquisition
Cylance is in talks to be acquired by Blackberry in a $1.5bn deal that would enable Citi Ventures, Dell Ventures and Capital One Ventures to exit.
SNCF gets in BlaBlaCar for $114m round
SNCF has invested in BlaBlaCar, the buyer of its bus transport subsidiary, Ouibus, in a round that took the carpooling platform’s total funding to $450m.
Brazil grows in the global venture community
Innovative region: Brazil
The rise of the corporate accelerator
Comment from Serge Salager, founder and CEO at RetargetLinks
Interview: Arvind Purushotham of Citi Ventures
Reporter Robin Brinkworth spoke to Arvind Purushotham of Citi Ventures about fintech, Citi’s investment methodology, and its unique value-add
Dealflow continues to grow in October
This is our data snapshot based on last month’s investment activity. The charts and tables have been generated by our data platform GCV Analytics.
When the comic gets serious
The announcement of Nobel laureates for 2018 has exposed the public once again to world-changing research emerging out of universities.
Carrying the industry forward
November issue editorial from James Mawson, editor-in-chief
Finance finds the way forward
GCV Analytics defines the financial services sector as encompassing payment technologies and cryptocurrencies, personal finance and wealth management, insurance, alternative lending, crowdfunding, client and risk analytics, firms and funds, social investing and others.
Too many cooks may spoil the innovation broth
Comment from Robyn Klingler-Vidra, lecturer in political economy, King’s College London, and Juergen Braunstein, postdoctoral fellow, Harvard Kennedy School, Harvard University