Leap Motor has received $288m in a round co-led by Shanghai Electric and CRRC as it prepares to launch its smart electric sports car early next year.
Month: November 2018
ASCL to fly to Tokyo listing
Drone provider Autonomous Control Systems Laboratory plans to float on December 21, having raised at least $25m in VC funding from investors including Rakuten.
Acorns to manage $100m investment
PayPal and Rakuten-backed savings platform Acorns Grow is looking to raise more than $100m in a corporate-led round that will value it at $700m.
Xiaoqule bands together investors to raise $108m
The community-focused e-commerce platform has raised series A funds from investors including Ping An Ventures and SIG Asia.
Vapotherm turns up final IPO size
The Kaiser Permanente-backed medical device producer upscaled its initial public offering to $64.4m after the underwriters took up the over-allotment option.
Novartis and Clal help inject $40m into Cadent
Novartis and Access Industries unit Clal Biotechnology Industries both took part in the neurological disorder drug developer’s series B round.
Weidai wades into public markets with $45m
The Hakim Unique, Shanda Interactive and Dong Yi Ri Sheng-backed lending platform raised $45m, floating in the middle of its range.
Sledzik joins Saudi Aramco Energy Ventures
Saudi Aramco Energy Ventures has hired Jim Sledzik, formerly president of Energy Ventures, to helm the US arm of its unit.
Finn finishes Salesforce Ventures stint
Meredith Finn, the Salesforce Ventures senior director that launched its $50m Impact Fund,
Burr burrows out of Humana
Busy Burr has moved on from her position as head of corporate venturing unit Humana Health Ventures as Humana reorganises its VC stakes.
IQT hires Tague for UK and Australia offices
Peter Tague, formerly Citi’s co-head of global mergers and acquisitions, has entered the venture capital space, leading international offices for In-Q-Tel.
Golden Education shows mettle to raise $115m
The 51Job and New Oriental-backed financial services training provider has raised cash in a series C round co-led by Morgan Stanley and Hillhouse.
Beyond Meat prepares $100m IPO
Tyson Foods and General Mills are in line for exits after meat substitute producer Beyond Meat filed to go public in a $100m initial public offering.
Corporates move into $108m RET fund
Real Estate Technology Ventures has achieved a final close of $108m for a first fund backed by Aimco, Boardwalk, Essex, MidAmerica and UDR, and made a follow-on investment in SmartRent.