Interest from SoftBank Vision Fund has reportedly encouraged the ride hailing service to consider bumping up its series H round from $3bn to $5bn.
Month: December 2018
Toreta tables NTT Docomo funding
The restaurant reservation software provider, received $27.2m from NTT Docomo which, like Salesforce, Itochu and Mitsui Sumitomo Insurance, is an existing investor.
Hello TransTech greets Ant Financial in $582m round
Hellobike owner Hello TransTech has defied difficulties in the bicycle rental sector to raise $582m in a round co-led by existing investor Ant Financial.
Harpoon targets public markets
The immuno-oncology drug developer has filed for an $86.5m offering, having raised more than $115m in equity funding from investors including Taiho and Eli Lilly.
Corel purchases Parallels as corporates exit
Cisco and Ingram Micro are among the investors in virtualisation software producer Parallels, which has been acquired by Corel for an undisclosed sum.
GV brings in Kapeller to target biotech
Alphabet subsidiary GV has bolstered its biotech focus by bringing in Rosana Kapeller as an entrepreneur-in-residence and David Reshef as venture partner.
Consensys to disperse its startups
The blockchain software producer is planning to spin out most of its incubator startups as its Consensys Labs unit refocuses on direct investments.
SBI hands $15m to Gorilla
The AI-powered video analytics technology producer, which is backed by Telstra, EMC, Acer and HTC, has raised $15m to fuel an expansion into fintech.
Malta stores $26m in series A funding
Concord New Energy and Alfa Laval have both invested in Alphabet spinout Malta, which is working on electrothermal energy storage systems for the grid.
Inscripta engineers $30m series C extension
Existing investors including Institut Mérieux have added $30m to the $55.5m in series C funding secured by the gene-editing technology developer in March.
HoloMatic parks series A funding
The AI-powered driverless vehicle technology developer received tens of millions of US dollars in the Sequoia-led round, which includes re-ups from Bertelsmann and NavInfo.
2018 in three charts
We present you three charts that summarise some of the major trends and highlights in corporate venturing from 2018 and years prior
Tencent guides Yuanfudao to $300m
The tutoring app developer increased its valuation to more than $3bn in a Tencent-led round that took its overall funding past the $500m mark.
Rakuten Aspyrian racks up $284m in funding
Rakuten and SBI contributed to the cancer therapy developer’s series C round, which was closed with a $134m second tranche.