Modern Times Group has invested in app demo development platform AppOnboard through its MTGx digital subsidiary, after backing its April 2018 series A round.
Month: December 2018
Apicil and Reech draw up investment policy
Social security insurer Apicil and real estate holding company Reech Corporations Group have put up $11.3m for an insurance technology fund.
Tokopedia tops up latest round to $1.1bn
SoftBank Vision Fund and Alibaba have co-led a $1.1bn round for the e-commerce marketplace that also featured Softbank Ventures Korea.
Byju’s nets Naspers on its way to $400m
Naspers Ventures is leading a funding round for Byju’s already sized at $322m, with a $400m target, that is valuing the online learning platform at $3.6bn.
Airbnb and Slack consider direct listing
Airbnb and Slack are considering following in the footsteps of Spotify by exploring a direct listing rather than going the traditional route through Wall Street.
Megvii makes for $500m in new funding
The facial and body recognition software developer is lining up a round that would value it at between $3.5bn and $4bn, with existing backer Alibaba a possible investor.
Viva Republica gets $80m funding transfer
Novel and existing investors PayPal and Qualcomm Ventures all contributed to a round for Toss owner Viva Republica that valued it at $1.2bn.
SoftBank bolsters Vision Fund with new hires
SoftBank Vision Fund has hired Kirthiga Reddy as a Silicon Valley-based venture partner and Carolina Brochado for its London office.
Green Rice cooks up series B-plus funding
The smart device developer, which counts SEB and Xiaomi as backers, has raised tens of millions of dollars in its third funding round this year.
Emotibot computes $30m series B
Ecovacs Robotics invested in the emotion-recognition technology developer as part of a series B round, participating as an existing backer.
Axelspace explores series B round
Mitsui and Dai-ichi Life have backed a $22.9m investment round led by 31Ventures Global Innovation Fund that will fund the launch of Axelspace’s latest satellite.
L’Oréal shows corporate venturing is worth it
Cosmetic brand L’Oréal’s Bold Business Opportunities for L’Oréal Development has already made its first investment, in online fragrance creator Sillages Paris.
Telexistence reaches out to corporates in series A
KDDI, Airbus, Global Logistic Properties, JTB and Maeda Industry all chipped in as the experiential robotics startup raised an undisclosed amount.
ParkJockey packs in funding at unicorn valuation
Parking technology and services provider ParkJockey has received an undisclosed amount from SoftBank at a reported billion-dollar valuation.