Existing backer Tencent was part of a consortium that provided the cash for in-game communication software producer Discord at a $2.05bn valuation.
Month: December 2018
Bowtie ties up $30m series A
Sun Life invested an undisclosed sum as part of the series A round, disclosed alongside news Bowtie has received a licence to sell life insurance virtually.
Tetra Discovery gets $35m in Shionogi collaboration deal
Tetra Discovery Partners received the equity funding from Shionogi through a development and commercialisation partnership that could top $160m.
HeavenHR secures Allianz to raise new funding
Allianz X was among the participants in an eight-figure euro round for human resources software producer HeavenHR.
Temi takes $21m in series B funding
Ogawa and Generali contributed to a series B round for Temi, a consumer robotics spinoff from defence equipment maker Roboteam.
LetsTransport gets corporate encouragement in new round
The trucking services platform has completed a $14.3m round that was co-led by Fosun and Bertelsmann India Investments while Mitsui Sumitomo Insurance also invested.
Unilever visits Shop101 for series B round
Unilever Ventures co-led an $11.4m round for the social commerce platform that closed five months after its $5m series A.
Lübbehusen leaves Innogy Venture Capital behind
Michael Lübbehusen, who co-led Innogy Venture Capital for two years, will depart at the end of this year, with Frank Starrmann taking over sole leadership.
Woowa Bros orders in $320m
The CyberAgent-backed online food delivery service is valued at $2.6bn, as of a $320m round led by Hillhouse Capital that included Sequoia Capital and GIC.
Cloud Constellation collects $100m
China-based Haier Group has provided $100m of series B funding for Cloud Constellation, the creator of a space-based cloud storage network.
E-huandian charges up with series B cash
Qualcomm and existing backer Hyundai both invested in a $43.5m round for Immotor’s EV battery rental spinoff that was led by US-China Green Fund.
Fouad follows CIB path to CVentures
CIB’s newly formed CVentures subsidiary has taken on the bank’s head of structuring, execution and venture capital, Emad Fouad as managing director.
Jurgeit jumps to Lundbeckfonden Emerge
Merck Ventures director Andreas Jurgeit has departed after two years to become a partner at another corporate investor, Lundbeckfonden Emerge.
AEye accomplishes $40m series B close
LG, SBI, Hella and Hynix contributed to a second close of the road-mapping system developer’s latest round, which already featured Intel Capital and Airbus Ventures.