Grab has raised $2.85bn this year, most of which came from corporate investors, but could potentially receive up to $1.5bn more from SoftBank Vision Fund.
Month: December 2018
Relay Therapeutics runs away with $400m
SoftBank Vision Fund led a series C round for the cancer therapy developer that was also backed by GV and Alexandria Venture Investments.
Fair collects $385m in SoftBank-led round
The car leasing service raised money in a SoftBank-led series B round that included fellow corporates MMI Holdings, CreditEase and Munich Re.
Pinterest points to April for IPO
The Rakuten-backed social media and e-commerce company, valued at more than $12bn, will select underwriters next month and could go public as soon as April.
ACV Auctions wins $93m
The Softbank-backed online automotive marketplace has collected $93m in a Bain Capital-led round to take its total equity financing to $145m.
The Wing glides into $75m series C
Airbnb and WeWork both backed the female-only space provider’s series C round, bringing its overall funding to more than $117m.
Corporates identify 4Paradigm in $145m series C
4Paradigm has now won backing from a host of corporates for its technology, which helps clients build AI apps for purposes including financial services.
CVC in 2018 – The Trends: Part One
In part one of our 2018 trends round up, we examine the ubiquity of SoftBank’s Vision Fund, the increased willingness of unicorns to go public, and increased activity in the crypto and agriculture spaces.
Swiggy secures $1bn in series H funding
The round reportedly valued the online food ordering platform at $3.3bn and was led by $660m from Naspers, while Meituan Dianping and Tencent also invested.
Softbank Vision Fund drives $500m CMT investment
Telematics system developer and MIT spinout Cambridge Mobile Telematics has raised $500m from Vision Fund that will be used for product development.
Futu sets foot for $500m US IPO
Tencent reportedly owns more than 30% of online brokerage Futu Securities, which has confidentially filed to go public, targeting a $2.5bn valuation.
Blippar blows into administration
The Qualcomm-backed AR and computer vision technology developer is seeking a buyer after a shareholder vetoed a new fundraise.
Entrada darts to $59m series A round
MRL Ventures Fund and Roche Fund have taken part in the intracellular drug developer’s series A round, which will fund clinical trials of its lead program.
Rothy’s walks away with $35m
Goldman Sachs invested $35m in the Grace Beauty-backed eco-friendly footwear brand that will be used to expand its retail presence in the US.