The Paypal and GV-backed online lending platform will spin out its credit card business following its latest funding round.
Month: January 2019
Von Tobel leaves NM to start Inspired Capital
NM Future Ventures alumni Alexa von Tobel and Mark Batsiyan have launched Inspired Capital, a venture capital firm aiming to raise $200m for its debut fund.
Samsung closes in on Corephotonics acquisition
Samsung could potentially pay up to $160m to acquire the smartphone camera technology developer, after investing in its last round.
Indico Capital gets $47m influx
Led by two former Caixa Capital team members, Indico Capital Partners has raised $47m for the first close of a fund that will target Portuguese and Spanish startups.
Katerra begins constructing $700m round
The building services provider is lining up a $700m round that looks set to be led by SoftBank Vision Fund, valuing it at more than $4bn.
Macnica makes $40m investment in CrowdAnalytix
Macnica has purchased a 41.8% stake in the AI crowdsourcing platform through a primary and secondary share deal having been a partner since late 2017.
Yimi Dida collects $266m
Prologis invested in logistics and delivery service Shanghai Yimi Dida in a series D round that will go to R&D and the expansion of its transport options.
Emeritus retains Bertelsmann in $40m series C
The online education provider will add blockchain and cybersecurity courses to its roster following the Bertelsmann India Investments-backed round.
Magenta implements $100m fund
Magenta Venture Partners, a joint venture between Mitsui and two Israeli venture capitalists, is seeking a $100m close to invest in Israel-based startups.
Genesia generates $45m for second fund
Venture firm Genesia Ventures has secured Tokyu Fudosan, Marui Group, Mixi, JA Mitsui Leasing and Mizuho Financial Group for a fund with an $80m target.
WeWork turns gold to Laird in $32m round
The workspace operator invested in a round that will support superfood supplier Laird’s product development and acquisitions.
Mitsui helps Napajen nab series C funding
P&E Directions has joined existing investor Mitsui in a $12.4m round that increased the immunotherapy developer’s total funding to more than $37m.
B2Link connects to corporates to secure $15m
Cosmetics e-commerce platform and services provider B2Link has reeled in $15m in a round backed by Posco Capital and Kolmar Korea.
Repsol wraps up Nanogap investment
Nanomaterials provider Nanogap, a spinout of University of Santiago de Compostela, received $2.1m from Repsol’s Corporate Venture vehicle.