Amazon and Shell have invested in driverless car software and hardware developer Aurora Innovation at a valuation above $2.5bn, in a round led by Sequoia Capital.
Month: February 2019
SoftBank points OakNorth toward $440m
The digital bank is now valued at $2.8bn, following a $440m round led by a $390m investment by SoftBank Vision Fund and backed by Clermont Group.
Foot Locker kicks $100m into Goat Group
The retailer has invested $100m in footwear marketplace Goat Group, which already counts Matrix Partners, Upfront Ventures, Webb Investment Network and Accel as shareholders.
Corporates help scale Himalaya with $100m
Ximalaya FM and Susquehanna International Group have taken part in a $100m round to launch podcast network Himalaya, which was spun out of Ximalaya.
Tink banks funding with corporate help
Banking software provider Tink has secured $63.4m from investors including financial services firms SEB, Nordea and ABN Amro at a valuation of about $270m.
Choi chosen to head investment at Netmarble
Netmarble’s head of corporate strategy and senior vice-president, Chanseok Choi, has been promoted to managing director and head of investment.
Rivigo rigs up new funding
The Singapore Post-backed logistics services provider has raised $35.6m in its latest funding round, which increased the company’s valuation to a reported $948m.
3one4 Capital seals Sojitz backing
Sojitz has contributed to venture firm 3one4 Capital’s latest fund, which has raised $21m of a targeted $50m to invest in the firm’s portfolio companies at a later stage.
HouseMyDog and Gudog to share a kennel
HouseMyDog has merged with fellow dog walking and sitting service provider Gudog, which counts Wayra among its investors.
Spotify lifts Anchor in acquisition deal
The streaming platform has expanded its podcast content with the purchase of GV-backed Anchor, just days after buying Gimlet Media for more than $200m.
Waite makes her way to new Millennium
Rita Waite, a Juniper Ventures investment manager who was part of this year’s GCV Rising Stars list, will join financial services firm Millennium’s payment products team.
Lime climbs to $310m series D
The electric scooter rental platform is now valued at $2.4bn, after securing $310m in a round co-led by GV that included its parent company, Alphabet.
Vision Fund gets to halfway point
SoftBank Vision Fund has reportedly got to the halfway point of its $98.6bn allocation and is expected to run out of capital in the next 18 months.
DNAnexus raises $68m in latest funding sequence
GV and WuXi NextCode both returned to back a $68m round for DNANexus, bringing the biomedical informatics platform’s total funding to approximately $173m.