Alibaba owns almost 9% of the Chinese social media influencer network, which has filed to go public in the US.
Month: March 2019
Kobalt Music tunes itself to series E stage
Hearst and Alphabet-backed music services group Kobalt is gearing up to raise its largest funding round to date, in a deal potentially sized at more than $100m.
Beam hits series B with $135m
GV participated as a new investor, as genetic medicine developer Beam Therapeutics completed a round that followed $87m in series A funding last year.
Wefox sniffs out $125m in series B
The Salesforce-backed online insurance platform is reportedly valued at nearly $1bn having raised funding from investors including CreditEase.
Fadada signs up Tencent for series C round
The digital contract signature platform has collected $59.2m in a round that was co-led by Tencent, with the proceeds earmarked for hiring and product development.
Eargo sounds out Nan Fung to raise $52m
The rechargeable hearing aid producer has now raised more than $144m altogether, having collected about $52m in a series D round featuring Nan Fung Life Sciences.
NextHealth nabs $17m in series B round
Blue Cross of Idaho was among the investors in a series B round that took the healthcare analytics platform operator’s overall funding to more than $26m
Irujo cements Cemex Ventures departure
Cemex Ventures founding member and adviser Pedro Irujo left the unit in December 2018 after two years, and 13 years at its parent company.
Coral corrals corporates for $45m Japan fund
The 500 Startups Japan team have spun off as Coral Capital and launched a $45m fund backed by Mitsubishi Estate, J-Power, Mizuho Bank and Shinsei Bank.
Invenergy lands on Jupiter for $23m series B
SystemIQ, MS&AD and QBE have taken part in a round led by Invenergy’s Energize Ventures unit that will support the predictive weather data provider’s international growth.
Roche eyes MacuLogix in series D round
Roche Venture Fund has taken part in a $38.7m round that will fund sales and commercialisation of MacuLogix’s AMD diagnostics system.
Big Deal: Vision Fund makes billion-dollar Grab
SoftBank Vision Fund invested $1.46bn to take Grab’s series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.
Delhivery carries off $395m in series F round
SoftBank Vision Fund invested $350m in Delhivery at a $1.6bn valuation as part of a $395m round, and it now owns a 23.4% stake in the logistics services provider.
Chime strikes a $200m chord with investors
Northwestern Mutual-backed digital bank Chime is now valued at $1.5bn following a series D round led by DST Global.