Vilmorin & Cie has joined fellow corporates including BNP Paribas, Naval Group, KPN, Famille C and Mgen as an investor in PSL Innovation Fund, which is targeting an $87.5m close.
Month: March 2019
Dream11 to realise another $100m funding dream
The Tencent-backed fantasy sports platform will reportedly be valued at between $1.3bn and $1.5bn following the rumoured $100m investment from Steadview Capital.
Juniper clears $405m Mist acquisition
GV Cisco Investments and NTT subsidiary Dimension Data are all set to exit wifi technology provider Mist Systems, which has raised $88m in funding.
Air Asia readies Redbeat Capital to invest
Air carrier Air Asia is targeting a $60m close for the corporate venturing fund, which has emerged from its Redbeat Ventures subsidiary.
Cybersecurity software provider eSentire secures $47m
The Cisco-backed managed detection service provider has reeled in $47m from a Warburg Pincus-led round that boosted its overall funding to about $87m.
Salesforce Ventures takes $50m Australian trip
Australia Trailblazer Fund is the third such regional fund to be formed by Salesforce Ventures in the past nine months and follows $100m vehicles in Canada and Japan.
Salesforce helps Odaseva get series A serving
The data management platform has increased its overall funding to $14m in an $11.7m round featuring Salesforce Ventures and will put the cash towards recruitment.
Corporate-backed Qlapa closes shop
The online marketplace for handmade goods, which reportedly counts KapanLagi Networks as an investor, has shut its business.
YY captures Bigo for $1.45bn
Bigo, a social video livestreaming platform, has been acquired by its existing shareholder YY for more than $1.45bn in a deal that also provided exits for Ping An and Bertelsmann.
58.com gets $713m return from Chehaoduo ride
The corporate has sold part of its stake in online car trading platform Chehaoduo for more than $713m to an unnamed third-party investor likely to be SoftBank Vision Fund.
Vision Fund catches $3bn credit facility
Goldman Sachs and Mizuho Financial Group have co-led a capital call facility worth $3bn for SoftBank Vision Fund that will make immediate access to cash easier.
Precision Bio pinpoints $100m IPO target
The genomic medicine developer plans to raise up to $100m in an upcoming IPO that could hand exits to Amgen Ventures, Brace Pharma Capital and Baxter Ventures.
HaloDoc prescribes $65m series B round
Singtel Group and WuXi Apptec both contributed to a UOB-led round that increased the online healthcare platform’s overall funding to $78m.
Zomato gets $50m boost from Delivery Hero
Delivery Hero has confirmed a $50m investment in the food listings and ordering platform as part of a $105m second tranche of a round that now totals $315m.