The We Company, valued at $47bn as of January, confidentially filed for an IPO in December that would provide exits for SoftBank and Jin Jiang International.
Month: April 2019
Axiata Digital offloads $140m corporate venturing portfolio
Axiata Digital will divest a 30 company-strong corporate venturing portfolio valued at $140m to Pegasus 7 Ventures, an investment firm run by one of its ex-executives.
GetYourGuide goes for series E funding
SoftBank is investing an amount reported to be approximately $556m in tour booking service GetYourGuide, though the company itself has not provided confirmation.
Bicycle Therapeutics to go for a spin on Nasdaq
Astellas, Novartis and GlaxoSmithKline are in line for exits as oncology drug developer Bicycle Therapeutics prepares to float, having filed to raise $86m in its IPO.
Karuna cooks up public market listing
The drug developer has confidentially filed for an IPO having collected $124m in funding from investors including PureTech Health, Nan Fung and Alexandria Real Estate Equities.
Neusoft Huiju nets series A financing
The enterprise and industrial provider has landed $31.1m in a Legend Capital-led round featuring parent company Neusoft.
Tencent ventures to Eastern Jinxin
Tencent has provided a nine-figure renminbi sum for Eastern Jinxin as part of a data research and development partnership with its cloud computing subsidiary.
Hover pulls in corporates to raise $25m
The 3D design modelling platform has increased its overall funding to $87m with a series C round that included Alphabet unit GV and Standard Industries.
AgFunder to access Asia with new ventures
AgFunder plans to establish an accelerator in Southeast Asia in addition to two corporate venturing funds to invest in the participants.
Genentech helps generate funding for Start Codon
Genentech, University of Cambridge and Babraham Bioscience Technologies have backed accelerator Start Codon, which plans to work with some 50 life sciences startups.
Nikkei picks up majority share of DealStreetAsa
Media group Nikkei has bought a controlling interest in corporate-backed financial news publication DealStreetAsia, allowing Singapore Press Holdings to sell shares.
Slack puts forward direct listing details
SoftBank Vision Fund owns more than 7% of the enterprise messaging platform developer, which could list at a valuation near $17bn.
Magic Leap ascends with $280m partnership
NTT Docomo has invested $280m in Magic Leap through a strategic partnership, bringing the AR technology developer’s total funding to more than $2.6bn.
Ayala angles for startups with $150m
The conglomerate’s $150m investment fund will seek out startups developing disruptive technologies relevant to its subsidiaries, which will provide the capital for the Kickstart Ventures-managed fund.