The corporate-backed ride hailing service intends to seek a valuation of up to $100bn in its initial public offering and plans to officially file tomorrow.
Month: April 2019
SoYoung goes for $150m IPO
The cosmetic surgery booking and reviews platform, which counts Tencent among its investors, has filed to go public in the US.
Monzo to put $130m on its books
The deal will double the Orange and Stripe-backed digital bank’s valuation to $2.6bn, making it the second most valuable fintech developer in the UK.
Trevi Therapeutics tries for public markets
Lundbeckfonden Ventures-backed Trevi has filed for an $86.2m IPO to fund clinical trials for pruritus-focused drug treatments.
Progressive helps provide $50m for Upstart
The Alphabet and Rakuten-backed lending platform increased its total funding to more than $160m in a round featuring Progressive Investment Company.
RMG enlarges FutuRx fund to $64m
RMGP Biopharma Investment Fund has added $34m to reach a final close for a vehicle that will back startups developed by the Johnson & Johnson and Takeda-backed FutuRx incubator.
ShopBack gets $45m reward
The e-commerce loyalty platform has now raised approximately $85m in total, after Rakuten Capital co-led a round that will fund technology development.
Tibit connects with Intel for $20m round
Intel Capital led a series B round that took Tibit’s total funding to almost $34m and which will fund the commercial deployment of its pluggable ethernet device.
Levine leaps to Samsung Catalyst
Scott Levine, a GCV Rising Star in 2018, has departed WarnerMedia Investments in order to set up an office in New York City for Samsung Catalyst Fund.
Pixeom picks up $15m
Proceeds from the series round, which was co-led by Intel Capital and National Grid Partners, will fund the development of Pixeom’s edge computing software platform.
Fliit fits in series A funding
AP Moller – Maersk took part in an $11.2m round that will accelerate the international expansion of the food logistics marketplace.
Green Tank inhales series A funding
The cannabis-focused vaping product maker has increased its overall funding to approximately $14.7m with a $10.4m round backed by Newstrike Brands.
Taikang takes reins with healthcare fund
The insurance provider has teamed with the city of Wuhan to form a healthcare fund sized at approximately $3bn, with LPs including WeDoctor and Jointown Pharmaceutical.
BlackBuck builds up D round to $112m
BlackBuck has collected another $36m for a series D round that now stands at $112m, valuing the Flipkart-backed freight services marketplace at more than $900m.