SoftBank Vision Fund is reportedly seeking $15bn as a top up in advance of a second iteration of the $98.6bn investment vehicle.
Month: April 2019
Ruhnn shows influence with $125m IPO
Alibaba-backed social influencer network Ruhnn floated in the middle of its range in the US, with Weibo buying $8m of shares.
Bitmain drops funding into Liquid at unicorn valuation
Bitmain took part in the first tranche of an IDG Capital-led series C round that values the cryptocurrency trading platform at over $1bn.
Mars Petcare finds Kinship with $100m fund
The pet food and care provider has formed an open innovation subsidiary, Kinship, which will oversee a $100m strategic investment fund.
Aura to expand with $40m series D
Lundbeckfonden Ventures co-led ocular cancer therapy developer Aura’s series D round, which also featured Chiesi Ventures.
Bill.com invoices investors for $88m
Cloud payment software producer Bill.com raised the cash at a valuation of more than $1bn, securing investments from Mastercard and Fleetcor in the process.
Thoma Bravo fires off Mailgun acquisition
Thoma Bravo has bought a majority stake in the email automation tools provider, which spun out of cloud services firm Rackspace in 2017.
Fast Radius accelerates for $48m series B
UPS has reinvested in additive manufacturing service provider Fast Radius, which will use the cash for hiring and product development.
Radar picks up $16m
NTT Docomo Ventures and Novel TMT invested in the inventory management technology provider as it gears up to commercially launch its first product.
EDP’s Vidigal veers to Deutsche Bank
EDP Ventures head Cassio Carvalho Pinto Vidigal has departed from the unit to lead Deutsche Bank’s global subsidiary coverage in Brazil.
Academia.edu accepts $16m
Tencent led the academic social network and research portal’s series C round, which brought its overall funding near the $35m mark.
Alibaba assimilates Teambition
Alibaba has paid an undisclosed sum to acquire collaboration software tool developer Teambition, enabling Microsoft and Tencent to exit.
DocuSign helps Seal perform $15m funding trick
DocuSign has invested $15m in the contract management software provider, following a strategic partnership signed by the companies last year.
Gopinath and Yerkes go from SAP to new firm
Balaji Gopinath and Ron Yerkes, formerly global vice-president and director at SAP.IO respectively, have joined forces to form venture firm Twelve Venture Capital.