The bicycle rental service, which counts Ant Financial, Fosun and WM Motor among its investors, is said to be targeting $500m to $1bn in its next round.
Month: April 2019
GV helps send $175m to Segment
The customer data technology provider has secured funding in a series D round co-led by existing backer GV at a $1.5bn valuation.
Zoomcar revs up for $500m round
Existing investor Mahindra & Mahindra is reportedly in line to lead the car rental platform’s next round with an investment of between $300m and $400m.
Fusion gets reaction in $105m series B
Varian led a round for the targeted cancer drug developer that included fellow existing investors including Johnson & Johnson and Pivotal BioVenture Partners.
China Pacific finds More in $74m round
The healthcare management software producer received $74m in a series C round backed by China Pacific Insurance and will use the cash for product development.
Karuna makes room for more series B cash
Sofinnova Investments added $12m to a series B round backed by PureTech Health and Pivotal BioVenture Partners that has now closed at $80m.
ProteanTecs prises $35m from investors
Electronics monitoring system developer ProteanTecs has now raised nearly $50m in two years, having completed a series B round featuring Intel Capital.
Mswipe settles latest round at $30m
B Capital has returned to reinvest in Ola-backed payment terminal supplier Mswipe in a round sized at $30m that is expected to fuel domestic growth.
Xealth zips to $11m series A
The digital prescription platform’s series A round included McKesson Ventures, Novartis, Philips, ResMed, Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin.
Slack sets NYSE for direct listing
Corporate-backed communication and collaboration platform Slack is targeting the summer for a direct listing on NYSE that will enable Comcast, SoftBank and Alphabet to exit.
Airbnb books its stay in Oyo
Airbnb has confirmed an investment in the short-term accommodation platform reportedly sized at up to $200m, at a valuation substantially higher than $5bn.
SpringWorks blossoms with $125m series B
Pfizer spinoff Springworks has followed up its $103m series A round two years back by adding $125m in a round that also included GlaxoSmithKline.
1stdibs marks series D with $76m
Alibaba-backed luxury goods marketplace 1stdibs has gained Groupe Artémis as an investor in a round it said took its primary funding to $170m.
SambaNova snags $150m
AI application platform developer SambaNova has raised $150m in a series B round led by Intel Capital that also featured existing investor GV.