Alibaba is investing $50m in the grocery e-commerce platform at a $1.2bn valuation to retain its position as the company’s largest shareholder.
Month: April 2019
Precision Bio hits public markets with $126m
The Baxter and Amgen-backed genome editing technology developer floated in the middle of its range and is now valued at more than $780m.
Life360 circles Australia for $100m IPO
The ADT, BMW and Duchossois Group-backed family tracking platform is reportedly looking at Australia for an initial public offering that could value it at $675m.
Chevron Technology Ventures checks $90m for Fund VII
Energy company Chevron’s strategic investment arm recently passed its 20th anniversary and has launched its latest fund, which is sized at $90m.
MineralTree looks to grow with $50m
The First Data-backed payment automation software developer has notched up $50m in a Great Hill Partners-led round, boosting its overall funding to near $70m.
Prevail proceeds to $50m series B
AbbVie has contributed to a round that took the gene therapy developer’s total funding to $129m in approximately two years.
Corporates enter Infinity for $120m fund
Gree Ventures and Miki have both contributed to a North Asia-focused venture capital fund that Infinity Ventures plans to close at $120m.
Hearst goes to 3D Hubs in $18m series C
Hearst Ventures has come on board at 3D printing services platform 3D Hubs as part of a series C round that took its funding to almost $30m to date.
TerViva turns to Evans for $20m
TerViva, which grows oil and protein-producing trees, has received series D funding from investors including existing strategic backer Evans Properties.
Ellevest sells corporates on $33m round
PayPal, Mastercard and existing investor Creditease Fintech Investment Fund helped provide $33m for the female-focused investment platform.
Byju’s rises with another $31m
Tencent invested $6m as educational app developer Byju’s raised $31m to boost its overall funding to more than $820m.
WndrCo provides Tinkergarten with $21m to play with
The outdoor educational course provider plans to expand to additional cities using the investment from WndrCo, which took its total funding to almost $30m.
Authine leans to series B round
Alibaba-backed software services provider Authine has secured $14.9m in a series B round led by Gaorong Capital.
CyberX secures $18m
Qualcomm and Inven Capital co-led a round that boosted the infrastructure-focused cybersecurity software provider’s total funding to $48m.