Rocket Internet, Access Industries and Tengelmann-backed fashion e-commerce marketplace GFG could float in Germany next month.
Month: June 2019
Wiseco sees to $94m series A round
Santai Holding and iPinYou-backed fintech developer Wiseco Technology has secured $94m in a series A round co-led by Huading Capital and Sino-Ocean Group.
The RealReal sets up shop for IPO
The second-hand luxury goods marketplace has set down a $100m target for an initial public offering that would offer an exit for Novel TMT Ventures.
DiaMedCare helps Nexxiot reach next stage
The Die Mobiliar and Credit Suisse-backed logistics technology developer has secured $35.2m from DiaMedCare to roll out its upgraded supply chain-monitoring sensors.
Legend returns to Bangsun in series C round
The anti-fraud technology provider has received $50.7m in a round led by VMS Investment Group that was also backed by existing investor Legend Capital.
Vertex asserts itself with $770m fund
The Singaporean-state owned venture firm is targeting $770m for its latest fund and has secured $50m from NEC Capital Solutions and $20m from Aozora Bank.
LevelTen leverages corporates for series B round
The renewable energy supply marketplace raised $20.5m in the round, which featured Exelon’s Constellation Technology Ventures, Equinor Energy Ventures, Total Ventures and Avista Development.
Sistema.bio harvests $12m
Shell Foundation and Engie RDE Fund were among the participants in the biodigester technology provider’s first notable round since it was founded nine years ago.
NEVS charges up Protean Electric purchase
National Electric Vehicle Sweden has acquired the in-wheel electric motor producer, enabling Zhejiang VIE Science & Technology and Tianjin THSG Corporation to exit.
Ueno waves goodbye to AGC
Masatoshi Ueno, who was part of GCV’s 2017 Powerlist, has departed from Asahi Glass where he had been a senior manager at its AGC Ventures unit for nearly eight years to join Komatsu.
SoftBank Vision Fund seeks $4bn in loans
Vision Fund has entered talks with banks including Goldman Sachs to borrow against its stakes in Uber, Slack and Guardant Health.
Aihuishou to process $500m JD.com-led round
JD.com has agreed to lead a $500m round for Aihuishou and will merge its own second-hand e-commerce platform Paipai with the electronics recycler.
Knowbox stores $150m in series D funding
Alibaba has injected $150m into personalised education platform Knowbox, whose backers already include TAL Education, Bertelsmann, Baidu and Legend Star.
Adaptive Biotechnologies switches to IPO mode
The immunotherapy technology developer has set a $230m target for an initial public offering that would offer exits to LabCorp, Illumina, Celgene and BD Biosciences.