The SoftBank, Comcast and Alphabet-backed communication platform developer saw its shares pop and its market cap climb nearly 50% to $19.5bn following its direct listing.
Month: June 2019
CureFit starts training for $200m round
SoftBank Vision Fund is reportedly considering an investment of between $200m and $350m in healthcare and wellness group CureFit.
Investors drive Druva forward with $130m
NTT-backed data management software producer Druva has closed a $130m round led by Viking Global Investors and acquired M12-backed data transfer platform CloudLanes.
Haoqipei motors on with $60m series D
Existing shareholder Access Industries has led a $60m series D round for business-to-business car parts marketplace Haoqipei, while Susquehanna International Group also returned.
Dianrong dials in fresh funding
Dianrong secured additional cash from investors including Standard Chartered Private Equity and Orix-backed partnership DFIIG to ensure it meets regulatory conditions for peer-to-peer lending.
Vida Health leads corporates to $30m series C
GuideWell Mutual, Teladoc and Workday all contributed to a round that boosted the online physical and behavioural healthcare portal’s total funding to $53m.
SmartRent brings home $32m
Essex Property Trust, UDR and Starwood Capital all contributed to a series B round that will fund the further deployment of SmartRent’s intelligent home automation devices.
Leju Robotics fetches series B funding
The AI-enabled humanoid robot builder has received $36.4m in funding from investors including existing backer Tencent, which supplied its series A financing two years ago.
Yappli applies itself to raise $28m
SMBC Venture Capital and YJ Capital are among the investors that provided $28m for the smartphone app development platform in a round led by Eight Roads Ventures Japan.
Caixa Capital’s Vazquez veers to Next47
Adiari Vazquez, formerly investment manager at Caixa Geral de Depósitos’ Caixa Capital subsidiary, has joined Siemens-backed Next47 as an associate.
AgFunder invites startups to Grow
AgFunder has joined Rocket Seeder to form a new agriculture and food accelerator with Singaporean government support to complement the launch of its $50m, Southeast Asia-focused VC fund.
Niantic picks up Sensible Object
The mobile game studio has acquired interactive tabletop game maker Sensible Object, handing exits to Amazon and NCSoft.
Saft takes acquisition route to Go Electric
Battery technology manufacturer Saft has purchased the back-up energy system provider in a transaction that enabled Evergy Ventures to exit.
Hazelcast hauls in additional funding
Capital One Ventures re-upped in the $21.5m round, which was led by C5 Capital and which took the database software provider’s total funding to $35m.