Alibaba-founded industrial data analytics platform developer Wuxi Xuelang Digital System has added $14.5m to an eight-digit renminbi sum it previously raised last year.
Month: July 2019
WeWork Labs sets accelerators to simmer
WeWork Labs will launch new early-stage and growth-stage accelerator streams in Thailand focused on foodtech in partnership with Thai Union Group, National Innovation Agency and Mahidol University.
Douyu restarts $944m IPO plans
After temporarily halting the IPO in May due to US-China tensions, Douyu has relaunched its efforts with a target of $944m in proceeds and moved its proposed listing from NYSE to Nasdaq.
Bolt latches onto series C
Bolt, the ride hailing platform backed by Daimler and Didi Chuxing formerly known as Taxify, has raised a series C round valuing it at more than $1bn.
Evotec reaches Breakpoint with $35m
Evotec has spun out Breakpoint Therapeutics and equipped the oncology drug developer with $35m in funding also backed by Taiho Pharmaceutical.
Sensibill balances $31.5m series B
National Bank of Canada has taken part in a $31.5m series B round for Sensibill, a mobile banking technology producer already backed by OpenText.
15Five counts $30.7m for series B
Siemens’ Next47 unit has led the series B round, which will enable 15Five to accelerate business growth, bolster sales and marketing efforts and drive technology development.
Rebel Foods orders up series D funding
Go-Jek has provided a $5m extension for Rebel Foods’ series D round, which currently stands at more than $20m but has a target size of up to $100m.
Employment Hero champions $16m series C
Employment Hero has boosted its valuation to $72m following a $16m series C round that featured returning investor Seek.
Fosun sets up latest accelerator program
Fosun will target healthtech, insurtech and fintech startups with the accelerator, which has been launched in partnership with Luz Saude, Fidelidada and Hauck & Aufhauser.
Anderson Strathern draws up CVC unit
Law firm Anderson Strathern has launched AS Capital to invest in early-stage startups alongside Equity Group, having invested an undisclosed amount in Synaptec.
Exigent legislates fund
The legal outsourcing provider has launched Bright Mind Capital Partners to make early-stage investments in artificial intelligence, blockchain and big data startups.
Waresix locks in series A funding
Sinar Mas Digital Ventures has taken part in the $14.5m round, which will enable the logistics provider to expand its warehousing capacity and grow its fleet of vehicles.
Broadpeak beams in Eutelsat investment
Eutelsat and the video delivery components developer will partner to expand their portfolio of services for telecom operators, media groups and content providers following the $11.2m investment.