Vice Media is in negotiations to buy Refinery29, which has raised about $125m in equity funding from investors including WarnerMedia, WPP and Scripps Networks Interactive.
Month: July 2019
Tech Council tells of Evonik investment
Tech Council Ventures’s second fund has received a contribution from the chemical producer’s corporate VC unit, which launched a $170m fund earlier this year.
Corporates go through RedDoorz in $45m series B
MCN Group joined existing investor SIG in the hotel booking platform’s series B round, which was co-led by Qiming Venture Partners and Jungle Ventures.
Sense recharges series B to reach $30m
Schneider Electric has been joined by Landis+Gyr, MKB and IDO Investments for a $10m series B extension that boosted the home energy monitoring platform’s total funding to $50m.
Jiayou Xueba jumps to series C round
Jiayou Xueba was among the investors supplying an eight-figure renminbi sum for the online K-12 education platform, which is also backed by OneSmart.
Sequoia acquires GV’s Maguire
After almost three years at GV as a partner concentrating on science-focused deals, Shaun Maguire has moved on to VC firm Sequoia Capital.
Schear cuts a path to Camber Creek
Mitchell Schear has joined Berman Enterprises-backed venture firm Camber Creek and will focus on technology-enabled investments in the real estate sector.
Ciox Health sees its way to $30m
Merck & Co co-led the round, which will help the health data software producer to further develop its AI-powered clinical data repository.
Brainly nabs $30m with Naspers help
Existing investor Naspers led the round, which will support the expansion of Brainly’s online homework portal to teachers, partners and children in the US.
Frankly fixes Vemba acquisition
WarnerMedia, Bertelsmann and SpotX are set to exit the video distribution technology producer, which has agreed to be acquired by Frankly.
Ralali constructs $13m series C round
The Beenos and CyberAgent-backed business materials marketplace collected $13m in a series C round that featured Siam Cement Group’s AddVentures unit.
Omron Ventures harnesses innovation to change culture
Chief executive Tomoko Inoue describes her unit’s core interests and how it interacts with entrepreneurs.
9f lines up $150m IPO
SIG-backed online lending platform developer 9f has filed for a $150m initial public offering in the US that would also enable SBI to exit.
Traveloka tries for $500m
The round could value travel and holiday services platform Traveloka at $4.5bn and would come after earlier investment from the likes of JD.com and Expedia.