Financial services provider Consorcio has partnered HCS Capital Partners and will invest $20m in Latin America-based fintech startups over the next five years.
Month: July 2019
SmartE plugs into Mitsui for series B cash
Mitsui has invested $14.5m in SmartE, which will use the proceeds to expand its fleet of electric-powered rickshaws and strengthen its charging infrastructure.
Sennder receives $70m series C delivery
Next47 and Scania Growth Capital both took part in the Lakestar-led round, which reportedly valued the logistics software provider at about $300m.
SmartHR administers $57m series C round
The human resources management software provider, which counts Digital Garage, Nissen and Tokio Marine & Nichido as investors, has secured $57m.
Oyo opens doors to $3bn in transactions
Lightspeed and Sequoia are selling part of their shareholding back to Oyo’s founder for a combined $1.5bn as Oyo also seeks to raise up to $1.5bn in new funding.
Ke.com kicks up $1.2bn
Lianjias’s online real estate brokerage spinoff has secured $1.2bn at a reported $9.5bn valuation, with Tencent leading the round.
Neumann unloads $700m of We Company shares
CEO Adam Neumann has divested a total of $700m in shares of SoftBank-backed co-working space provider The We Company to undisclosed buyers.
SoftBank Ventures Asia solicits $270m for fund
The unit has secured $270m in capital for its new early-stage fund ahead of a final close expected to take place in the next six months.
Hellobike pedals towards $400m
Hellobike is talks to raise $400m in an Ant Financial-led round that could increase the bicycle rental platform’s valuation to $5bn.
Corporates find PayMate in $25m series D
Recruit Strategic Partners, Brand Capital and Visa have backed the series D round, which the digital payment platform developer plans to close at $25m.
Corporates help fling more than $50m to iFlix
The online streaming service is preparing an IPO after a Fidelity-led round that included corporate investors MNC, JTBC, Sky, Hearst and Yoshimoto Kogyo.
Kaishu Story calls in Baidu for $50m
Baidu led the children’s fiction provider’s series C round, investing alongside fellow corporates New Oriental Education & Technology and TAL Education.
Adara Ventures accumulates $73m for new fund
Prosegur has backed the $73m first close of Adara Ventures III, which will focus on deep technology developers in the business-to-business space.
Analysis: Vungle’s $750m acquisition
Blackstone will purchase the advertising platform Vungle in a deal giving exits to corporates Alphabet and Verizon.