Bertelsmann India Investments has returned to back online lending marketplace Lendingkart as part of a series D round that took its overall equity funding to at least $143m.
Month: August 2019
BeliMobilGue travels to Frontier for $30m
Tunas Toyota-backed second-hand vehicle marketplace BeliMobilGue has received $30m from founding investor Frontier Car Group
Propzy prepares $25m series B round
GS Shop-backed real estate marketplace Propzy is seeking $25m to fund the launch of new services and enter new geographical markets.
Clobotics clubs investors together to raise $22m
Wangsu-backed computer vision technology developer Clobotics has received pre-series B financing to extend its overall funding to at least $48m.
Ashurst prevails on Praill to lead development unit
Former Navitas Ventures head Tim Praill has agreed to lead the global team of law firm Ashurst’s recently formed open innovation unit.
Celect sells to Nike
Nike has paid an undisclosed amount for retail analytics software developer Celect, which had raised $30m from investors including NGP Partners.
Corporates fuel Hydrogenious’ latest round
Royal Vopak, Mitsubishi and Covestro helped the Erlangen–Nuremberg hydrogen storage technology spinout collect $19m in funding.
Sunverge egdes to $11m
Equinor Energy Ventures and Evergy Ventures chipped in to help bring grid management software provider Sunverge’s overall funding to nearly $65m.
Samsung trips SignalWire in series A round
Samsung Next has bet on secure telecommunications platform developer SignalWire in an $11.5m round that will support work on its newest product.
Salesforce’s Japan Trailblazer Fund gains traction
Shinji Asada on Salesforce’s engagement with the Japanese SaaS ecosystem.
Naspers reaches Meesho in $125m round
Facebook provided $25m for the social commerce marketplace as part of a Naspers-led round that has been set to value it at up to $650m.
MS&AD Ventures magnifies fund to $128m
Insurance group MS&AD Holdings has boosted the size of its corporate venturing unit eight months after its launch, having reportedly made in excess of 20 investments.
Innovaccer chases $60m investment
The M12-backed healthcare data management platform is speaking to new investors and is targeting between $50m and $60m at a $300m valuation.
Carisma dazzles with extended series A round
The company has revealed it added approximately $6m to a series A round co-led by AbbVie Ventures last year, bringing its total size to about $59m.