Huadao Biopharma has collected a $14.5m series B investment from NKY Medical Holdings to build out its cancer treatment technology.
Month: August 2019
Teralytics mobilises corporates for more funding
Robert Bosch led a $17.5m round for the mobility software provider that included DB Digital Ventures and Innogy Ventures, following $44m of earlier funding.
Lee leaves Citadel for Softbank
Having helped build teams for Citadel for seven years, Jenny Lee has come to Softbank Investment Advisers to manage human resources following the launch of its second Vision Fund.
TDK reads A-OK for ventures
Materials and hardtech will be focuses for the CVC unit, says MD Nicolas Sauvage.
Tencent looks to transfer $1.5bn to Kuaishou
The prospective deal would follow a $350m investment by Tencent in early 2017 and would value the video streaming platform at $25bn pre-money.
Cybereason figures out $200m SoftBank investment
Various SoftBank entities have put a total of $200m into Cybereason, doubling the cybersecurity technology provider’s total equity funding to about $400m.
American Family Ventures accepts $162m for third fund
American Family’s corporate venturing subsidiary has accumulated more than $162m from four investors for a fund expected to close at $200m.
Didi takes driverless car technology unit for a spin
Didi Chuxing has set up its autonomous car unit as a new business that remains unnamed for now, with the aim of attracting external investment.
Group 42 brings in $65m for Jollychic
The Legend Capital-backed cross-border fashion e-commerce platform has raised a $65m commitment from Group 42 in a series C-plus round.
Exo Imaging executes $35m series B
Intel Capital led a round that will enable Exo, whose investors also include OSF HealthCare, Sony and Applied Materials, to improve its AI-powered ultrasound technology.
Scalable Capital constructs series C round
Tengelmann Ventures was among the participants in a $27.5m round that increased the digital wealth manager’s overall funding to more than $73m.
Backbone builds out series A to $18m
The consumer brand software provider closed its Novel TMT-backed series A round at $18m with a $10m extension that boosted its total funding to $23m.
Capital Nuts bolts on corporates for VC fund
The VC firm has closed the $43.2m fund following limited partner commitments from G-bits Network Technology, Xiamen Torch, ITG Holdings Group and Good First Group.
Reliance gets a Fynd as Google exits
Reliance Industries has acquired a majority stake in the fashion e-commerce platform through a $41.7m majority stake purchase that will enable Google to exit.