HashPort Accelerator will help international entrepreneurs to enter the Japanese market, assisting them with fundraising and localisation.
Month: August 2019
Innovation Growth Ventures is no Innovation Fund clone
GCV Powerlist member Gen Tsuchikawa on Sony and Daiwa Capital Holdings’ new investment vehicle.
Latch locks up series B with $126m
Smart lock provider Latch completed a $126m round that included RxR Realty in addition to Tishman Speyer and Camber Creek, which backed the first tranche a year ago.
Rakuten Medical extends series C treatment by $100m
Cancer treatment developer Rakuten Medical has received $100m in series C1 capital from affiliate Rakuten, which now holds a 22.6% stake.
Emtek drives CarDekho’s series C to $129m
Kreatif Media Karya took part in a $19m extension to a series C round already featuring CapitalG, Dentsu and Bennett, Coleman & Co, boosting CarDekho’s total funding to about $200m.
Rapt retreats from IPO
Alphabet and Celgene are among the investors facing a delayed exit from Rapt Therapeutics, which has postponed an initial public offering that would have raised up to $80m.
SmartNews scoops up $28m
Japan Post Capital led a series E round that increased the valuation of the news aggregation app developer to $1.1bn, and its total funding to $116m.
Ninjacart to pick up $50m from Walmart
Walmart is set to invest $50m in the fresh fruit and vegetables supply chain operator, joining the likes of Qualcomm, Syngenta and Doosan among its investors.
GV’s Shakir shakes hands with Lux
After seven years at Alphabet, the last two as a partner at its GV unit, Deena Shakir is taking a partner role at venture firm Lux Capital.
Downer defects from XL Innovate to Sorenson
Chris Downer has joined Sorenson Capital’s venture capital unit after three years at XL Catlin’s corporate venturing arm.
Bondent gets its teeth into series D funding
Legend Capital and Xiamen C&D have contributed to a nine-figure renminbi round that will fund international growth and R&D for dentistry services provider Bondent Technology.
Aperza appears with $11m
GMO Venture Partners returned to contribute to a $11m round for the industrial-focused e-commerce marketplace that was led by Eight Roads Ventures.
Analysis: Monitoring nine-figure corporate-backed rounds
Rounds above $100m tend to be raised by companies based in the US and China. Last year we saw a record number of corporate-backed rounds.
Delight Ventures marks its independence
Managing partner Dai Watanabe discusses the unit’s strategy and how it will work with entrepreneurs and DeNA’s employees.