The corporate has picked up a 57% stake in SoftBank-backed professional social network Dajie for just over $50m in cash and shares.
Month: August 2019
Credijusto cashes $42m series B
The Mexican small-business lender has received $42m in a round co-led by Goldman Sachs, the investment bank that supplied it with a $100m credit facility in March.
Sphero picks up LittleBits in acquisition deal
Toy electronics kit provider LittleBits had raised $59m from investors including O’Reilly Media, and will become part of Sphero’s smart toy product lineup.
Flipkart looks to mount Shadowfax in $40m deal
The e-commerce platform is conducting due diligence for an investment that would reportedly more than double last-mile delivery service Shadowfax’s valuation to $200m.
GV-backed Apptimize docks at Airship
App testing optimisation platform Apptimize, which counted Alphabet unit GV as an investor, has been acquired by Airship for an undisclosed amount.
Keikyu Accelerator Program confers awards on demo day
Five startups have presented their technologies on the demo day of Keikyu Accelerator Program’s sophomore batch, with Ecbo Cloak and NearMe receiving awards.
Germi8 to sprout Southeast Asian startups
Sustainable food-focused Germi8 has been co-founded by Leave a Nest and has backing from fellow corporates Kobashi Industries and Euglena.
Luma Health blooms with $16m
Texas Medical Center and Cisco Investments are among the investors that helped the healthcare servies platform take its overall funding to almost $26m.
Boston Microfluidics collects series A funding
Home blood-collection device supplier Boston Microfluidics has secured LabCorp as an investor in a $17.5m round that was led by Anzu Partners.
Bestmile mobilises series B funding
Groupe ADP and Airbus Ventures both backed a $16.5m round that took the fleet management platform’s overall funding to $35.5m.
ThoughtSpot dots i’s on $248m round
Capital One and HPE-backed Thoughtspot was valued just shy of $2bn in a round that increased the total raised by the data analysis software provider to more than $550m.
Temenos banks on Kony in $559m acquisition
SoftBank and Telstra are both set to exit digital banking technology developer Kony in an acquisition by Temenos that comes after about $113m of funding.
Kite lifts HifiBio to $67m series C
Kite Pharma and existing investor Legend Star both took part in the autoimmune disease and cancer drug developer’s latest round, which follows $37.5m last year.
Bboxx locks up $50m
The solar system provider closed a series D round led by Mitsubishi that included existing backer Engie Rassembleurs d’Energies.