The electric truck and SUV developer has received $350m from Cox Automotive in return for a 10% stake in the Ford, Amazon and Sumitomo-backed company.
Month: September 2019
Zhuan Zhuan tees up $300m series B
Consumer goods portal Zhuan Zhuan will bolster its coffers with funding from controlling shareholder 58.com and existing investor Tencent.
Huimin hoists up $225m
Huimin, an online goods and services portal targeting community-sized retailers, has now raised some $520m altogether having been backed by Fosun Capital in its latest round.
Nextdoor closes $170m round
The Alphabet, Comcast and Axel Springer-backed social media platform added $47m from Bond to conclude a round that valued it at $2.1bn.
Healthy.io sells Samsung on $60m series C
Existing investor Samsung Next returned for a $60m series C round as Healthy.io secured regulatory clearance for its app-based kidney disease test.
Zhibu sews up $100m series C round
Tencent co-led a series C round that will help the textile software producer beef up hiring, research and development.
Aprea opens IPO proceedings
Praktikertjänst-backed Aprea Therapeutics has filed for a $68.3m initial public offering that will fund the clinical progress of its cancer drug candidates.
BioNTech bids for public markets status
The immuno-oncology drug developer, which counts numerous pharmaceutical firms among its investors, has filed for a $100m offering in the US.
ProGlove grabs $40m
Smart industrial glove producer ProGlove has received $40m from Summit Partners that comes after two rounds featuring corporate venturer Intel Capital.
Shinhan sails to Indonesia for next accelerator
Financial services provider Shinhan has deployed an Indonesian version of its Future’s Lab initiative in partnership with CoHive.
Plastic Omnium gets a place in AP Ventures II
Anglo American Platinum-backed investment fund AP Ventures has secured $30m from Compagnie Plastic Omnium for its AP Ventures Fund II fund.
Numerated accumulates $15m in series B round
Spun off by Eastern Bank and also backed by FIS and First Federal Lakewood, lending management software provider Numerated has now raised $32m altogether.
CasperLabs clasps series A funding
Digital assets and fintech company Hashkey was among the investors in a $14.5m round for Adaptive Holdings’ open-source blockchain protocol spinoff, CasperLabs.
Vodacom puts digital accelerator on speed dial
Vodacom Tanzania and Smart Lab have established a $150,000 accelerator that will coach founders of early and growth-stage companies in sectors including mobile, fintech and education.