Furniture rental service CasaOne has added co-working space operator WeWork to an investor base that already included JLL Spark.
Month: September 2019
Gojek and Digitaraya hit accelerator
The Gojek Xcelerate accelerator will take 20 local businesses through their paces in areas over the course of a six-month period.
Keranova carries over funding from Institut Mérieux
Institut Mérieux has returned for a $26.5m round for surgical technology developer Keranova, having previously supported a $4.6m round three and a half years ago.
Western Digital absorbs Kazan Networks
The corporate has bought portfolio company Kazan Networks three years after a series A round that also included Samsung Ventures and Intel Capital.
Airbnb spins Atlas Obscura to $20m
Travel media platform Atlas Obscura is increasing its overall funding to $32m with an Airbnb-led round that will be used to beef up its local experiences service.
Make.TV to enter LTN in acquisition deal
Microsoft and Qvest Media are set to exit video livestreaming technology developer in an acquisition by LTN Global.
SoftBank sets aside $500m for Latin American VCs
The corporate has already backed Kaszek Ventures and Valor Capital, but plans to supply cash for up to 10 venture firms in connection with its $5bn Latin America fund.
Byton inches towards $500m series C close
Having already inked an agreement with FAW in May, Byton is also signing up government-led industry investment funds and other institutional investors.
Henlius readies $477m IPO
Fosun Pharma is in line to exit Shanghai Henlius Biotech, which has set a price range for an offering that could raise up to $477m.
Sonovate snatches $135m
Rocket Internet and Prudential formed part of the consortium that has co-led a $135m equity and debt round for business financing services provider Sonovate.
Delhivery boxes up $115m
SoftBank, Times Internet and Fosun-backed logistics services provider Delhivery has received $115m from Canada Pension Plan Investment Board to take its total funding above $780m.
ADC Therapeutics aims for $150m in IPO
Spirogen spinoff ADC will put the proceeds into advancing its cancer-fighting antibody drug conjugates, having raised more than $530m from backers including AstraZeneca.
4Bio Capital forces its way to $50m
Children’s Minnesota has backed the first close of 4Bio Ventures II, a $150m venture fund that will focus on areas such as cell and gene therapy.
Corporates help GCPJ score second fund
Sompo, Mitsubishi UFJ Trust, Kansai Electric Power, Suzuyo, NEC, Bridgestone, Yamaha Motor and Lion are among the LPs that contributed to Global Catalyst Partners Japan’s $75.4m fund.