Tasly and Genexine-backed I-Mab has filed to raise up to $100m that will fund development of its autoimmune disorder and cancer drugs.
Month: October 2019
Robinhood grabs another $50m
DST Global has invested $50m to boost Alphabet and Roc Nation-backed trading platform Robinhood’s series E round to $373m.
CassTime cashes $80m in series C1 round
The Fosun-backed automotive services provider received $80m in a series C1 round co-led by Sequoia Capital China and Source Code Capital.
Rokt racks up $48m
The Time-backed e-commerce marketing tool provider took its overall funding to $82m in a series C round where TDM Growth Partners joined existing investors.
Timee clocks up $18.5m
The temporary employment service provider has completed a series B round backed by corporates including Mixi, Nexyz Group, Prologis, JR East, Kids Holdings, Gosso, WDI Corporation and SBS Holdings.
Disc Medicine spins its way to $50m
Novo led the anaemia therapy developer’s series A round, which also featured Access Industries subsidiary Access Biotechnology.
Shuttl collects $42m
Toyota Tsusho paid $6.1m for a 3% stake in the bus aggregation service as part of a round that valued it at about $200m.
Blade cuts out new financing
TheCharter Communications-backed PC gaming platform has secured $32.7m and revealed Western Digital invested earlier this year.
Datameer sources $40m in new funding
Citi Ventures contributed to a late-stage round that will support the upgrading of data integration platform developer Datameer’s sales and engineering resources.
Kakehashi hashes out $24m from series B funding
The Japan-based medical startup has secured $24m in a series B round from corporates including Aflac, Dentsu, Globis, Itochu and Gree, which brought its total funding to over $30m.
Qoo10 acquires ShopClues
Qoo10 a Singapore-based e-commerce firm backed by the logistics subsidiary of eBay and Singapore Press Holdings and which raised $50m in June, has acquired India-based online marketplace ShopClues in an all-stock deal. The deal reportedly valued ShopClues between $50m and $80m compared to a peak of $1.1bn in 2016. ShopClues, part of the Clues Network and backed by… Continue reading Qoo10 acquires ShopClues
Fisdom adds $11m led by PayU
Fisdom, an India-based wealth technology startup, has raised Rs 78 crore ($11m) from a consortium including digital payments company PayU, along with existing investors Saama Capital and Quona Capital. PayU has invested $5m. Fisdom plans to launch a new product suite and double its headcount in the next one year to 300.
Schneider Electric to create four in Singapore
French energy equipment supplier Schneider Electric has signed a memorandum of understanding with Singapore’s Economic Development Board (EDB) to create four new Singapore-based companies. Schneider Electric will commit at least S$16m ($11.8m) over the next four years to incubate and develop up to four new companies that seek to address global climate change through energy-as-a-service, energy… Continue reading Schneider Electric to create four in Singapore
Canatu adds $16m
Finland-based conductive film developer Canatu has raised €15m ($16.3m) from a consortium including corporate venturing unit 3M Ventures and car part makers Denso and Faurecia. Denso provided two-thirds of the money and led the round, while Faurecia invested €2m in its third funding for Canatu. Canatu designs and produces stretchable, transparent conductive films and touch sensors… Continue reading Canatu adds $16m