Legend Capital and Industrial Bank have supplied $70.5m in series B funding for Gambol Pet Group, a pet food manufacturer with operations in Asia, the US and Europe.
Month: October 2019
CleverTap wraps up $35m series C round
Returning investors Sequoia India and Tiger Global Management co-led a $35m round that valued Recruit-backed marketing software provider CleverTap at $385m.
Sequis Life books $33m appointment with Alodokter
Sequis Life led a series C round for online healthcare and insurance portal Alodokter that included Philips and existing investor SoftBank Ventures Asia.
Legend Capital stirs Mathpresso to series B
The SoftBank, Samsung and Megastudy-backed maths tutoring app developer secured $14.5m in a round led by Legend Capital.
Shopmatic buys Combinesell
Louken Group is exiting CombineSell in an acquisition by Shopmatic, having backed the e-commerce management platform developer at seed stage.
Paytm progresses towards $2bn
Existing investors Ant Financial and SoftBank are close to taking part in a $2bn round that would value digital payment services provider Paytm at $16bn.
Lakala to locate $141m for strategic fund
Payment services firm Lakala is investing more than $42m in the fund and has so far sourced the same amount from two state-backed investors.
Provivi reaps $85m in series C round
BASF Venture Capital formed part of a consortium co-led by Pontifax Agtech and Temasek that supplied $85m in funding for pesticide developer Provivi.
Ansun gets its hands on $80m
Lilly Asia Ventures returned for the respiratory disease drug developer’s series B round, having co-led its $85m series A last year.
True Balance accrues $23m
Several Korean investors have supplied a further $23m for the mobile balance and financial services provider, which already counted SoftBank, Line and Naver as investors.
Alfilo Brands exhibits $16m
The SIG-backed art and culture IP licensor completed a series A-plus round that will support recruitment and the expansion of its properties.
EWTP Fund makes XTransfer in $15m round
The Alibaba-backed ETWP Fund led a series B-1 round for XTransfer, which will put the cash towards expanding its cross-border financial services.
Future Meat looks ahead with $14m
The Tyson Ventures and Neto Group-backed cellular meat startup will use the series A funding to launch its pilot manufacturing plant.
More deals with less capital
Quarterly data report: Q3 2019