Bertelsmann Asia Investments has returned for the cross-border e-commerce platform’s latest round, having backed a series C round of equal size in early 2018.
Month: October 2019
Vir Bio rides to $143m in IPO
SoftBank Vision Fund-backed immunology therapy developer Vir will float at the bottom of its range, having raised in excess of $820m in VC funding in roughly three years.
UTokyo IPC sets up First Round
JR East, Mitsui Sumitomo Insurance, Mitsui Fudosan, Mitsubishi Heavy Industries and Takenaka are among the backers of UTokyo IPC’s First Round accelerator.
Fangdd looks to capture $150m in IPO
Online real estate marketplace Fangdd has filed for a $150m initial public offering that would allow Shanying International to exit.
Telstra Ventures calls in $50m for sidecar fund
Telstra’s corporate venturing unit has secured $50m for a fund that will function as a companion to the second fund it began raising last year.
Exploding Kittens makes noise with $30m
The Chernin Group’s TCG Capital Management affiliate has provided $30m of funding for the tabletop game provider that will fund hiring and game development.
Revel holds tight for series A funding
Toyota AI Ventures contributed to a $27.6m round for electric scooter rental service Revel, which is looking to expand further into the US.
Five Below heads to Nerd Street
Strategic investor Five Below led esports infrastructure provider Nerd Street Gamers’ $12m series A round, which included existing backer Comcast.
Zomato meets Ant Financial over $600m round
Ant Financial is in discussions to lead the round, which could boost the online restaurant portal’s valuation to $4bn and its stake to nearly 29%.
Lilium looks to Tencent for $500m round
Existing investor Tencent is in talks as part of a round the flying car developer reportedly aims to close at between $400m and $500m.
BioNTech binds itself to public markets
The Eli Lilly, Pfizer and Sanofi-backed cancer therapy developer raised $150m despite reducing the number of shares in the IPO and floating beneath its range.
Forward Networks advances to $35m series C
Goldman Sachs has thrown its weight behind Forward Networks, bringing the networking technology producer’s total funding to more than $62m.
Bitkey unlocks series A financing
Hankyu Hanshin Properties was among the investors that provided $20.6m for the first tranche of smart lock developer Bitkey’s series A round.
Osaro picks up $16m
The factory robotics software provider has now raised more than $29m altogether, with iRobot and Comcast likely among the investors in its series B round.