Tencent has led a series E round for VIPKid that reportedly could have been sized at as much as $500m, with the corporate in line to invest $150m.
Month: October 2019
MiroBio signals for series A funding
University of Oxford-founded autoimmune disease therapy developer MiroBio has launched with support from GlaxoSmithKline subsidiary SR One.
Tier ties Axa to $60m round
The scooter rental platform has now raised more than $95m altogether, after Axa Germany participated in a series B round that will fund European growth.
Arcellx arranges $85m series B
LG Technology Ventures and existing investors Novo, SR One and Takeda Ventures all took part in a round that will support the advance of Arcellx’s immuno-oncology cell therapies.
ADC abandons IPO plans
The AstraZeneca-backed cancer drug developer had hoped to raise up to $212m in a US flotation but is instead pulling back due to unfavourable market conditions.
SBI turns Tide toward series B round
SBI Group joined existing investor Augmentum Fintech to co-lead a $54.3m series B round for digital business bank Tide at a reported valuation of nearly $250m.
AI Medical Service accrues series B funding
Endoscopic software developer AI Medical Service raised $42.9m from investors including Sony Innovation Fund and Globis Capital Partners to take its overall funding to $57m.
NS1 nabs $33m in series C round
Dell, Cisco, Salesforce, Deutsche Telekom and Telstra all participated in a round that boosted web traffic management technology provider NS1’s total funding to more than $85m.
Oyo makes $1.5bn series F reservation
Founder and CEO Ritesh Agarwal is set to provide $700m for a $1.5bn series F round that will value the short-term accommodation provider at $10bn, while SoftBank will also take part.
PropertyGuru proposes $257m in shares for IPO
Emtek is set to sell up to $55m of its shares in online real estate platform PropertyGuru in an Australian initial public offering that could bring in up to $257m in proceeds.
Viela Bio peels off $150m in IPO
AstraZeneca spinoff Viela Bio has gone public in an offering that involved existing backers buying some $70m worth of stock, and its share price has since risen 21.7%.
GV gives notice on possible $2bn Uber stake sale
The Alphabet unit has already divested part of its stake in publicly-listed Uber to SoftBank at a $48bn valuation but is considering selling the rest from next month.
Unqork cracks open $80m series B
Unqork has now raised $110m in total, CapitalG having led a series B round featuring earlier backers that include Goldman Sachs Principal Strategic Investments.
Bukalapak packs in more series F funding
Emtek and Shinhan Financial Group helped e-commerce marketplace operator Bukalapak close a series F round of undisclosed size at a valuation topping $2.5bn.