Online food distribution platform developer Lehe Food raised $14.7m in the round, which was led by Meituan Dianping corporate VC vehicle DragonBall Capital.
Month: October 2019
Bayzat lays out $16m
Almajdouie-backed human resources management platform Bayzat took its funding to $31m altogether in its series B round co-led by Point72 Ventures and Mubadala Capital.
SoftBank sorts We Company with $9.5bn financing package
Jin Jiang International and Legend Holdings will get exit routes through the deal, which is set to give SoftBank a stake in the workspace provider sized at about 80%.
Databricks builds $400m series F round
Microsoft contributed to a $400m round for the data preparation software provider that more than doubled its valuation to $6.2bn in eight months.
PropertyGuru moves away from IPO
Emtek, which had planned to sell as much as $55m worth of shares, will have to wait longer for an exit after the real estate marketplace withdrew from the proposed offering.
Jüsto jostles for $10m
Femsa Ventures has co-led a seed round for Jüsto, billed as Mexico’s first online-only supermarket, alongside venture capital firms Mountain Nazca and Foundation Capital.
Roku attacks $150m Dataxu acquisition
Sky will exit through the deal without much of a return, having reportedly invested in video ad buying platform Dataxu at a $1bn valuation.
IonQ optimises corporates to raise $55m
The quantum computer developer received $55m in a round co-led by Samsung Catalyst Fund featuring Hewlett Packard Pathfinder, Airbus Ventures and existing backers GV and Amazon.
Thai Union ties $30m into foodtech fund
Seafood supplier Thai Union’s corporate venturing fund will focus on alternative food proteins, supply chain and functional nutrition technologies.
Lively gets Ally in $27m series B
Ally Financial venture capital unit has contributed to health savings account provider Lively’s latest round to take its total funding to approximately $42m.
Signal AI hits series C with $25m
GMG Ventures and Hearst Ventures have returned to back Signal AI as the information intelligence software provider took its total funding to more than $51m.
OpenLegacy takes funding to $50m with Silverhorn
OpenLegacy, a US-based application integration and management service provider, has raised an undisclosed amount from Hong Kong-based Silverhorn Investment Advisors to take its total funding to $50m. OpenLegacy has used the round to expand into Asia Pacific/Japan and hired Joseph Wong as general manager from Cornerstone OnDemand. The OpenLegacy platform delivers a common framework for the creation of microservices-based APIs to accelerate… Continue reading OpenLegacy takes funding to $50m with Silverhorn
SoftBank sets stage for We Co rescue
The prospective transaction would involve SoftBank raising its stake to about 70% at a valuation potentially as low as $7.5bn pre-money.
Bloomberg Beta boxes $75m third fund
Bloomberg has made its third $75m commitment to work technology-focused Bloomberg Beta to bring its total capital under management to $225m.