The insurance firm put up the capital for what looks set to be the 12th fund raised by investment firm Tiger Global Management, following a $3.8bn vehicle in 2018.
Month: January 2020
CareBridge takes the weight of $40m
GV was among the investors as long-term care support provider CareBridge emerged from stealth with $40m and two acquisitions.
KeyMe admits another $35m
Brentwood Associates led a round that will fund US expansion by the Comcast and 7-Eleven-backed digital locksmith along with an expansion of its services.
Comcast NBCUniversal commences SportsTech accelerator
Comcast NBCUniversal is seeking applications from developers of sports-related technologies for its SportsTech accelerator, which will invest $50,000 per company.
Trivedi tries General Atlantic role
Vinay Trivedi has left SoftBank Investment Advisers, the manager of SoftBank Vision Fund, and joined General Atlantic as a vice-president to oversee growth-stage tech investments.
Launchpad Digital Health enlarges second fund
Wilson Sonsini Goodrich & Rosati and an undisclosed insurer are among the LPs for the venture firm’s new digital health-focused vehicle.
Waters to acquire Andrew Alliance
Waters is buying laboratory software developer Andrew Alliance having backed its 2018 series C round with fellow corporates Inpeco and Tecan.
Trusona entrusts corporates in $20m round
M12 and Akamai both invested in the identity verification platform developer, which increased its funding haul to $38m altogether.
Waresix receives additional series A delivery
The logistics company has received $11m in a series A extension, bringing the Sinar Mas-backed round to $25.5m.
aCommerce appraises $15m round
Backed by a host of corporates, e-commerce services provider aCommerce has secured $15m as it continues to seek profitability for its Southeast Asia-focused business.
Seeq swells series B round to $47m
Saudi Aramco led a $24m second tranche for the industrial data insights provider Seeq’s series B round, which includes Chevron and Siemens.
Zelgen sells Shanghai on $294m IPO
Minsheng Life-backed oncology drug developer Zelgen has priced an initial public offering set to value it at more than $1.1bn.
Equinix to pick up Packet
Bare metal connectivity service provider Packet had raised $36m in funding from investors including Samsung, Dell, SoftBank and JA Mitsui Leasing.
Taiping ties up $1bn fund with CICC
The insurance firm has partnered China International Capital Corporation on a vehicle that will invest in companies situated in China’s Bay Area.