The Tencent and Alibaba-backed social commerce platform suspended the dicussions last year but is now retrying for financing at a $6bn valuation.
Month: January 2020
Casper to bed down in public markets
Target-backed sleep product provider Casper has set a $100m placeholder target for its initial public offering, having been valued at $1.1bn early last year.
Alibaba helps Nice Tuan nick new funding
Alibaba has taken part in an $88.3m round for the community e-commerce platform that came five months after its merger with counterpart Niwoning.
Zap Surgical taps corporates in $81m round
Foxconn, Chow Tai Fook, Hogy Medical and Varian Medical have all invested in a round that took the surgical robot developer’s total financing to $160m.
Omniome impresses with $60m series C
The DNA sequencing technology developer, which counts Nan Fung and Lam Research as investors, has added $60m to take its funding to $145m in the last 18 months.
Elara edges $70m in financing
News Corp and its real estate advertising arm, REA Group, supplied $70m in convertible note financing for the property listings platform.
Inagora draws fresh funding
Investors including SBI and Sugi chipped in to help Inagora, the operator of cross-border e-commerce marketplace Wandou, raise $48.4m.
Line helps TimeBank clock up funding
Line Ventures backed a $36.2m round for AI-equipped e-commerce platform TimeBank that will help the startup acquire new users and partners.
Coupa scoops up Yapta
Concur and Amadeus both exited travel cost-analysis platform Yapta in an acquisition of undisclosed size that followed more than $22m in funding.
Kyruus completes $42m series D appointment
The healthcare scheduling software provider boosted its total funding to almost $120m in a round backed by Providence Ventures and Salesforce Ventures.
Jasper jacks series A round
Roche Venture Fund led a $14.1m extension for Jasper Therapeutics, developer of a conditioning agent for haematopoietic cell transplants, boosting the round to more than $49m.
Komodo Health comes for $50m
McKesson-backed healthcare macrodata platform developer Komodo Health snagged the cash in a series C round led by Andreessen Horowitz.
Analysis: CapitalG’s $100m call to Armis
Insight Partners agreed to acquire IoT security software provider Armis in a rollover transaction that featured a $100m commitment from Alphabet. The deal forms part of the IoT space to which corporates have not been indifferent over the past decade.
Healthgrades engages Evariant in acquisition deal
Salesforce, Dignity Health and McKesson have exited patient engagement software developer Evariant, which had raised more than $86m pre-acquisition.