Naspers has reportedly contributed to a round for the shipping services portal sized at up to $20m, with the cash earmarked for hiring and general business purposes.
Month: May 2020
Buy, build, partner, invest Walmart-style
US retailer Walmart – where 160 million Americans shop each week – has closed its Jet.com online brand.
Amwell calls in corporates to raise $194m
Takeda and existing investor Allianz X took part in a series C round closed in the wake of heightened demand for Amwell’s telehealth technology platform.
Rapid Micro caps latest round at $120m
Asahi Kasei Medical contributed to a round that took the total raised by the microbial detection technology provider past $255m.
Amplyx amplifies series C past $90m
Pfizer, Lundbeckfonden Ventures and Biomed Ventures have all taken part in a round for the anti-infective therapy developer that has now passed $90m.
MasterClass passes series E test with $100m
The online teaching service was valued at $800m in a Fidelity-led round, adding to earlier funding from investors such as Bloomberg Beta, WME Ventures and Novel TMT.
Khatabook reaches new chapter with $60m
Tencent and Unilever Ventures have participated in a series B round for the business accounting platform developer, reportedly valuing it at up to $300m.
Omada Health embraces $57m
The corporate-backed health management service raised the cash from Perceptive Advisors and has used $30m to buy musculoskeletal-focused Physera.
Simple Love signs off on series A
Guangzhou Honest Dairy’s yoghurt brand has spun off with $56.3m in a round led by Matrix Partners China that will fund the strengthening of its production resources.
Entangled Group joins Guild in acquisition deal
Edtech venture studio Entangled has been bought by Salesforce and Workday-backed Guild Education in an all-share deal sized above $80m.
Source Defense secures series A-plus capital
Capital One Ventures was among the participants as e-commerce focused cybersecurity provider Source Defense sealed $10.5m of series A funding.
Leyan lets in series C1 funding
The customer service technology developer has raised $21.1m from investors including Beijing Kunlun Technology in a round co-led by Blue Lake Capital and Eastern Bell Venture Capital.
Jakarta MRT gets accelerator on track
Jakarta’s public rapid transit system will seek out local entrepreneurs to help develop their projects through newly formed accelerator MRTJ Accel.
Sound Agriculture swings $22m
Existing investors Cavallo Ventures and Syngenta Ventures returned to reinvest in the crop production technology developer’s series C round.