At-home fitness company Mirror is set to be acquired by Lululemon for $500m, after the corporate contributed to its series B round in November.
Month: July 2020
Coty cuts off $200m for KKW investment
The beauty and cosmetics group is acquiring a 20% stake in Kim Kardashian West’s beauty brand at a $1bn valuation in connection with a partnership agreement.
MFS Africa embraces Beyonic acquisition
Digital payment management platform Beyonic, a graduate of Barclays and Techstars’ Cape Town accelerator, has been purchased.
CapitalBio Technology cashes $113m
Sinopec Capital and Meinian Onehealth both invested in the biotech research product maker as it prepares for an initial public offering.
Goldfinch Bio holds on to $100m
Existing backer Gilead Sciences returned for a series B round that boosted the kidney disease therapy developer’s total funding to $160m.
Discord discovers another $100m
Index Ventures participated in a round that valued the WarnerMedia and Tencent-backed communication platform developer at $3.5bn.
Inui heads to Healthy.io in $9m deal
Home urinalysis test provider Inui had raised $50m from investors including Fosun and Tencent but is being bought by peer Healthy.io for just $9m.
SGX sets aside $128m to buy BidFX
Trading bourse owner SGX will take over the remaining 80% of the FX trading platform operator, its Asian Gateway Investments vehicle having invested $25m last year.
SolarisBank heats up with series C financing
Samsung Catalyst Fund, BBVA, SBI Group and ABN Amro Ventures chipped in as the banking platform developer raised $67.3m at a $360m valuation.
Enko Chem reaps $45m series B
Rabobank was among the investors as the crop protection technology developer publicly launched having raised a total of $66m since inception.
AIpark aces series C round
The smart parking technology developer has received $42.4m of fresh capital which came two years after a series B round led by Nio Capital.