Tencent and Meituan Dianping-backed healthcare crowdfunding platform Waterdrop has reportedly added $200m to its coffers and pushed its valuation to $2bn.
Month: August 2020
Trumid trucks in $200m
SGX, Deutsche Börse and Creditease-backed electronic trading platform Trumid has achieved unicorn status following a $200m funding round led by Dragoneer.
HMD Global calls in $230m
Google, Qualcomm and Nokia have supplied funding for HMD, which owns the licence to manufacture smartphones and feature phones under the Nokia brand.
T-Knife cuts series A deal
The startup has emerged from stealth with $77.6m from backers including Boehringer Ingelheim to advance four potential cancer treatments into the clinic.
Atomwise smashes through $123m series B
Tencent returned to help the AI drug discovery platform hike its overall funding to $174m with a round that will support hiring and technology development.
SiFive slides into $61m
Qualcomm Ventures, Western Digital Capital and Intel Capital all returned for the customer chipmaker’s series E round, which was led by SK Hynix.
Springboard propels itself to $31m
The mentor-equipped education provider took its total funding to more than $53m in a Telstra Ventures-led round featuring existing investor Pearson Ventures.
Yungongchang motors to series B round
Echo Capital has invested $14.4m in the Foxconn-backed industrial component marketplace to make up the provision for its latest round.
Incomlend ships in $20m
CMA CGM was among the investors in a series A round for the trade finance marketplace and will offer the service to its customers.
Scioto Biosciences scans series B funding
Genome and Company has acquired a majority stake in Scioto Biosciences following its contribution to a series B round that will be sized at up to $26.5m.
Flipkart makes Leap for accelerator
The e-commerce platform has teamed up with consultancy Zinnov for an India-based accelerator that will be conducted virtually.
Carro carries off another $11m
Mitsubishi, MS&AD and existing investor SoftBank Ventures Asia took part in a round that followed the car trading platform’s $90m series B last year.
SoftBank bounces back
SoftBank is projected to report operating income of more than $1bn for the quarter ended in June.
American Express considers consuming Kabbage
SoftBank, UPS, Santander, ING, Scotiabank and Recruit could exit the business finance platform in a deal reportedly sized at up to $850m.