Tencent has led a round worth hundreds of millions of dollars for New Ruipeng, which is now valued at $4.4bn and also backed by Boehringer Ingelheim and Country Garden.
Month: September 2020
Palladio fills palette with $20m
Roche has injected funding into Palladio, creators of a drug for autosomal dominant polycystic kidney disease.
A chance to impact the world
Sir Ronald Cohen’s insights from his second book, Impact: Reshaping Capitalism to Drive Real Change, lay out a methodology for adding impact to the usual risk and return decision-making for investing.
XtalPi calculates $319m series C
SoftBank Vision Fund 2, PICC Group and Morningside Venture Capital co-led the round, which also attracted Tencent, China Life Insurance, SIG China and others.
Investors deliver $300m to Rappi
Delivery Hero and SoftBank-backed Rappi has picked up more than $300m from a group of investors including T. Rowe Price Associates.
Tencent helps transfer $176m to Taimei
Tencent joined GL Ventures and YF Capital to co-lead a $176m funding round for Taimei Technology, while SoftBank China Venture Capital also invested.
InventisBio ignites $147m series D
Lilly Asia Ventures has returned for a $147m series D round that will allow InventisBio to advance its treatments for breast cancer and gout into phase 2 clinical trials.
BA Capital lures corporates to $147m fund
BA Capital has raised a total of $247m this month across its yuan and dollar-denominated vehicles targeting the consumer and media sectors.
Monte Rosa climbs $96m series B
GV has thrown its weight behind Monte Rosa Therapeutics, which is working on biotechnology to degrade disease-driving proteins that have hitherto been considered undruggable.
Creative Biosciences designs $88m series C
Creative Biosciences has collected $88m in fresh funding from a consortium of new and existing shareholders, though Kingmed Diagnostics and Tasly did not return.
Galecto gets $64m
Novo and Bristol Myers-Squibb formed part of a group of new and existing backers that provided cash to Galecto, based on research from the universities of Lund and Edinburgh.
Common houses $50m series D funding
Kinnevik has led the LeFrak-backed community housing service provider’s latest round, taking its overall funding in excess of $110m.
ShareChat shoots to $40m pre-series E
Twitter has returned to back the social media platform that provides services in 15 Indian languages, which pushed its total funding to about $264m.
Accenture helps Ripjar raise series B
The existing investor has chipped into the anti-fraud technology producer’s $36.3m round that lifted its overall funding to more than $60m.