Lennar, SoftBank, Access Industries and Alphabet are set to score exits from the real estate transaction manager, valued at $4.8bn in the deal.
Month: September 2020
Zwift rides momentum to $450m
Amazon Alexa Fund and Specialized Bicycle Components vehicle Zone 5 Ventures helped the social exercise platform raise money at a valuation above $1bn.
Tencent triggers formation of $148m healthcare fund
Tencent Trusted Doctors has partnered China Resources’ CR Capital fund to establish a healthcare industry fund focusing on the city of Chengdu.
Escient becomes recipient of series B funding
The autoreactive and neuro-inflammatory disease therapy developer closed a $77.5m round co-led by Sanofi Ventures that took its total funding to more than $117m.
Escape Bio escalates funding with $73m
The precision medicine developer attracted returning investors Novo, Novartis Venture Fund and Johnson & Johnson Innovation – JJDC for a crossover financing round.
Carousell spins $80m round
The e-commerce marketplace secured $80m in a round led by Naver and backed by its Mirae Asset-Naver Asia Growth Fund at a post-money valuation topping $900m.
Acko stacks up $60m in series D
The online insurer took its total valuation to $500m in a round led by Munich Re Ventures and backed by fellow corporate investors Amazon and Intact Financial.
MDLive goes to Sixth Street for $50m
The investment firm supplied $50m for telehealth platform developer MDLive, which already counts Sentara, Cigna, Sutter Health, Novo and HCSC as investors.
Courier picks up series A funds
The notification software startup received backing from strategic investors Twilio, Slack and SendGrid in a $10.1m round that will fund hiring and product development.
Green shoots for manufacturing
There still remains such a chasm of scale between venture approaches to important strategic technology areas between countries.
Klarna clasps on to $650m
Bonnier has bought into the payment services provider at a $10.65bn valuation alongside a $650m primary round led by Silver Lake.
Biocytogen brings in $142m
China Life has returned for a $142m series D-plus round for cancer treatment developer Biocytogen, having already co-led its $77m series D round 13 months ago.
Outset Medical outpaces expectations in $242m IPO
Baxter International scored an exit as dialysis machine developer Outset Medical floated above its range in an upsized offering.
Panasonic packs $150m into second Conductive fund
Less than two and a half years after launching its $100m first fund, growth equity firm Conductive Ventures has announced a second vehicle also funded by Panasonic.