United Media FOFs was among the participants in the antiques e-commerce platform’s fifth round, which will fund platform development and human resources activities.
Month: November 2020
Zego zooms to $50m
Zego, a video conferencing platform developer backed by a former Tencent executive, has recruited the corporate to lead its latest round.
Fountain Healthcare Partners finishes third fund
Drug producer Kyowa Kirin helped the life sciences venture firm, a spinoff from Elan Corporation, close an oversubscribed $146m third fund.
Guerpillon pulls into Dole Ventures
The fresh fruit provider has selected Barbara Guerpillon to head corporate venturing unit Dole Ventures after five years leading Unilever’s Foundry Asia business.
Skeleton finds capacity for series D funds
Harju Elekter helped graphene ultracapacitor developer Skeleton Technologies complete a $48.3m round yesterday that included existing investor Harju Elekter.
Innovation Fund 25 gets more corporate backing
Daikin and Nippon Life are the latest LPs for the vehicle formally called Kansai Innovation Network, whose investors already include corporates Eneserve, Hankyu Hanshin, Iwatani, Rohto and Shionogi.
TVision attracts SIG to raise $16m
The television engagement data provider added SIG Asia Investments to a base of corporate backers already including Itochu Technology Ventures.
Business model shifts in electric vehicles
It is expensive building cars, especially electric ones with few signs they can be profitable outside of selling carbon offset credits to polluters.
Stensul stacks up $16m
Capital One Ventures was among the participants in a series B round for Stensul, a developer of enterprise email assembly software.
Xunshi punches through series C round
The 3D-printed product supplier raised an eight-digit dollar amount in a round led by China Life Private Equity Investment Company.
PayPal drives Zeal Capital to $22m close
Zeal Capital Partners has secured $22.3m for its debut fund, which was anchored by PayPal as part of a $50m diversity commitment.
Powerlist Q&A – John Banta, Blue Venture Fund
Q&A with John Banta, president and managing director, Blue Venture Fund
Ant Group blocked from $34bn IPO
Chinese regulators have suspended the Alibaba spinoff’s initial public offering, which was set to value the financial services provider at $313bn.
Reef Technology finds space for $700m
SoftBank Vision Fund returned to reinvest in proximity services provider Reef, which has also launched a $300m real estate fund with fellow backer Oaktree Capital Management.