On-demand ride provider Grab’s financial services offshoot has secured the funding in a round led by Hanwha’s Asset Management unit.
Month: January 2021
Dremio drives through $135m series D
Cisco Investments returned for a round that boosted the data management technology provider’s valuation to the $1bn mark.
Senti Bio presents $105m series B
Leaps by Bayer led a round that also featured Amgen Ventures, Intel Capital and Alexandria Ventures Investments, taking the gene therapy technology developer’s total funding to $158m.
SalesLoft engages investors to raise $100m
The LinkedIn-backed sales management software provider has closed an Owl Rock Capital-led round at a $1.1bn valuation.
Pax8 racks up $96m
Existing investor Liberty Global Ventures contributed to a round that pushed the software deployment technology provider’s total funding to at least $157m.
QinBaoBao clinches series D funding
The Fosun and TAL Education-backed parenting app developer has secured $38.6m from two China-based venture capital firms.
IQiyi Intelligent gets series B influx
The VR and AR technology developer, which was spun off by iQiyi, has closed an eight-figure series B round co-led by Yitang Changhou Fund and Fresh Capital.
Volta Medical sparks $28m round
Existing investor Pasteur Mutualité came back for a round that will precede a trial of Volta’s software, which helps in the treatment of cardiac arrythmias.
GB News gees itself up with investment
Discovery has provided about a third of the $81.7m closed by GB News as it prepares to launch its right-wing current affairs channel later this year.
GoBear to shut down despite recent funding
The Aegon-backed loan and insurance comparison platform will shut down after raising $97m in the past two years.
Creditas looks to house Bcredi acquisition
Creditas will pay an undisclosed amount for the digital mortgage lender, a spinoff from Banco Bari, as it seeks to boost its real estate financing division.
Markets blurring
This is the third part of the speech we are preparing for the publication of the World of Corporate Venturing annual review and our next GCVDigitalForum.com on January 21 to 27. Yesterday and Monday we published the synopsis and the abundant innovation capital. Today’s leader will show how markets are blurring and Thursday’s will show the added value now required. Email jmawson@mawsonia.com by Friday 2pm UK time with your feedback for it to be featured on our podcast.
Udaan ups series D round to $865m
Tencent was among the investors that added $280m to the business e-commerce marketplace’s series D round, valuing it at $3.1bn.
Divvy bills investors for $165m series D
The expense management technology provider has secured funding from investors including Hanaco and PayPal Ventures at a $1.6bn valuation.