The on-demand consumer delivery service more than doubled its valuation to $8.9bn in under six months, in a round backed by SoftBank Vision Fund 1.
Month: March 2021
NewLink charges up with $200m
Bain Capital led another tranche for the Nio and Xiaomi-backed refuelling and recharging platform developer, taking its latest round to $300m.
Komodo Health collars $220m
The McKesson-backed healthcare analytics software provider boosted its valuation to $3.3bn in a series E round that came just two months after its series D.
Investors deposit $70m in KreditBee
Kunlun has joined Xiaomi in exiting Finnov’s digital lending platform, Kreditbee, in a series C primary and secondary round that now totals $145m.
Reneo readies itself for initial public offering
Novo and Lundbeck are in line for exits from the mitochondrial disease therapy developer, which has raised $145m across two funding rounds.
Winicssec wins $46m in series D round
Poly Group unit Poly Huixin Fund Investment Management was among the new investors for the industrial cybersecurity software provider.
Nuvemshop nets $90m in series D round
Qualcomm Ventures has returned to back the e-commerce platform developer’s series D round after co-leading its previous round late last year.
NovoCodex selects Eli Lilly for series A
Lilly Asia Ventures co-led a $61.4m round for the antibody drug developer that will fund development of breast and gastric cancer drug candidates.
UOL Edtech purchases Passei Direto
Chegg has exited the peer-to-peer educational content platform in an acquisition of undisclosed size by UOL Edtech.
Wangjiadu Foods wins series A funding
Fosun Xingyuan Innovation Fund, reportedly an existing investor, helped the processed food provider secure $15.3m.
To place one’s heart, ie to trust, is at the centre of the financial system
The Latin credere – believe or trust – is the root for credit and hence much of finance.
CasiCloud cashes in with $404m round
The Casic-backed, aerospace-focused industrial cloud software provider secured funding in a round co-led by China Merchants Capital, ICBC Capital and Shenzhen Capital.
Rockley Photonics consents to reverse takeover
The Applied Materials and Hengtong Optic-Electric-backed photonic chipset developer will be valued at $1.2bn once the transaction closes.
Olo reaches $518m IPO goal
The PayPal-backed provider of restaurant order management software, has added $67.5m to the $450m it raised in its initial public offering last week.