Tencent owns almost half of the social media platform developer, which had revealed its intentions to go public earlier this year.
Month: May 2021
Arkose Labs arranges $70m series C round
The fraud prevention software developer has boosted its total funding to $114m having receiving a capital injection from SoftBank, PayPal, Microsoft and Wells Fargo.
Daily Deal Round Up: May 12, 2021
Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.
Better bets on $7.7bn reverse takeover
Existing investor SoftBank is participating in a $1.5bn PIPE financing for the digital mortgage services provider as it looks to merge with Aurora Acquisition Corp.
Dingdong Maicai gets $330m funding delivery
SoftBank Vision Fund has led the digital grocer marketplace’s series D-plus round, which brought its total funding past the $1bn mark.
Vinted wins $303m at $4.2bn valuation
The second-hand fashion marketplace has now raised over $560m in total, with Burda Principal Investments returning for its series F round.
SoftBank supports Beisen in $260m series F
SoftBank has invested in Beisen through what the latter claims is the largest investment deal to date for a China-based human resources software provider.
CloudWalk travels to $190m series B round
Existing investor FIS returned to help payment network operator CloudWalk increase its funding to $206m altogether.
Similarweb catches $176m in initial public offering
Prosus will score an exit today when data analytics platform developer Similarweb floats in the US following $240m in earlier funding.
Huma gets its hands on $130m
Bayer, Hitachi, Samsung, Sony and Unilever participated in a series C round for the healthcare monitoring technology provider valuing it near to $1bn.
Yuanbao collects $156m in series C round
Susquehanna International Group has participated in a round for the insurance comparison platform developer that will support research and development.
ParcelLab organises $112m series C
The Takkt-backed operations management platform developer is eyeing international expansion following a series C round led by Insight Partners.
Eli Lilly counts up Sixty8 Capital contribution
Eli Lilly has helped Sixty8 Capital hold a first close for its $20m fund, which the venture capital firm will use to back startups led by members of typically underrepresented communities.
Daily Deal Round Up: May 11, 2021
Bertelsmann helped crypto financial service provider Babel Finance close a $40m series A round while Blind raised $37m from investors including Cisco.