Vouch, a startup that uses social networks to evaluate a user’s credit, has now raised almost $10m in total after securing cash in an IDG Ventures-backed round.
Author: Pan Yue
GlaxoSmithKline seeds HIV treatment joint venture
Qura Therapeutics will develop HIV treatments in partnership with University of North Carolina at Chapel Hill, a venture in which it is investing $20m.
Amgen and Baxter target Precision
Genome editing technology developer Precision BioSciences has raised $25.6m in funding from backers including Amgen and Baxter’s corporate venturing units.
Peer-to-peer lending platform Wanglibao raises $40m
LED products maker Hongli Opto-Electronic provided the series B funding, which followed the $10m invested by IDG Capital Partners last year.
NTT Docomo backs adtech company SessionM’s series C
The mobile advertising technology company has now raised more than $38m across three rounds, after closing a $12m round backed by NTT Docomo.
Kibo helps box up $1.5m for iContainers
The freight delivery aggregation service provider previously raised just over $200,000 in 2008.
SingTel puts cash on the line for impact incubator
The telecommunications company will provide the majority of the funding for Enabling Change, a Singapore-based incubator for technology to help the disabled.