Hakim Unique is the largest external shareholder for the Chinese vehicle-backed loan provider, which is set to float in the US.
Author: Robert Lavine
Ximalaya tunes into $580m
Tencent invested in the audio streaming platform as part of a round that valued it at about $3.5bn post-money.
DefinedCrowd absorbs series A investors
The AI testing data platform secured $11.8m in an Evolution Equity Partners-led round that included Mastercard, EDP, Sony and Amazon Alexa Fund.
Corporate venturing deal net: 6-10 August 2018
E-commerce firm JD.com provided an undisclosed amount of series C++ funding for China-based cloud computing software developer EasyStack on Wednesday, three months after EasyStack raised approximately $47m in series C-plus funding from unnamed investment fund. That round in turn followed $68m from investors including Cash Capital, RuShan Capita, YingDong investment and BlueRun Ventures across three… Continue reading Corporate venturing deal net: 6-10 August 2018
Shadowfax gets $22m series C delivery
NGP Capital led a series C round for the on-demand delivery services provider that included Qualcomm Ventures, taking its total funding to about $41m.
Akili accepts extra funding for $68m round
The digital therapy developer added $13m from backers including Digital Garage to a series C round already featuring Amgen and Merck Group.
Zhihu confirms $270m series E round
The Tencent-backed online Q+A platform was originally reported to have raised $300m in the round last month.
SoftBank goes to WeWork with another $1bn
The co-working space provider has secured $1bn in convertible note financing from long-term investor SoftBank despite heavy 2018 losses.
BlueVine bolsters series E to $72m
Corporate venturing units M12 and Nationwide Ventures added $12m to small business finance provider BlueVine’s series E round.
Barclays comes back to Cloud9 in $19m round
Barclays led the voice-based trader communication platform’s series B round, investing with fellow long-term backers NEX and JP Morgan.
Skyline AI homes in on $18m
The real estate value assessment startup raised the capital in a JLL Spark-backed series A round just four months after closing seed funding.
Splice to spit out $1m through media fund
Digital media company and journalism organisation Civil plan to help launch 100 Asia-based media startups in the next three years.
SBI and OSK okay $20m fund
Financial services provider SBI has partnered private equity firm OSK Ventures on a Southeast Asia-focused fund with an initial $20m commitment.
RiskRecon locates $25m in series B round
Dell Technologies Capital has reinvested in the third-party cyber risk assessment platform having led its series A round last year.