YY’s live game streaming spinoff, which also counts Tencent as a major investor, is floating in the US at the top of its range.
Author: Robert Lavine
Robinhood collects $363m
CapitalG became the second Alphabet subsidiary to invest in the online trading platform, which more than quadrupled its valuation to $5.6bn.
Owlet tracks $24m in series B cash
The Amazon-backed baby monitor developer will use the proceeds to support the launch of two new products this year.
Akili accepts $55m in series C round
Amgen Ventures and M Ventures returned to reinvest in Akili Interactive Labs, a developer of game-based treatments for cognitive conditions.
Aslan hashes out $42m from IPO
The AMT, Accuron and Tianda Pharmaceuticals-backed cancer drug developer raised half of its initial target for the offering.
Big Deal: Corporates cash in as Walmart buys $16bn stake in Flipkart
Walmart invested in the e-commerce platform at a $20.8bn valuation, allowing SoftBank, Naspers and eBay to achieve billion-dollar returns.
Intel spreads $72m across 12 companies
Intel Capital has revealed investments in 12 US or China-based portfolio companies and a partnership with the NBA.
Alibaba affiliates cater to Xiyun in $200m round
Koubei and Ant Financial joined asset manager CDH Investments for catering service provider Xiyun International’s series A round.
Shenma Finance motors to $47m series C
The automotive finance provider has raised money from investors including CreditEase and Tongbanjie as it moves into four-wheeler loans.
ReNew Power gears up for possible $1bn IPO
The Tokyo Electric and Chubu Electric-backed renewable energy provider is targeting an initial $386m, though share sales could take the offering to $1bn.
Glassdoor opens to Recruit in $1.2bn deal
CapitalG will exit the recruitment and employment review platform, which has agreed to a $1.2bn acquisition by Recruit.
WeDoctor successfully bills investors for $500m
AIA led the round, which valued online health portal WeDoctor at $5.5bn, as part of a strategic collaboration deal.
Neon banks on Propel to raise $22m
The BBVA-backed Propel Venture Partners was among the investors in what the digital banking startup described as Brazil’s largest ever series A round.
7wire transmits $100m from corporates for latest fund
7wire Ventures’ Connected Consumer Health Fund has secured a collection of healthcare and insurance providers as limited partners.