Bertelsmann Asia Investment was among the investors that contributed to the cross-border e-commerce platform’s series C round.
Author: Robert Lavine
Kakao Mobility picks up new funds
Kakao’s ride hailing spinoff, which is also backed by Orix, has raised almost $47m from Hong Kong Monetary Authority and two US pension funds.
IAC parks $23m in Honcker
On-demand vehicle leasing startup Honcker has raised $23m in series A funding from IAC that will support hiring and geographic expansion.
Alibaba aligns itself with $9.5bn Ele.me purchase
The prospective deal would involve Alibaba buying out the food delivery platform’s other backers, including Baidu, Tencent and JD.com, at a $9.5bn valuation.
Splitting Fares heads to Bosch acquisition
Robert Bosch has paid an undisclosed amount for the carpooling platform, giving InMotion Ventures its first exit.
Qualcomm docks at Dover for $6m seed round
Research and development firm Draper has spun off cyebrsecurity startup Dover Microsystems with $6m from backers including Qualcomm Ventures.
ZCool pulls in $15m from Shutterstock
The creative content platform, which has been Shutterstock’s Chinese distributor since 2014, also counts Dell and Hearst as investors.
Vision Esports wins $38m
Vision Venture Partners’ eSports-focused fund has raised $38m from LPs including Evolution Media, the New York Yankees and St Louis Cardinals.
HIS kicks in for KKday series B
The travel services provider has led $10.5m round for curated tourism experience portal KKDay, taking its total funding to $22m.
Danke Apartment banks $100m
Bertelsmann Asia Investments took part in a series B round that will be used to expand the apartment manager’s services and develop its big data technology.
Dropbox puts down $500m IPO filing
Salesforce is set to exit the file storage and sharing platform, which has filed to go public after raising more than $1.7bn in debt and equity financing.
Gogolev goes to Severstal
George Gogolev, director of corporate innovation and technology transfer for Russian Venture Company, has joined Severstal as head of disruptive innovation.
Corporate venturing deal net: 19-23 February 2018
US-based personality profiling software developer Crystal has raised $5m in series B funding from investors including enterprise software providers HubSpot and Salesforce, the latter through its Salesforce Ventures unit. The round also featured venture capital firms Birchmere Ventures and Falmouth Ventures, and Crystal will use the cash to introduce more content, tools and partnerships to… Continue reading Corporate venturing deal net: 19-23 February 2018
Alibaba approaches Dailyhunt for investment
Alibaba is reportedly considering the purchase of a 10% to 12% stake in the news aggregation and publishing app at a $500m valuation.