The messaging platform has selected the first nine participants in its accelerator, with each set to receive $150,000 in equity funding.
Author: Robert Lavine
Beekeeper collects $13m
Swiss Post, Samsung and Edenred helped workplace communication platform Beekeper add more series A funding to the $8m it raised last year.
System1 processes $25m
The psychiatric and neurological disease drug developer has secured $25m in a series B round co-led by Pfizer Ventures.
Q4 quickens pace to raise $38m
OpenText Enterprise Apps Fund returned to back investor relations software provider Q4, two years after co-leading its series B round.
StockX consumes $44m in series B round
The consumer goods trading platform has closed a round co-led by GV that will fund the expansion of its trading options and authentication centres.
Principia goes public in $106m IPO
The GSK-backed small molecule drug developer floated at the top of its range to raise just over $106m.
Anaplan approaches public markets with $100m IPO filing
The connected planning software provider has raised a total of $300m from investors including Salesforce and Workday and was valued at $1.4bn in 2017.
Tuhu tunes into $450m series E
Tencent came on board as a Tuhu investor and strategic partner in a series E round that followed a Baidu-backed round two years ago.
Packet opens up to let in $25m
Samsung Next, JA Mitsui Leasing and existing investors SoftBank and Dell Technologies Capital all chipped in to Packet’s series B round.
State Farm plants $100m in investment fund
State Farm has become the latest insurance firm to get involved in corporate venturing, launching a vehicle called State Farm Ventures.
WeWork gets a new Teem in $100m deal
GE Ventures and NGP Capital have exited workplace software provider Teem in a $100m acquisition by WeWork.
Lithia makes Shift in $140m series D
Automotive sales services provider Shift Technologies raised debt and equity financing in a round led by Lithia Motors and backed by BMW i Ventures.
NetGear draws up Meural acquisition
Electronic art frame producer Meural has been acquired by NetGear less than a year after the corporate took part in its series A round.
CrossLend accesses SolarisBank and ABN Amro
The banks, both now strategic partners of debt marketplace CrossLend, have also invested in a $16.2m round for the company.