The property sales marketplace has received $8.3m in a round backed by Commerzbank’s venture capital unit.
Author: Robert Lavine
Forsee plugs into Mitsui
Mitsui has joined Idinvest Partners and European Investment Bank for a $65.4m round for smart battery system producer Forsee Power.
Shell charges up SolarNow in $9m round
The off-grid solar power and appliance provider secured funding in a series B round backed by Shell and existing investor Novastar Ventures.
Hellobike hikes series D funding past $500m
The bicycle rental service has raised $153m from investors including Fosun, adding to the $350m WM Motor-backed tranche it closed three weeks ago.
Ecoppia cleans up in $13m round
Insurance group Harel was among the investors in a round for Ecoppia, which has created an automated cleaning system for solar panels.
Corporate venturing deal net: 18-22 December 2017
Pharmaceutical firm Eli Lilly agreed on Tuesday to provide $5m of equity and research funding to Entrega, a US-based affiliate of biopharmaceutical company PureTech Health, as part of a research collaboration agreement. Entrega is developing an oral peptide delivery technology that will replace injections as a method of administering drugs. Japan-based online advertising optimisation technology… Continue reading Corporate venturing deal net: 18-22 December 2017
2017 Roundup: Salesforce
The customer relationship management software producer launched four specialist funds with $250m of capital and scored big on the IPO exit front.
Didi Chuxing draws near to 99 purchase
The on-demand ride service is reportedly in talks to buy a majority stake in Brazilian counterpart 99, a year after leading a $100m round for the company.
LexinFintech legs it to public markets in $108m IPO
LexinFintech, the instalment buying platform operator backed by Bertelsmann, JD.com and Taikang, had initially targeted $500m in the offering.
2017 Roundup: Tencent
Tencent added huge private equity deals to investments in the likes of Meituan-Dianping, Go-Jek and Flipkart before a run of huge IPOs late in the year.
Carbon carves out $143m
The 3D printing technology producer has reached the first close of a $200m series D round featuring JSR, Adidas and GE Ventures.
SoftBank helps Didi Chuxing pick up $4bn
The ride hailing platform is reportedly now valued at $56bn, after completing a round featuring SoftBank and Mubadala Investment Company.
2017 Roundup: Alphabet
The Google owner committed big money to Lyft and Airbnb as GV increased its late-stage deals, formed an AI fund called Gradient and exited from Snap and Cloudera in IPOs.
SoftBank makes Lemonade in $120m series C
Digital insurance platform Lemonade has raised $120m at a $500m+ valuation, in a SoftBank-led round that included GV, Allianz and XL Innovate.