The Renren-backed financial services provider, which gives 10% of its fees to charitable schemes, has now raised $67m altogether.
Author: Robert Lavine
Harry’s shaves off more funding
The Grace Beauty-backed online razor retailer has secured $63.7m according to a security filing, with the round reportedly set to stay open.
Kingsoft Cloud keeps going with $300m
Parent company Kingsoft invested $150m to retain a majority stake in its cloud services spinout, which has now raised about $500m in total.
Samsung guides Perceptin to $11m
Samsung Ventures has invested $1m in robotics vision technology developer Perceptin, which has revealed $11m in total funding.
Supermonkey swings to series C round
Fosun RZ Capital has participated in a nine-figure renminbi round for gym operator Supermonkey, having been an investor since its series A round.
Nextdoor moves in $75m
The locally-focused social media platform, which counts GV and Comcast Ventures as backers, has secured funding from unnamed investors.
BigBasket to pack up $280m
Alibaba is reportedly set to invest $200m in the online grocery retailer at an $800m valuation as part of a $280m funding round.
OneWeb to attract another $500m from SoftBank
SoftBank initially invested $1bn in satetllite internet service provider OneWeb as part of a $1.2bn round late last year.
Metacrine meets Alexandria in $22m series B
Alexandria Venture Investments has participated in an NEA-led round that took the total raised by the metabolic disease drug startup to $60m.
Beyond Meat consumes $55m
Tyson Foods has reinvested in the vegetarian burger producer as part of a round led by venture capital firm Cleveland Avenue.
Apple magics up $400m Shazam acquisition
Electronics producer Apple confirmed today it has acquired Shazam, a UK-based music identification app developer backed by a range of corporate investors. Although neither company disclosed how much Apple paid, an undisclosed source told TechCrunch on Friday the price would be about $400m, and it was confirmed to Recode by three people familiar with the… Continue reading Apple magics up $400m Shazam acquisition
Corporate venturing deal net: 4-8 December 2017
TactoTek, a Finland-based 3D molded part producer backed by automotive components producer Faurecia, has received $6m of funding from VC and advisory firm Ascend Capital, Nordic9 has reported. The company had previously raised more than $20m from Faurecia unit Faurecia Ventures, university-affiliated firms VTT Ventures and Leaguer Group, Conor Venture Partners, Tekes and various angel… Continue reading Corporate venturing deal net: 4-8 December 2017
51HiTech shows corporates to series B round
The startup, a developer of AR and VR technology for the real estate industry, has raised $31.7m in a round co-led by SenseTime and Modern Land.
Naspers helps move $82m to Movile
The Latin American mobile services platform has now raised more than $250m altogether, and will invest part of the funds in food delivery platform iFood.