The property developer paid $58m for a 35% stake in Standard International and co-led Hostmaker’s $15m series B round as part of six deals.
Author: Robert Lavine
Partners HealthCare puts $171m into corporate venturing
The healthcare provider’s hospitals have committed $105m to its Partners Innovation Fund, and it has raised $66.1m from external backers for another fund.
Bytedance moves for Musical.ly in $800m acquisition
Cheetah Mobile and Legend Capital are among the investors exiting music-based social media app Musical.ly in a purchase by Bytedance.
Credit Saison goes ShopBack in $25m round
E-commerce platform Shopback has received $25m in a round led by the payment services provider that included Intouch, SoftBank and SingTel.
Sogou sucks up $585m in US offering
The Tencent and Sohu-backed search engine operator will go public in the US today, floating at the top of its range.
Tencent drives Nio to $1bn round
Autonomous electric car developer Nio has raised more than $1bn in a Tencent-led round that valued it at about $5bn.
Aquantia acquires NYSE listing
The fabless semiconductor producer, which counts GlobalFoundries, Cisco, Intel, LSI and Xilinx as investors, has gone public in a $61.4m initial public offering.
InflaRx infiltrates public markets in $100m offering
The Germany-based, Ammann and Staidson-backed inflammatory disease therapy developer has floated in an initial public offering in the US.
WeLab welcomes Alibaba in $220m round
China-based online lending marketplace WeLab raised $220m in debt and equity financing today in a series B+ round that included e-commerce firm Alibaba’s Hong Kong Entrepreneurs Fund. Financial services firms Credit Suisse and China Construction Bank (CCB) also participated in the round, along with International Finance Corporation, the private investment arm of the World Bank.… Continue reading WeLab welcomes Alibaba in $220m round
VeloCloud to float over to VMWare
VMWare has agreed to acquire portfolio company VeloCloud Networks, in a deal that will give exits to Telstra Ventures and Cisco Investments.
Razer cleaves $528m from IPO
The Intel Capital-backed gaming equipment and accessories provider will float near the top of its range in Hong Kong.
Meituan-Dianping eyes 2018 IPO
Tencent, Priceline, Xiaomi, Fosun and Wanda are all in line for exits, as reports indicate the local services platform will seek $3bn in a US flotation.
Markforged manufactures $30m series C round
The industrial 3D printing platform developer has closed a round led by Siemens’ Next47 fund that included Porsche and Microsoft Ventures.
Spero hits public markets with $77m IPO
The bacterial infections drug developer, backed by Alphabet, Partners Healthcare, GlaxoSmithKline, Merck & Co and Lundbeck, has gone public.