Waymo has boosted its Alphabet, Magna International and AutoNation-backed funding round to $3bn following a $750m extension provided by new investors including Fidelity.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
Qi An Xin files for $634m IPO
Qihoo 360-founded Qi An Xin has filed for an initial public offering on China’s Star Market that will provide exits for Red Star Macalline and China Electronics Corporation.
Dada Nexus to enter IPO stream
The JD.com and Walmart-backed company is expected to raise as much as $500m in proceeds when it lists on the Nasdaq Global Select Market.
Qingdao Victall Railway lays $172m IPO tracks
Hua Insurance is in line for a bigger exit as Qingdao Victall Railway oversubscribes its planned initial public offering to raise as much as $172m in proceeds.
Kriya kicks off $80.5m series A proceedings
Dexcel Pharma formed part of a consortium that has supplied $80.5m in series A financing to Kriya Therapeutics, a gene therapy developer exploiting Stanford University research.
Members Exchange cashes in $65m round
Jane Street Capital, Goldman Sachs, JP Morgan, Wells Fargo, Flow Traders and Williams Trading were all among the investors in a $65m round for Members Exchange.
Sima.ai realises $30m series A
Dell Technologies Capital has led a $30m series A round for machine learning technology developer Sima.ai that will use the money to accelerate production efforts.
Vroom puts IPO plans in motion
Vroom, the AutoNation-backed used car marketplace that completed a $254m series H round last December, has confidentially filed for an initial public offering scheduled for next month.
Kopi Kenangan brews $109m series B
Kunlun has contributed to a $109m series B round for Kopi Kenangan that will allow the Indonesian coffeehouse chain to launch new products as well as expand nationally and overseas.
Kingsoft Cloud reigns over $510m IPO
Kingsoft’s cloud services subsidiary priced shares at the middle of the range but upsized the offering to raise $510m, with shares soaring 27% on the first day of trading.
SIP sides with Alphabet for $400m series A
Alphabet has contributed to a $400m for Sidewalk Infrastructure Partners, a spinoff from the conglomerate’s smart cities technology subsidiary Sidewalk Labs.
Lime jumps on $170m deal
Uber has led a $170m investment in Lime that also included GV and closed alongside Lime’s acquisition of Uber’s micromobility subsidiary Jump.
Market Kurly puts $160m in series E basket
SK Networks has contributed to a $160m series E round for Market Kurly, an online grocery platform that will use the money to open a larger fulfilment centre in Seoul.
Linear Capital scores $110m fund
The firm, whose previous backers have included Alibaba, Baidu and Tencent, has received an initial $110m for its fourth venture fund from a host of corporates.