Commonwealth Bank of Australia is among the investors in a $460m round that valued Klarna at $5.5bn post-money, following a hitherto undisclosed $100m of funding in April.
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.
HPE outlines acquisition of MapR assets
Hewlett Packard Enterprise reportedly paid less than $50m for the assets of Qualcomm Ventures and CapitalG-backed MapR, which had once been valued at more than $1bn.
Cybereason figures out $200m SoftBank investment
Various SoftBank entities have put a total of $200m into Cybereason, doubling the cybersecurity technology provider’s total equity funding to about $400m.
Didi takes driverless car technology unit for a spin
Didi Chuxing has set up its autonomous car unit as a new business that remains unnamed for now, with the aim of attracting external investment.
Rakuten Medical extends series C treatment by $100m
Cancer treatment developer Rakuten Medical has received $100m in series C1 capital from affiliate Rakuten, which now holds a 22.6% stake.
Rapt retreats from IPO
Alphabet and Celgene are among the investors facing a delayed exit from Rapt Therapeutics, which has postponed an initial public offering that would have raised up to $80m.
SmartNews scoops up $28m
Japan Post Capital led a series E round that increased the valuation of the news aggregation app developer to $1.1bn, and its total funding to $116m.
Babylon falls for corporates in $550m series C
Munich Re and, reportedly, Centene, have committed series C capital to Babylon Health, the developer of an artificial intelligence chatbot that diagnoses health issues.
Wish pleases investors with $11bn valuation
General Atlantic has led a series H round reportedly sized at $300m that boosted the post-money valuation of Legend Capital-backed Wish up to $11.2bn.
Claltech turns Lightricks to $135m series C
Access Industries’ ClalTech subsidiary has backed a $135m round for Lightricks, pushing the photo and video editing app developer’s valuation to $1bn.
Rebel Foods strikes $125m series D deal
Rebel Foods has grown its valuation to $525m after raising $125m in a series D round that featured a previously disclosed commitment from Go-Jek.
DataRobot handles $200m in series E round
Machine learning software platform DataRobot raised an initial $200m for a round led by Sapphire Ventures, though it is unclear whether existing backers Intel, Recruit or New York Life invested.
Zhongneng United brings together investors for $167m
Huayun Financial Leasing has taken part in a $145m funding round for Zhongneng United, while Five Star supplied $21.8m in series B-plus capital.
MyBank to fill its vault with $871m
Existing shareholders Ant Financial and Fosun are reportedly looking to participate in a round that would allow MyBank to increase its lending capabilities.