Opera spinout OPay has secured a funding round from investors including its parent company and Meituan-Dianping.
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.
Niyo Solutions banks $35m
Tencent has contributed to a $35m series B round for Niyo Solutions, the operator of a mobile bank that gives blue collar workers access to financial services.
A lack of vision will come to haunt us all
It seems like only yesterday that Global University Venturing celebrated breaking through 2,000 deals in its database, but at the time of writing we are already at more than 3,200 investments and exits.
Douyu restarts $944m IPO plans
After temporarily halting the IPO in May due to US-China tensions, Douyu has relaunched its efforts with a target of $944m in proceeds and moved its proposed listing from NYSE to Nasdaq.
Bolt latches onto series C
Bolt, the ride hailing platform backed by Daimler and Didi Chuxing formerly known as Taxify, has raised a series C round valuing it at more than $1bn.
Evotec reaches Breakpoint with $35m
Evotec has spun out Breakpoint Therapeutics and equipped the oncology drug developer with $35m in funding also backed by Taiho Pharmaceutical.
Sensibill balances $31.5m series B
National Bank of Canada has taken part in a $31.5m series B round for Sensibill, a mobile banking technology producer already backed by OpenText.
15Five counts $30.7m for series B
Siemens’ Next47 unit has led the series B round, which will enable 15Five to accelerate business growth, bolster sales and marketing efforts and drive technology development.
Rebel Foods orders up series D funding
Go-Jek has provided a $5m extension for Rebel Foods’ series D round, which currently stands at more than $20m but has a target size of up to $100m.
Employment Hero champions $16m series C
Employment Hero has boosted its valuation to $72m following a $16m series C round that featured returning investor Seek.
SIG allocates series C1 resources to eRoad
SIG Asia Investments has led a $29m series C1 round for eRoad Software, which has developed a cloud-based platform for human resources management.
Fumi collects $36.3m investment
Xiaomi-backed fintech developer Fumi Technology has received $36.3m in funding from Gopher Asset.
Grab keeps riding series H wave
Experian has committed an undisclosed sum to Grab’s series H round, which stood at $4.8bn as of last month and already features SoftBank, Toyota, Microsoft and Ping An.
Ola maps out another series J contribution
DIG Investment and Deshe Holdings have contributed to an $11.4m series J tranche that has now grown to approximately $542m.