Peloton has confidentially filed for an initial public offering in the US that would follow $995m of equity funding and provide exits for Comcast and Grace Beauty.
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.
Creditas bonds with SoftBank to raise $200m
Online lender Creditas has raised $200m from SoftBank at a reported $700m post-money valuation, adding to about $84m previously procured from backers including Naspers.
SentinelOne admits $120m in series D round
Samsung is among the investors in SentinelOne’s series D round, which will go towards the development of a tool that automatically installs security updates on endpoint devices.
Karuna clears path to $75m IPO
Having confidentially filed in late April, Karuna Therapeutics has publicly applied for an initial public offering that would raise $75m and provide exits to Nan Fung and PureTech Health.
Fnality International settles series A funding
Tokenised financial transfer service Fnality International, which was formed by the financial services firms behind the Utility Settlement Coin project, secured $63.2m.
Sinochem drives $362m investment in Bordrin
Bordrin Motor has collected $362m in funding from a group of investors led by Sinochem International, while Sumitomo and Positec also participated.
Wiseco sees to $94m series A round
Santai Holding and iPinYou-backed fintech developer Wiseco Technology has secured $94m in a series A round co-led by Huading Capital and Sino-Ocean Group.
Aihuishou to process $500m JD.com-led round
JD.com has agreed to lead a $500m round for Aihuishou and will merge its own second-hand e-commerce platform Paipai with the electronics recycler.
Knowbox stores $150m in series D funding
Alibaba has injected $150m into personalised education platform Knowbox, whose backers already include TAL Education, Bertelsmann, Baidu and Legend Star.
Morphic moves toward public markets
Novo, GlaxoSmithKline, Pfizer, AbbVie, ShangPharma and Schrödinger are all in line for exits following the small-molecule drug developer’s decision to file for an $86.3m initial public offering.
Tempus pumps in $200m
Tempus has now raised a total of $520m, after adding $200m to its coffers in a Novo-backed series F round, secured at a $3.1bn valuation.
VMate befriends Alibaba to raise $100m
Alibaba has ploughed more than $100m into short-form video streaming platform VMate, which is owned by the corporate’s UCWeb subsidiary.
EV Growth expands first fund to $200m
SoftBank has thrown its weight behind Yahoo Japan and Sinar Mas-backed EV Growth’s inaugural fund, helping it achieve an oversubscribed close of $200m.
Corporates to help feed $100m to Israeli startups
Tnuva Food Industries and Tempo Beverages are among the partners that will invest up to $100m in foodtech and agtech developers in Israel.