Flipkart-backed logistics marketplace BlackBuck is approaching unicorn status after completing a $150m series D round co-led by Goldman Sachs and Accel.
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.
VideoAmp turns up funding volume with $70m
Raine Group has led a $70m series C round for VideoAmp, nearly two years after the adtech developer last raised capital, from backers including RTL and Mediaocean.
Cheddar proves big cheese in $200m acquisition
Digital media company Cheddar has agreed to a purchase by investor Altice USA that will also provide exits for Antenna Group, Dentsu, Liberty Global, Comcast, Amazon, AT&T, NYSE and Broadway Video.
Drake helps hand Glovo $168m
On-demand courier platform Glovo has collected $168m from investors including Papa John’s franchisee Drake to bring its total funding to more than $344m.
Axiata Digital offloads $140m corporate venturing portfolio
Axiata Digital will divest a 30 company-strong corporate venturing portfolio valued at $140m to Pegasus 7 Ventures, an investment firm run by one of its ex-executives.
Bicycle Therapeutics to go for a spin on Nasdaq
Astellas, Novartis and GlaxoSmithKline are in line for exits as oncology drug developer Bicycle Therapeutics prepares to float, having filed to raise $86m in its IPO.
Magic Leap ascends with $280m partnership
NTT Docomo has invested $280m in Magic Leap through a strategic partnership, bringing the AR technology developer’s total funding to more than $2.6bn.
Ayala angles for startups with $150m
The conglomerate’s $150m investment fund will seek out startups developing disruptive technologies relevant to its subsidiaries, which will provide the capital for the Kickstart Ventures-managed fund.
Carbon arcs to $300m series E round
3D printing technology producer Carbon, which counts more than half a dozen corporates as investors, has filed to raise $300m in equity financing.
Coursera signs up for $103m series E module
Seek Group led a series E round that valued Coursera at more than $1bn, boosting the online education provider’s total funding to more than $313m.
Loon reaches new altitude with $125m
Loon, the Alphabet subsidiary developing high-altitude internet connectivity systems, has raised $125m from SoftBank-backed joint venture HapsMobile.
Selina selects investors for $100m series C
Access Industries has led a $100m round for Selina, which also attracted Grupo Wiese, and which the co-working space and accommodation provider closed at an $850m valuation.
Allianz generates $170m AV8 fund
Allianz has provided all the capital for AV8 Ventures’ first fund, the VC firm being led by former executives at IBM Ventures and Qualcomm Ventures.
Tencent helps Tangdou untangle series C funding
Dance organisation platform Tangdou has reportedly raised a total of nearly $100m to date, which would put its Tencent-backed series C round at roughly $75m.