SoftBank has returned to lead a $300m series D round for online insurance provider Lemonade, which also welcomed Allianz and GV back as repeat investors.
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.
Bridgepoint follows through on $160m Kyriba investment
Bridgepoint confirmed it has acquired a majority stake in Kyriba, enabling American Express, HSBC, Mitsubishi UFJ Financial Group, Bred Banque Populaire and Mizuho Bank to exit.
AutoX motors on with series A3 round
Dongfeng Motor has led a nine-figure series A3 round for AutoX, adding to at least $43m in capital previously raised from investors including MediaTek and SAIC Motor.
QD Laser beams in $33m
QD Laser has raised $33m in funding from more than 20 investors, including Tokyo Century, Axa, NTT Docomo, MTG, Dai-ichi Life Insurance and Nikon-SBI Innovation Fund.
SoftBank builds Latin American investment team
SoftBank has tapped three executives to help run its $5bn Latin America-focused fund, with Paulo Passoni and Shu Nyatta to work alongside managing partner André Maciel.
Monzo to put $130m on its books
The deal will double the Orange and Stripe-backed digital bank’s valuation to $2.6bn, making it the second most valuable fintech developer in the UK.
BlackBuck builds up D round to $112m
BlackBuck has collected another $36m for a series D round that now stands at $112m, valuing the Flipkart-backed freight services marketplace at more than $900m.
Xingpai increases Ucommune commitment
Beijing Xingpai Group has returned a second time to invest $29.8m in Ucommune through a real estate affiliate, two months after reports the co-working space provider was preparing an IPO.
Dingdang discloses $89m in series B funding
Dingdang Medicine Express has secured further funding from repeat backer SoftBank China Venture Capital, while a healthcare fund backed by Sinopharm also took part in the round.
Mobvoi looks to mobilise $100m in funding
Voice interface technology developer Mobvoi, backed by Alphabet and Volkswagen, is looking to raise $100m at a $1bn valuation before seeking an initial public offering in Shanghai.
MiningLamp lights way to $297m series D
Tencent has returned to lead a $297m series D round for big data technology producer MiningLamp, having co-led its $159m series C a year ago.
Kyriba to score $160m in acquisition deal
Bridgepoint could take a majority stake in Kyriba in a deal that would allow HSBC, Mitsubishi UFJ Financial Group, Bred Banque Populaire, Mizuho Bank and American Express to exit.
Inivata invites Johnson & Johnson to series B round
Johnson & Johnson Innovation – JJDC, IP Group and CIC have returned for a $52.2m series B round for Inivata, a spinout of Cancer Research UK and University of Cambridge.
Casper dreams of IPO
Online mattress retailer Casper Sleep is looking to hire underwriters for an initial public offering that would allow Target to exit two years after leading its $170m series C round.