Flexible display manufacturer Royole is seeking $1bn in funding as it prepares for an initial public offering that could provide an exit to Yuexiu Group.
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.
Hotstar shines with $153m
Star India and Star US have injected $153m into Hotstar, a video streaming subsidiary of the former that is set to debut its first slate of original programming this month.
Oxford PV captures $41m for series D
Goldwind, Legal & General and Equinor have all taken part in the $41m first close of the solar power technology provider’s series D round, taking its total equity and debt financing to more than $118m.
Newsela reports $50m series C investment
Online learning platform Newsela has received $50m in series C funding from TCV, six years after graduating from Kaplan’s accelerator and securing funding from the corporate.
Percolate locates $32m
WPP-backed marketing organisation software provider Percolate has taken in $32m in a round featuring GGV Capital, Sequoia Capital, Lightspeed Venture Partners and Capital IP.
SIG joins Workfront shareholders in $280m secondary deal
Susquehanna International Group was among the participants in a $280m secondary purchase of shares in enterprise management software producer Workfront.
Drivezy speeds closer to $100m
Four months after completing its $20m series B round, the Yamaha, SMC and Crowdworks-backed car rental platform is seeking $100m in fresh funding at a $400m valuation.
Verano to reap $850m in Harvest acquisition
Scythian Biosciences-backed cannabis facilities operator Verano has agreed to an $850m acquisition by Harvest Health and Recreation in an all-stock transaction.
Vice sizes up $200m in potential financing
Media group Vice, backed by 21st Century Fox, A&E Networks, Walt Disney and WPP, is seeking $200m in a mix of equity and debt financing a week after laying off a tenth of its staff.
Holding hands with the entrepreneurs of tomorrow
GUV editor Thierry Heles reports from Autm’s annual meeting in Austin, Texas
Cloudflare fires up $150m series E round
CDN technology provider Cloudflare has now raised more than $330m altogether, from investors including CapitalG, Baidu, Microsoft and Qualcomm Ventures.
Pagantis pages investors for $75m
Credit Suisse-backed SPF Investment Management has contributed to a $75m series B round for Pagantis, the online lender previously known as Digital Origin.
Adden adds Figure Eight in $300m acquisition
Figure Eight, previously known as CrowdFlower, is set to be acquired by Appen for a total of up to $300m, providing exits to corporates Salesforce and Microsoft.
Shockwave makes stock market impact
Abiomed-backed Shockwave Medical has raised approximately $97m in an oversubscribed initial public offering, before its shares climbed more than 85% by the end of Friday.