Rabobank has contributed to Gilde Healthcare’s third private equity fund, which will focus on established and profitable businesses in the Benelux and Dach countries.
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.
Seventure completes first step to $225m fund
Health for Life Capital II has achieved its first close thanks to commitments from strategic partners Danone, Novartis, Lesaffre, Wright Medical, Unicéréales and Bel.
GLP helps ship $104m to Zongteng
Logistics company Global Logistics Properties has co-led a series B round for Zongteng, a cross-border logistics services provider, with Cathay Capital.
Kobalt Music tunes itself to series E stage
Hearst and Alphabet-backed music services group Kobalt is gearing up to raise its largest funding round to date, in a deal potentially sized at more than $100m.
Delhivery carries off $395m in series F round
SoftBank Vision Fund invested $350m in Delhivery at a $1.6bn valuation as part of a $395m round, and it now owns a 23.4% stake in the logistics services provider.
Chime strikes a $200m chord with investors
Northwestern Mutual-backed digital bank Chime is now valued at $1.5bn following a series D round led by DST Global.
YY captures Bigo for $1.45bn
Bigo, a social video livestreaming platform, has been acquired by its existing shareholder YY for more than $1.45bn in a deal that also provided exits for Ping An and Bertelsmann.
58.com gets $713m return from Chehaoduo ride
The corporate has sold part of its stake in online car trading platform Chehaoduo for more than $713m to an unnamed third-party investor likely to be SoftBank Vision Fund.
DataStax looks to attack public markets
DataStax last raised funding in 2014 when Comcast Ventures backed its $106m series E round, and now the database technology developer is aiming for a $1bn valuation in its IPO.
Go-Jek accepts $100m from Astra
Astra International has committed $100m in series F capital to Go-Jek as part of an agreement to integrate the corporate’s fleet management system into Go-Jek’s vehicles.
Corporate venturing deal net: 25 February – 1 March 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Zomato to pick up $62m
Delivery Hero is leading a $62.2m investment in Zomato, an online food listings and ordering platform already backed by Ant Financial.
Ola charges up spinout with $56m
Ola Electric Mobility has spun out of Ola with $56m in funding to focus on the electric vehicle ecosystem.
Contrast Security balances $65m series D
M12 and Axa Venture Partners have put their weight behind Contrast Security’s series D, which brought the cybersecurity company’s total funding to $122m.