Red Star Macalline Group has co-led a $60m series A round for artificial intelligence company Aibee that also attracted Lenovo Capital and Incubator 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.
Voyager Innovations completes $215m journey
PLDT and Tencent-backed Voyager Innovations has secured an additional $40m in funding from International Finance Corporation to bring its total to $215m.
Getty Images gets $500m from Koch Industries
Koch Equity Development will invest $500m in Getty Images following the professional photography platform’s recently gained independence from Carlyle Group.
Shanghai Cell Therapy diagnoses $39m series C1
Legend Capital has put its weight behind Shanghai Cell Therapy’s $39.6m series C1 round, two years after leading a $26.6m series B.
Topica Edtech studies $50m series D
CyberAgent-backed edtech company Topica has secured $50m in a series D round led by Northstar Group.
Michelin rolls out CVC fund
Michelin Ventures is in the process of closing its fourth investment and hopes to invest between $28.5m and $34m per year.
GLP helps deliver $216m to Juma Peisong
Juma Peisong has collected $216m in series C funding from investors including Global Logistic Properties to accelerate its expansion activities.
SK helps tell $266m fund tale
SK China has put $266m into a new fund launched by Legend Capital that will focus on early-stage companies in the IT and healthcare sectors.
Tuanche settles on $20m IPO
The Bertelsmann automotive e-commerce platform has priced its shares at the lower end of its range to raise $20m instead of its targeted $150m.
Babytree nurses $217m IPO
Alibaba-backed Babytree priced its shares at the foot of its range and will raise $217m at a valuation of $1.5bn, down from $2.2bn earlier this year.
Agora soars to $70m series C
Five months after it was revealed to have backed a second close of Agora’s $50m series B round, SIG has returned to contribute to its $70m series C.
Tongcheng-eLong books $180m flotation
The travel booking platform, backed by Ctrip, Dalian Wanda and Tencent, has priced shares at the bottom of its range and raised $180m in its initial public offering.
Leo puts $70m into PellePharm
PellePharm has signed a $760m agreement with Leo Pharma to create therapies for skin cancers, with Leo investing $70m in a first tranche and securing an option to wholly acquire PellePharm.
PlanGrid reveals $875m acquisition blueprint
Autodesk has agreed to acquire the construction management software provider for $875m, providing an exit to investors including Box and Alphabet.