A purchase of Careem, which is currently being touted at between $2bn and $2.5bn, would allow Didi Chuxing, Rakuten, Daimler, Saudi Telecom and Al Tayyar to exit.
Category: Uncategorised
Unmortgage homes in on seed capital
The MMI-backed Anthemis Exponential Ventures was among the investors in a $14.3m seed round as Unmortgage prepares for a 2019 launch.
Snap colours in Yellow accelerator
The messaging platform has selected the first nine participants in its accelerator, with each set to receive $150,000 in equity funding.
Barclays picks 10 more for accelerator
Barclays has selected the 10 participants that will take place in the 2018 cohort of its New York accelerator.
Beekeeper collects $13m
Swiss Post, Samsung and Edenred helped workplace communication platform Beekeper add more series A funding to the $8m it raised last year.
Treitz tries on AWS role
Amazon Web Services has hired Ewa Treitz from fund manager Black Pearls as a business development manager to work with startups.
System1 processes $25m
The psychiatric and neurological disease drug developer has secured $25m in a series B round co-led by Pfizer Ventures.
Q4 quickens pace to raise $38m
OpenText Enterprise Apps Fund returned to back investor relations software provider Q4, two years after co-leading its series B round.
StockX consumes $44m in series B round
The consumer goods trading platform has closed a round co-led by GV that will fund the expansion of its trading options and authentication centres.
Samsung helps upload $60m to Datrium
Samsung Catalyst Fund has led a $60m series D round for Datrium, a cloud computing technology developer that has now attracted $170m in funding to date.
Principia goes public in $106m IPO
The GSK-backed small molecule drug developer floated at the top of its range to raise just over $106m.
Anaplan approaches public markets with $100m IPO filing
The connected planning software provider has raised a total of $300m from investors including Salesforce and Workday and was valued at $1.4bn in 2017.
Tuhu tunes into $450m series E
Tencent came on board as a Tuhu investor and strategic partner in a series E round that followed a Baidu-backed round two years ago.
Orange pays attention as Yoco raises $16m
Payment technology provider Yoco has secured funding in a series B round led by Partech Ventures with backing from Orange Digital Ventures.