Xiamen C&D took part in OriCell Therapeutics’ $120m series B round while Shopify provided $100m in funding for Klaviyo.
M&A
Ride hailing service Uber has sold its remaining 7.8% stake in India-based food delivery platform Zomato for $390m, a source privy to the development told TechCrunch. Uber had taken a 9.99% stake in Zomato in early 2020 as part of the latter’s purchase of its Indian Uber Eats subsidiary, shortly after it had raised money at a $3bn valuation. Uber recently revealed it had booked a $707m unrealised loss from its Zomato stakeholding in the first six…
