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Page 194

PsiQuantum swings $230m

University of Bristol-founded PsiQuantum has reportedly scooped funding from backers including an Andy Rubin fund as it looks to develop silicon-powered quantum computers.

Nov 19, 2019

EquipmentShare explores SoftBank for $150m round

Construction equipment rental service and software provider EquipmentShare is in discussions for a SoftBank-led round at a possible $1.5bn valuation.

Nov 19, 2019

LvYue delves into nine-figure fundraising

The Trip.com spinoff has raised a nine-figure amount from investors including Tencent and Baidu Capital as it looks to grow its hotel and technology business.

Nov 19, 2019

OPay ropes in corporates to raise $120m

The Opera spinoff received the cash in a round featuring Meituan Dianping, SoftBank Ventures Asia and Bertelsmann Asia Investments.

Nov 18, 2019

1Password locks in $200m series A

Slack Fund has contributed to a $200m series A round for 1Password, the password manager’s first funding round since it was founded in 2005.

Nov 15, 2019

Convoy carries $400m series D

CapitalG returned for the $400m series D that brought Convoy’s total funding to $668m, after the Alphabet subsidiary had previously led a $185m series C round.

Nov 14, 2019

Guild Education studies $157m series D

Salesforce Ventures and Workday Ventures have both provided follow-on funding for edtech developer Guild Education, which has now raised more than $228m.

Nov 14, 2019

Freshworks implements $150m series H

Customer engagement software developer Freshworks has pushed its valuation to $3.5bn following a $150m series H round co-led by long-time investor CapitalG.

Nov 14, 2019

Avidity devotes itself to $100m series C

Alexandria Venture Investments, Brace Pharma Capital and Takeda Ventures have contributed to the round, which included a $15m commitment from Eli Lilly made earlier this year.

Nov 14, 2019

Xiaopeng accelerates with $400m series C

Xiaomi has made a strategic investment in the electric vehicle manufacturer’s $400m series C round alongside several unnamed new and existing backers.

Nov 13, 2019
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