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Page 209

IQiyi Intelligent gets series B influx

The VR and AR technology developer, which was spun off by iQiyi, has closed an eight-figure series B round co-led by Yitang Changhou Fund and Fresh Capital.

Jan 7, 2021

GoBear to shut down despite recent funding

The Aegon-backed loan and insurance comparison platform will shut down after raising $97m in the past two years.

Jan 6, 2021

Udaan ups series D round to $865m

Tencent was among the investors that added $280m to the business e-commerce marketplace's series D round, valuing it at $3.1bn.

Jan 6, 2021

Boan Biotech banks $106m

The antibody drug developer, majority owned by Luye Pharma, pushed its valuation past $850m in a round backed by Bank of China’s BOCG vehicle.

Jan 6, 2021

Bibit bolstered by EV Growth-backed round

EV Growth took part in a $30m round for the robo-adviser developer, which had been acquired by Stockbit in early 2019.

Jan 6, 2021

Barbeque Nation serves equity stake to Jubilant

Jubilant Foodworks is providing $12.9m for the barbeque restaurant operator at a valuation of about $115m.

Jan 6, 2021

Metcela tees up $12.7m

Utec has made its largest initial commitment to date by backing Keio-founded Metcela, a developer of cell therapies for heart disease.

Jan 5, 2021

Tencent sparks $279m Enflame series C round

Tencent made its fourth investment in data centre technology provider Enflame Technologies, which has now raised more than $470m altogether.

Jan 5, 2021

Metcela settles series B round

The heart disease therapy developer completed a $12.7m round that included Alfresa, Dai-ichi Life, Sony Innovation Fund and Japan Lifeline.

Jan 5, 2021

Kirin pours out $30m for Bira 91

Kirin has become the first known corporate investor to take a small stake in the beer brand, in a deal valuing it a bit below $300m.

Jan 5, 2021
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