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Page 328

Corporates drive $18m round for SoCar Malaysia

KH Energy and Eugene Private Equity have provided series A funding for the car sharing service, a spinoff from Korea's SoCar.

Feb 21, 2020

Grab to take $714m from Mitsubishi UFJ

The banking group is providing the funding as part of a collaboration deal that will involve it building a financial services app with Grab.

Feb 20, 2020

Prosus helps deliver $113m to Swiggy

Prosus and Meituan Dianping both participated in the series I round, which valued Swiggy at $3.6bn but remains short of the $1bn the company had originally hoped to raise.

Feb 20, 2020

Driivz dives into $11m series C round

Centrica Innovations has returned to co-lead the EV charging software producer’s $11m series C round with Gilbarco Veeder-Root.

Feb 20, 2020

Udemy passes $50m Benesse exam

Benesse has injected $50m into Udemy at a $2bn valuation, boosting the skills-building platform's overall funding to more than $220m.

Feb 20, 2020

Eureka announces $20m series B

Existing backer SoftBank returned to help the telecommunications data platform developer close a round co-led by four investors.

Feb 20, 2020

Wiliot transmits details of $20m investment

New investors PepsiCo, Maersk, Verizon and NTT Docomo joined existing backers including Avery Dennison, Amazon Web Services, Merck, Qualcomm and Samsung in the round.

Feb 20, 2020

Facebook to befriend Surge portfolio

The social media network operator will offer VC Brand Incubator’s latest training initiative to portfolio companies of Sequoia Capital India’s Surge fund.

Feb 20, 2020

Astra International starts up corporate VC unit

Astra Mitra Ventura will make early-stage investments on behalf of the conglomerate, whose existing portfolio includs Gojek.

Feb 19, 2020

Facebook enrols in Unacademy's $110m series E

The online exam preparation service was reportedly valued at $400m in a $110m round featuring Facebook that lifted its total funding to $199m.

Feb 19, 2020
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