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Daily deal net: December 4, 2019

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Dec 4, 2019

Gong.io gets investors talking to raise $65m

Cisco Investments returned to reinvest in the sales analysis platform developer in a round that almost doubled its overall funding.

Dec 4, 2019

Procter and Gamble produces India fund

The Indian subsidiary of the consumer goods conglomerate has set up a $27.9m vehicle to invest in sustainable technology developers.

Dec 4, 2019

DIP enlists startups for 11th AI.Accelerator

Half a dozen startups will make up the 11th batch of staffing services firm DIP's 12-week AI.Accelerator initiative.

Dec 4, 2019

Kuaishou to close $3bn series F round

The short-form video platform is raising $3bn in a round set to include $2bn from Tencent, which will boost its stake to nearly 20%.

Dec 3, 2019

FinAccel finishes series C with $90m

The e-commerce credit provider closed a $90m round co-led by the Naver-backed Asia Growth Fund that included Telkomsel Indonesia and Singtel, at a $500m valuation.

Dec 3, 2019

Allin Capital aligns with corporates for third fund

The semiconductor-focused venture firm has recruited SK Hynix, EmbedWay, Huafon and Guangzhou Fengshen Motor for a fund of undisclosed size.

Dec 3, 2019

Hui-Gene hauls in series A funding

Hui-Gene collected $14.2m from investors including WuXi AppTec and the Mayo Clinic-backed Huimei Healthcare Management to progress its gene therapy pipeline toward clinical testing and production.

Dec 3, 2019

CureFit starts training for $100m round

Temasek could reportedly invest in CureFit at a valuation of $800m, three years after UC-RNT Fund supplied $25m to the wellness services provider.

Dec 3, 2019

Ola earmarks 2021 for IPO

SoftBank, Tencent, Didi Chuxing, Hyundai and Kia could be in line for exits as on-demand ride provider Ola starts setting the ground to go public.

Dec 2, 2019
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