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Page 402

Tongdun locks in AVIC for additional funding

Aviation Industry Corporation of China and GF Securities took part in the anti-theft and fraud software developer's latest round, which was in the eight figures.

Jul 4, 2019

Sony syncs with Daiwa for $185m fund

The consumer electronic producer has partnered Daiwa Capital Holdings and the two are looking to raise up to $185m for Innovation Growth Fund, which has already reached its first close.

Jul 3, 2019

MX Player looks to record $100m investment

Tencent and Paytm are considering a $100m investment in MX Player, a video streaming service majority owned by Times Internet.

Jul 3, 2019

ReNew Power investors return with $300m

Jera-backed solar and wind power developer ReNew Power has secured three $100m commitments by existing investors Goldman Sachs, ADIA and Canada Pension Plan Investment Board.

Jul 3, 2019

TDK takes a stab at corporate venturing

The electronics manufacturer has equipped a corporate venturing subsidiary with an initial $50m to fund early-stage companies developing power and energy technologies.

Jul 3, 2019

Daily deal net: July 2, 2019

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

Jul 2, 2019

Ola Electric plugs into $250m

SoftBank has provided $250m of series B funding for EV infrastructure developer Ola Electric Mobility, reportedly pushing its valuation to $1bn.

Jul 2, 2019

Singapore Life summons up $90m from Sumitomo

Sumitomo Life Insurance acquired a stake sized at about 25%, in a deal that increased the online life insurance providers' total funding to $153m.

Jul 2, 2019

Miaoshou Doctor makes it to billion-dollar valuation

The Tencent-backed online medicine distributor has reportedly increased its valuation to more than $1bn in a series C3 round of undisclosed size.

Jul 2, 2019

Hakuhodo DY hatches CVC initiatives

The Japan-based advertising firm plans to spend about $92m on corporate venturing through 2023, having launched a unit dubbed Hakuhodo DY Ventures.

Jul 2, 2019
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