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Page 419

Red Sea Farms fishes out $1.9m

Kaust-founded crop growing technology developer Red Sea Farms secured the capital from Kaust's Innovation Fund and the latter's strategic co-investment partner Research Products Development Company.

May 16, 2019

Xinning Logistics packs up JD.com funding

JD.com subsidiary JD Logistics has formed a strategic partnership with the logistics services platform in connection with a $54.7m investment.

May 16, 2019

Aleph Farms reaps $12m

Cargill Protein, Strauss Group and M-Industry all contributed to a series A round for cell-based meat developer Aleph, based on research at Technion– Israel Institute of Technology.

May 16, 2019

Booking Booster Program picks 10 finalists

Booking.com’s annual accelerator has chosen 10 finalists to join its third edition and they will receive monetary grants sized between $110,000 and $450,000.

May 15, 2019

Ubisoft Entrepreneurs Lab swings to Singapore

Game producer Ubisoft has started accepting applications from entertainment services and blockchain-focused startups for its fourth accelerator scheme in France and a new location in Singapore.

May 15, 2019

Qoala climbs to seed funding

MassMutual Ventures SEA, MDI Ventures and Central Capital Ventura have participated in the insurtech provider’s seed round sized at more than $1.5m.

May 15, 2019

Locus focuses on $22m series B

The Recruit-backed supply chain management software provider will use the capital to further expand into the US and Southeast Asia.

May 15, 2019

Grofers feeds on $200m

SoftBank Vision Fund has led a $200m funding round for Grofers that more than doubled the online grocer's valuation to $1bn.

May 15, 2019

Kr Space makes room for $145m

36Kr’s co-working spinoff, Kr Space, has added $145m to its coffers, from investors including IDG Capital, Gopher Asset and Yixing Capital.

May 15, 2019

Gree Ventures greets $137m third fund

Gree's corporate venture capital unit has reached the first close of its Strive III fund which is targeting a final close in excess of $130m by the end of this year.

May 15, 2019
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