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Page 443

Fadada signs up Tencent for series C round

The digital contract signature platform has collected $59.2m in a round that was co-led by Tencent, with the proceeds earmarked for hiring and product development.

Mar 7, 2019

Coral corrals corporates for $45m Japan fund

The 500 Startups Japan team have spun off as Coral Capital and launched a $45m fund backed by Mitsubishi Estate, J-Power, Mizuho Bank and Shinsei Bank.

Mar 7, 2019

Trobix Bio follows the funding trail

Building on early development funding from TAU’s Technology Innovation Momentum Fund, Trobix Bio has spun out to commercialise an approach to overcoming antibacterial resistance.

Mar 6, 2019

Gintel Technology to purify $30m round

Kao Yuan University's Gintel has created water quality monitoring systems that can provide information on 50 parameters of toxicity and recommend remedies.

Mar 6, 2019

Big Deal: Vision Fund makes billion-dollar Grab

SoftBank Vision Fund invested $1.46bn to take Grab's series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.

Mar 6, 2019

Delhivery carries off $395m in series F round

SoftBank Vision Fund invested $350m in Delhivery at a $1.6bn valuation as part of a $395m round, and it now owns a 23.4% stake in the logistics services provider.

Mar 6, 2019

Dream11 to realise another $100m funding dream

The Tencent-backed fantasy sports platform will reportedly be valued at between $1.3bn and $1.5bn following the rumoured $100m investment from Steadview Capital.

Mar 6, 2019

Air Asia readies Redbeat Capital to invest

Air carrier Air Asia is targeting a $60m close for the corporate venturing fund, which has emerged from its Redbeat Ventures subsidiary.

Mar 6, 2019

Corporate-backed Qlapa closes shop

The online marketplace for handmade goods, which reportedly counts KapanLagi Networks as an investor, has shut its business.

Mar 6, 2019

YY captures Bigo for $1.45bn

Bigo, a social video livestreaming platform, has been acquired by its existing shareholder YY for more than $1.45bn in a deal that also provided exits for Ping An and Bertelsmann.

Mar 5, 2019
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