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GCV Symposium Day Two: Data shows CVC deal value outpacing volume

Data from GCV Analytics and Pitchbook showed corporate venturers are increasingly opting for larger deals, consequently reducing the total number of deals.

May 25, 2018

Brii Bio breaks out with $260m

Medicine development startup Brii Biosciences has launched with funding from investors including the WuXi AppTec-backed 6 Dimensions Capital.

May 25, 2018

Careem chases $500m at $1.5bn valuation

Existing investors in the on-demand ride provider include Didi Chuxing, Rakuten, Saudi Telecom, Al Tayyar and Daimler.

May 25, 2018

StoreDot gets $20m infusion from BP Ventures

The investment brought the total raised by the fast-charging battery developer, which is also backed by Samsung and Daimler, to $146m.

May 24, 2018

Cowarobot finds route to series B funding

SoftBank's Chinese VC unit, SBCVC, has co-led a $21.1m round for autonomous service robot developer Cowarobot, with the funds to go to R&D.

May 23, 2018

Tencent collars NewsDog in $50m series C

News aggregation app NewsDog has raised funding in a Tencent-led round that included DotC United and Legend Capital.

May 23, 2018

AlphaX aligns with corporates for $313m first fund

The venture firm's debut fund has closed having secured capital from limited partners include CreditEase, Focus Media and Qihoo 360.

May 23, 2018

Foxconn writes down $200m Snapdeal investment

Foxconn subsidiary FIH Mobile has written down all but $3m of the $200m it provided for Snapdeal in 2015, according to its 2017 financial report.

May 22, 2018

Like licks series B with Ant Financial help

Chinese car rental service Like has followed up $20m in funding reportedly closed last month with an Ant Financial-led series B round.

May 22, 2018

MTN-Irancell picks Tehran for VC fund

The telecoms network operator has launched a venture capital scheme in partnership with Iran's University of Tehran.

May 21, 2018
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