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Page 496

JHL assimilates cash at $750m valuation

Cancer biosimilar developer JHL Biotech raised an undisclosed sum in a Sanofi-backed round as it prepares to re-list on a stock exchange, this time choosing Hong Kong.

Oct 2, 2018

Liulishuo passes IPO exam

Liulishuo has listed on the New York Stock Exchange following a $71.9m initial public offering that provided an exit to publishing house Hearst.

Oct 2, 2018

Japan eases equity path for universities

Universities in Japan will be given the right to take long-term equity in spinouts as the government looks to improve availability of funding for homegrown research.

Oct 2, 2018

Udesk works out series C funding

The customer service platform developer raised $43.5m in a Legend Capital-backed round that took its total funding to approximately $66m.

Oct 2, 2018

Seabuy sees Taofen8 in series A round

The cross-border e-commerce platform raised $14.6m in a Taofen8-led round that included Santuo Investment Management and Ningbo Municipal Government Angel Guidance Fund.

Oct 1, 2018

Byju’s treasures $100m investment

General Atlantic India has acquired a 5% stake in Tencent-backed Byju’s in return for a $100m commitment that pushed the education services provider’s valuation to $2bn.

Oct 1, 2018

Licious catches $25m

UCLA co-led the online meat and fish merchant's series C round, which included Bertelsmann, Sistema Asia and Vertex Ventures.

Oct 1, 2018

Instana inserts $30m in series C round

Meritech Capital led a $30m round for Codecentric spinoff Instana, increasing the app performance manager's total funding to $57m.

Oct 1, 2018

Licious catches $25m

Bertelsmann India Investments co-led the online meat and fish merchant's series C round, which included fellow CVC Sistema Asia.

Oct 1, 2018

Tau Ventures takes two

The venture fund of Tel Aviv University has added 3D printing technology developer Castor and geolocation platform provider Hoopo to its portfolio.

Oct 1, 2018
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