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Page 555

Eight Roads directs $375m to third fund

Fidelity subsidiary Eight Roads Ventures has attracted $375m for a Europe and Israel-focused fund that will target enterprise, consumer, fintech and healthcare IT.

Mar 21, 2018

Ascent Robotics soars with SBI funding

SBI Investment's blockchain and artficial intelligence fund has led a $10.4m series A round for autonomous driving software developer Ascent that will fund R&D.

Mar 21, 2018

Hunliji ties up $65m series C

The wedding services platform developer has received funding from investors including Fosun subsidiary Fosun RZ Capital.

Mar 21, 2018

Sun moves to Robert Bosch Venture Capital

Xiaoguang Sun, a former Intel Capital director, has moved from an MD role at private equity firm Yellow River Capital to head RBVC's China activities.

Mar 20, 2018

Mydadao divulges corporate funding

The on-demand car rental startup has revealed it has secured an eight-figure total across three rounds, two being led by subsidiaries of Baidu and Bertelsmann respectively.

Mar 20, 2018

Grofers bags more SoftBank funding

SoftBank invested $40m to lead a $61.4m funding round for Grofers that valued it at $300m, increasing its stake in the online grocer to between 35% and 40%.

Mar 19, 2018

Alibaba lays down another $2bn for Lazada

Alibaba has doubled its investment in the Southeast Asian online marketplace, having accumulated an 83% stake as of June last year.

Mar 19, 2018

BioCatch takes hold of $30m

CreditEase and American Express Ventures participated in a round that took the total raised by the fraud and cyber threat detection platform to $47m.

Mar 16, 2018

Baidu cooks up $160m for Coocaa

A Baidu subsidiary will take an 11% stake in Skyworth's smart TV spinout, which also counts Tencent and iQiyi as backers, after buying primary and secondary shares.

Mar 16, 2018
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