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Page 563

Mumtalakat confirms Vision Fund discussions

Bahrain's sovereign wealth fund is in talks to contribute to the $97.7bn SoftBank-managed fund, according to its chief executive.

Feb 21, 2018

Mills Fabrica threads together evergreen fund

Fabrica Fund, a subsidiary of Nan Fung Group, will target the intersection of style and technology with investments ranging from $100,000 to $2m.

Feb 20, 2018

Morphisec marks series B round with $12m

Orange Digital Ventures, General Electric and Deutsche Telekom all took part as the endpoint security software developer added to its $7m series A.

Feb 20, 2018

Toutiao augments holdings with $300m Faceu purchase

Image editing platform Meitu has exited AR selfie and video app Faceu through an acquisition by Toutiao, its third in less than four months.

Feb 20, 2018

Uber arranges Grab stake in divestment deal

Uber is said to be in talks to sell its Southeast Asian business to local player Grab in a deal that will give it a sizeable stake in the latter.

Feb 19, 2018

Zoomcar picks up $40m in series C

Mahindra and Mahindra led the round with a $27.3m commitment that gave it a 16% stake in the car sharing platform, valuing it at about $170m.

Feb 19, 2018

Walmart begins talks for Flipkart stake

Walmart could buy more than 40% of the e-commerce company at a higher valuation than the $12.5bn at which SoftBank Vision Fund invested in August.

Feb 16, 2018

Kakao Games entertains investors for $130m

The funding comes ahead of an expected initial public offering and featured Tencent, Netmarble Games, Actozsoft and Bluehole Studio.

Feb 15, 2018
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