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Page 594

Momenta rides series B momentum to raise $57m

The autonomous driving software developer has increased a round featuring Nio Capital and Daimler to $57m, following a $46m first close in July.

Oct 18, 2017

Sogou seeks $600m in IPO

Search engine provider Sogou, 80% owned by Sohu and Tencent, has filed for a $600m offering on the New York Stock Exchange

Oct 18, 2017

Qudian gets quids in with $900m IPO

The Ant Financial-backed online lender floated above its range, while fellow corporate investor Kunlun Tech sold $14m of shares.

Oct 18, 2017

Foxconn and IDG Capital form $1.5bn transport fund

Contract manufacturer Foxconn and IDG Capital will provide 10% of the capital for the fund, which will invest in transport technology developers.

Oct 18, 2017

BankBazaar markets $30m series D

Experian has put $30m into BankBazaar, a financial services marketplace that previously obtained $60m in a series C round led by Amazon.

Oct 17, 2017

iQiyi signs up underwriters

The video streaming service, majority-owned by Baidu, has hired three banks to manage its initial public offering expected to take place in the first half of 2018.

Oct 17, 2017

SoftBank begins talks for second huge fund

The firm has reportedly entered early talks concerning a successor to its $93bn Vision Fund that could be even larger.

Oct 17, 2017

KrazyBee crams $8m into series A

Xiaomi and E-City Ventures were among the participants in the instalment-based e-commerce platform's latest round, taking its total funding to $13m.

Oct 16, 2017

Digital health ecosystem in Israel

Lata Hariharan takes an in-depth look at the digital health ecosystem in Israel, finding much to be cheerful about.

Oct 16, 2017
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