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Page 688
Kasikorn Bank to deposit new fund
The financial services firm is planning to set up a corporate venturing fund to back fintech products and services later this year.
Sep 21, 2016Tennor resonates with investors for $25m series B
Existing backer WuXi Pharmatech Healthcare Fund returned for a series B round that will enable Tennor to move its antibiotics into late-stage development.
Sep 21, 2016FirstP2P receives $70m series C investment
The NCF peer-to-peer lending spinout has added $70m from backers including CCB International and San Shan Capital Partners to a $41m round closed last year.
Sep 21, 2016U51 sinks $310m in series C funding
The JD.com-backed credit card management platform raised the funding in a round co-led by Xinhu Zhongbao and Tiantu Capital at a $1bn valuation.
Sep 21, 2016Baidu reportedly lines up $150m fund
The internet company is said to be planning an investment unit that will back content producers, though it is not clear whether it will be separate from a reported $200m fund.
Sep 20, 2016Rakuten recognises ViSenze in series B round
Rakuten Ventures has co-led a $10.5m round for visual technology producer ViSenze, having also led its $3.5m series A two and a half years ago.
Sep 20, 2016Fosun furnishes Goujia's series A
The money will help home decoration e-commerce startup Goujia increase its headcount and further develop its hardware and products.
Sep 20, 2016Huayi Brothers to entertain $45m CVC arm
Entertainment company Huayi Brothers will begin investing in content-focused startups through a new investment arm from the end of this month.
Sep 20, 2016SoftBank makes Grab in $750m round
Ride hailing service Grab has closed a $750m series F round led by SoftBank that likely includes existing backer Didi Chuxing.
Sep 20, 2016Le Supercar revs up with $1.08bn
The LeEco driverless car spinout has closed what it claims is the largest first round ever from an automotive startup, with Lenovo and Macrolink both contributing.
Sep 20, 2016About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits our membership, providing privileged access to all our services and resources.
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