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Page 712
CapitaLand builds $74m corporate venturing unit
C31 Ventures will make strategic investments in areas of interest to the Singapore-based property developer, and has already committed $11m to a state-run fund.
Jun 16, 2016Didi Chuxing closes mammoth $7.3bn financing round
The round consisted of $4.5bn in equity funding from Apple, China Life Insurance, Tencent, SoftBank, Alibaba and Ant Financial, and an additional $2.8bn in debt.
Jun 16, 2016Nomadd wanders towards series A
The Kaust Innovation Fund backs Nomadd, an automated cleaning system for solar panels, spun out of King Abdullah University of Science and Technology, in its $1m series A round.
Jun 16, 2016Golden Gate crosses $60m fund target
Golden Gate Ventures has closed an oversubscribed second fund at $60m backed by limited partners including Hanwha Life Insurance, Naver and Hubert Burda Media.
Jun 15, 2016Fenqile consumes $235m in series C round
An undisclosed Chinese insurance provider has co-led a series C round for Fenqile, whose shareholders also include JD.com and Bertelsmann.
Jun 15, 2016Yotpo regains Access in $22m series C
The content-based marketing platform took its total funding above $50m in an Access Industries-backed round that will fund hiring and product development.
Jun 14, 2016China Online Education writes final IPO script
The Duowan Entertainment-backed English language learning platform has raised $45.6m in a US initial public offering and will secure another $20m through a private placement.
Jun 13, 2016China Life transfers $600m to Didi Chuxing
The insurance firm, also an investor in Uber, has supplied $300 in equity and $305m in debt financing for the ride hailing company, which has now raised $3.5bn in its latest round.
Jun 13, 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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