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Page 168

Jumia to jump to public markets

The Africa-focused e-commerce platform, backed by MTN, Rocket Internet, Millicom, Orange, Axa and Pernod Ricard, has filed for a $100m initial public offering in the US.

Mar 13, 2019

KK Guan imports Alibaba's EWTP for series C

The cross-border e-commerce platform has completed a $59.5m series C round led by the Alibaba-headed Electronic World Trade Platform, boosting its total funding to about $85m.

Mar 13, 2019

JTI ignites Vapetech accelerator

Tobacco maker JTI and Plug and Play have launched an accelerator to back 20 startups each year that are developing vaping technology.

Mar 12, 2019

Corporate venturing deal net: 4-8 March 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Mar 8, 2019

Corporate-backed Qlapa closes shop

The online marketplace for handmade goods, which reportedly counts KapanLagi Networks as an investor, has shut its business.

Mar 6, 2019

Zomato gets $50m boost from Delivery Hero

Delivery Hero has confirmed a $50m investment in the food listings and ordering platform as part of a $105m second tranche of a round that now totals $315m.

Mar 5, 2019

Grofers bags $60m

The funding was led by SoftBank Vision Fund, valuing Grofers at $425m, and provided as part of a larger round expected to close at between $120m and $140m.

Mar 4, 2019

BFG meets corporates for giant $100m fund

The venture capital firm has sourced commitments from investors including Arlon Group and Rabobank for a $100m food and beverage-focused fund known as BFG Fund II.

Mar 4, 2019

Corporate venturing deal net: 25 February - 1 March 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Mar 1, 2019

BASF commits $2m to Alchemist Accelerator

BASF Venture Capital has joined Alchemist Accelerator as a limited partner to develop digital technologies in the chemical industry.

Mar 1, 2019
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