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Page 204

Embodied embeds new funding

Companion robot developer Embodied, backed by Intel, Amazon and Sony, has raised $12.4m in a round with a target size of approximately $18.8m.

May 8, 2018

Xiaomi files for a $10bn IPO

China-based electronics producer Xiaomi has reportedly filed for an initial public offering at a $100bn valuation in Hong Kong.

May 4, 2018

Flipkart's board approves $15bn Walmart takeover

SoftBank is set to completely exit Flipkart as part of a deal that will value the company at $20bn, in which Alphabet is now expected to be involved.

May 4, 2018

Viking Global throws Birchbox a $15m lifeline

Viking Global will take a majority stake in the cosmetics subscription service, once valued at $485m, wiping out other investors including Comcast Ventures.

May 3, 2018

Future Meat dishes up $2.2m seed round

Yissum, though its investment fund Agrinnovation, has contributed to a seed round for one of its portfolio companies, Future Meat Technologies.

May 3, 2018

Xiaomi gets $10bn IPO rolling

The Qualcomm and NGP-backed electronics producer is reportedly seeking a $100bn valuation for the Hong Kong offering.

May 3, 2018

Tencent accompanies UBtech to $820m

UBtech has achieved a $5bn valuation after raising $820m in Tencent-led series C round that included fellow corporates Telstra and Haier.

May 3, 2018

Meituan Dianping drops in to Heytea

Milk tea chain Heytea has received just over $63m from Meituan Dianping as it looks to more than double its number of branches this year.

Apr 27, 2018

Xiaohongshu picks $200m target for next round

The recommendation-based e-commerce platform is already backed by Tencent and plans to raise $200m or more at a $2.5bn+ valuation.

Apr 27, 2018
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