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Page 519

Yigongli cleans up in series C round

The Alibaba-backed automated car wash service has completed an $84.4m round, with People’s Insurance Company of China supplying a third of the money.

May 20, 2020

Cyberbit seizes $70m from Charlesbank

Elbit Systems is now a minority shareholder in cybersecurity training spinoff Cyberbit, which has received primary and secondary funding from Charlesbank Technology Opportunities Fund.

May 20, 2020

GO1 gets $40m in series C funding

The online training service, which has seen engagement triple in the past month, raised $40m in a round co-led by Seek and backed by M12 and Salesforce Ventures.

May 20, 2020

SQZ sequences $65m series D

GV and Illumina Ventures returned to reinvest in cellular therapy developer SQZ Biotechnologies, which has now raised at least $166m to date.

May 20, 2020

Navenio navigates $11m series A

OSI has returned to back Oxford indoor mapping spinout Navenio as the latter expands the market for its hospital workforce allocation system.

May 20, 2020

Gatt gets series B funding

Johnson & Johnson Innovation – JJDC was among the investors in an $11.7m round for blood sealant technology developer Gatt Technologies.

May 19, 2020

SenseTime sets out stall for $1bn

The Qualcomm, Alibaba, Suning and Dalian Wanda-backed artificial intelligence software provider is reportedly seeking a $9.5bn valuation.

May 19, 2020

Monzo seeks more funding

The Orange and Stripe-backed digital bank is reportedly in talks for up to $98m at a valuation topping $1.5bn, which would nevertheless represent a drop of near 40% from its last round.

May 19, 2020

Keep makes leap to $80m series E

Tencent and Bertelsmann Asia Investments returned for a round that pushed the online fitness community and product maker's valuation past $1bn.

May 19, 2020

Data Grand takes $38m

The Haier and Legend Holdings-backed semantic computing technology provider secured funding in a series B-plus round led by Shenzhen Capital Group.

May 19, 2020
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