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Didi takes driverless car technology unit for a spin

Didi Chuxing has set up its autonomous car unit as a new business that remains unnamed for now, with the aim of attracting external investment.

Aug 6, 2019

Group 42 brings in $65m for Jollychic

The Legend Capital-backed cross-border fashion e-commerce platform has raised a $65m commitment from Group 42 in a series C-plus round.

Aug 6, 2019

Exo Imaging executes $35m series B

Intel Capital led a round that will enable Exo, whose investors also include OSF HealthCare, Sony and Applied Materials, to improve its AI-powered ultrasound technology.

Aug 6, 2019

Scalable Capital constructs series C round

Tengelmann Ventures was among the participants in a $27.5m round that increased the digital wealth manager's overall funding to more than $73m.

Aug 6, 2019

Backbone builds out series A to $18m

The consumer brand software provider closed its Novel TMT-backed series A round at $18m with a $10m extension that boosted its total funding to $23m.

Aug 6, 2019

Reliance gets a Fynd as Google exits

Reliance Industries has acquired a majority stake in the fashion e-commerce platform through a $41.7m majority stake purchase that will enable Google to exit.

Aug 6, 2019

Rakuten Medical extends series C treatment by $100m

Cancer treatment developer Rakuten Medical has received $100m in series C1 capital from affiliate Rakuten, which now holds a 22.6% stake.

Aug 5, 2019

Latch locks up series B with $126m

Smart lock provider Latch completed a $126m round that included RxR Realty in addition to Tishman Speyer and Camber Creek, which backed the first tranche a year ago.

Aug 5, 2019

Emtek drives CarDekho's series C to $129m

Kreatif Media Karya took part in a $19m extension to a series C round already featuring CapitalG, Dentsu and Bennett, Coleman & Co, boosting CarDekho's total funding to about $200m.

Aug 5, 2019

SmartNews scoops up $28m

Japan Post Capital led a series E round that increased the valuation of the news aggregation app developer to $1.1bn, and its total funding to $116m.

Aug 5, 2019
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