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Page 957

Meltin shows mettle in corporate-backed round

Sumitomo Dainippon Pharma, Dai-ichi Life ans SBI all invested in a $17.7m round for robotics devloper Meltin MMI, after a $2.1m series A last year.

Oct 19, 2018

Alibaba makes a $288m date with 1919

Alibaba is set to invest $288m in the alcoholic drinks retailer at a time when consumer demand for wine and spirits is rapidly growing in China.

Oct 19, 2018

Holatek raises $86m from successful series D projection

Smart projector and TV manufacturer Holatek has attracted $86.5m in series D funding from a consortium led by Alibaba that featured the newly unveiled 36Kr Fund.

Oct 19, 2018

RapidAim hits funding target

The Csiro Innovation Fund has invested $890,000 in RapidAim, co-founded by three Csiro researchers, to support a trial of a fruit fly monitoring system.

Oct 19, 2018

Corporates drive Momenta to $1bn valuation

Tencent and existing backer Nio Capital both invested as autonomous driving software developer Momenta took its overall funding to $200m.

Oct 19, 2018

Cloud9 beams up $50m

The eSports team manager has added series B funding to a 2017 series A backed by WWE, FunPlus, Beverly Hills Sports Council and UTA Ventures.

Oct 19, 2018

Thread pulls out $22m from series B round

Men's styling and fashion e-commerce platform Thread has now raised $40m altogether, having secured funding from H&M Co:Lab among others.

Oct 19, 2018

Oxford Nanopore expands latest round to $206m

Amgen has invested $66m in genetic sequencing system provider Oxford Nanopore, increasing its latest funding round to $206m.

Oct 18, 2018

Swiggy gets ready to swallow $900m

The food ordering platform has reportedly drawn up a term sheet for a $900m primary and secondary round led by Naspers and backed by Tencent.

Oct 18, 2018

Careem clears $200m in new funding

Al Tayyar and Rakuten are reportedly among the existing investors that provided $200m for on-demand ride platform Careem at a $2bn valuation.

Oct 18, 2018
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