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Grofers orders in more series F cash

SoftBank-backed online grocery platform Grofers has received a $10m investment from Abu Dhabi Capital Group, adding to a $200m initial series F close two months ago.

Jul 18, 2019

AM-Pharma animates $130m round

AbbVie and Pfizer-backed acute kidney injury therapy developer AM-Pharma has now raised $249m in all and will use the latest round for a phase 3 trial.

Jul 17, 2019

Raisin accounts for $29m

Goldman Sachs has put $25m of funding into Raisin to drive an expansion into the US and into two additional European markets.

Jul 16, 2019

Swiggy looks to order in $500m

Naspers is in talks to lead the $500m round, which is also expected to feature NeoPlux and will reportedly value the food delivery platform at $4bn.

Jul 15, 2019

Corporate venturing deal net: 8-12 July 2019

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

Jul 12, 2019

NewsCred broadcasts $20m story

Dentsu was among the backers of a $20m series E round for NewsCred, which has now raised more than $100m from investors also including Verizon and Digital First Media.

Jul 12, 2019

Rivigo follows $65m course

Singapore Post-backed logistics network operator Rivigo has increased its series E round to $65m following a second close co-led by Warburg Pincus and SAIF Partners.

Jul 11, 2019

Xometry magnifies $55m round

Robert Bosch Venture Capital has supplied a $5m extension to bring the round, already backed by Dell, BMW and General Electric, to a $55m second close.

Jul 11, 2019

Byju’s to educate the world with $150m

Tencent and Naspers-backed education platform Byju’s is targeting an expansion into the US, the UK, Australia and New Zealand following the $150m funding round.

Jul 10, 2019

Investors transfer $135m to Remitly

Prudential Financial and existing shareholder PayU have backed a $135m series E round for Remitly, which concurrently obtained $85m in debt financing.

Jul 10, 2019

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