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Page 72

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

Grab keeps riding series H wave

Experian has committed an undisclosed sum to Grab’s series H round, which stood at $4.8bn as of last month and already features SoftBank, Toyota, Microsoft and Ping An.

Jul 8, 2019

Ola maps out another series J contribution

DIG Investment and Deshe Holdings have contributed to an $11.4m series J tranche that has now grown to approximately $542m.

Jul 8, 2019

CMA suspends Amazon’s Deliveroo investment

UK competition watchdog, the Competition and Markets Authority, is investigating Amazon’s lead investment in Deliveroo’s $575m series G round.

Jul 8, 2019

Go-Jek goes for another series F tranche

Four months after collecting $100m from Astra International, Go-Jek has added an undisclosed amount from three Mitsubishi subsidiaries to a targeted $3bn series F round.

Jul 8, 2019

Corporate venturing deal net: 1-5 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 5, 2019

Analysis: Corporates take a multi-billion ride with Grab

Grab has so far raised $4.8bn series H round, after Invesco chipped in $300m in addition to the funding provided by corporate investors like SoftBank Vision Fund, Microsoft, Toyota, Ping An and others since June last year.

Jul 1, 2019
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