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Page 84

Acorns to manage $100m investment

PayPal and Rakuten-backed savings platform Acorns Grow is looking to raise more than $100m in a corporate-led round that will value it at $700m.

Nov 20, 2018

Instacart increases series F funding to $871m

Amex, Comcast and Amazon-backed grocery delivery platform Instacart has added $271m to its latest round and is now valued at almost $7.9bn.

Nov 15, 2018

Baidu lifts XinChao's latest round to $302m

XinChao, the owner of a network of more than 700,000 elevator advertising screens, has secured funding in a round led by strategic partner Baidu.

Nov 14, 2018

SNCF gets in BlaBlaCar for $114m round

SNCF has invested in BlaBlaCar, the buyer of its bus transport subsidiary, Ouibus, in a round that took the carpooling platform's total funding to $450m.

Nov 13, 2018

KBank kicks in $50m for Grab's latest round

Grab has added $50m from Kasikornbank to a round sized at $2.7bn, following a $250m investment by Hyundai and Kia earlier this week.

Nov 9, 2018

Hyundai and Kia hike Grab round to $2.7bn

The carmakers have supplied $250m in connection with an electric vehicle promotion deal, and the round already includes Toyota, Ping An, Microsoft and Citi Ventures.

Nov 7, 2018

Yuanfudao studies $350m funding round

Tencent is contributing $250m to a larger funding round reportedly being raised by online education platform Yuanfudao at a valuation of $2.8bn.

Nov 5, 2018

Relx helps Quid quicken fundraising pace

Data analytics software provider Quid has secured $37.5m in a round led by Relx subsidiary REV Ventures that included Lixil and Salesforce Ventures.

Nov 2, 2018

Lenovo tips Scale toward series F close

Virtualisation technology provider Scale Computing has reached the $21.2m Lenovo-led first close of a round expected to close at $34.8m.

Nov 1, 2018

SoftBank looks to grow Grofers in $150m round

Grocery e-commerce platform Grofers is in talks to raise $100m to $150m in a SoftBank Vision Fund-led round that could value it at up to $650m.

Oct 31, 2018
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