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Page 162

Yoriso gets funding service

SBI Investment, Sumitomo Mitsui Trust Investment and Shinsei Corporate Investment chipped in to help take the funeral services provider's total funding to nearly $31m.

Sep 4, 2019

Revelo revs up with more Seek funding

Existing backer Seek returned for a $16.8m round led by IFC that will support technology development and international growth.

Sep 3, 2019

Naspers to make ElasticRun in $55m round

Logistics service provider ElasticRun is in talks with the corporate to raise $50m to $55m in a round that would value it at about $250m.

Sep 3, 2019

Homee zeroes in on $15m

The home services platform increased its overall funding to nearly $30m in a series B round that included Ferguson Enterprises, Liberty Mutual, The Hartford and State Farm.

Sep 3, 2019

Xigua Chuangke sticks $21m series B round

The online coding course company banked $21m in a round led by New Oriental Group that included Oceanwide Holdings and Baicizhan.

Sep 2, 2019

Corporate venturing deal net: 26-30 August 2019

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

Aug 30, 2019

Nuanwa nabs $14m

The insurance analytics platform, incubated by insurer ZhongAn, has raised cash from Sequoia Capital China and Kuanping Capital.

Aug 30, 2019

Tencent rescinds $150m invitation from VIPKid

Existing backer Tencent has reportedly pulled out of a $150m contribution to a round that would have valued the online teaching service at $4.5bn, due to regulatory concerns.

Aug 30, 2019

TAL Education attends Vedantu’s $42m series C round

TAL Education helped boost the tutoring platform operator’s overall equity and debt financing to more than $59m, having previously invested $5m in November.

Aug 30, 2019

Meitu takes majority stake in Dajie

The corporate has picked up a 57% stake in SoftBank-backed professional social network Dajie for just over $50m in cash and shares.

Aug 30, 2019
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