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Page 163

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

Flipkart looks to mount Shadowfax in $40m deal

The e-commerce platform is conducting due diligence for an investment that would reportedly more than double last-mile delivery service Shadowfax's valuation to $200m.

Aug 30, 2019

Germi8 to sprout Southeast Asian startups

Sustainable food-focused Germi8 has been co-founded by Leave a Nest and has backing from fellow corporates Kobashi Industries and Euglena.

Aug 30, 2019

Hound Labs books $30m in series D round

Insurance broker NFP's corporate venturing vehicle was among the investors in a round that will accelerate commercialisation of Hound Labs' advanced breathalyser.

Aug 29, 2019

Hedvig digs D-Ax in series A round

Axel Johnson’s corporate venture capital arm has contributed to a $10.4m series A round for the Sweden-based digital insurer that was led by Obvious Ventures.

Aug 28, 2019

Corporates help Hexiaoxiang pass series B test

Bertelsmann Asia Investments and TAL Education's Good Future Education Industry Fund combined in a $27.9m round for literary education platform Hexiaoxiang.

Aug 28, 2019

Longfor hops aboard Huohua Siwei in $85m round

Huohua Siwei more than doubled its total funding to $160m after attracting $85m in a round that featured an investment vehicle for Longfor Properties.

Aug 27, 2019

Groups360 arranges $50m from hotel owners

Accor, Hilton, IHG and Marriot provided a total of $50m for the event-booking management platform, which will use it to beef up engineering, sales and marketing.

Aug 27, 2019

Corporate venturing deal net: 19-23 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 23, 2019
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