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Allianz homes in on 99.co for series B

Online real estate platform 99.co raised $15.2m in a round that was co-led by Allianz X at a $75m post-money valuation, and plans to now expand in Southeast Asia.

Aug 20, 2019

Corporate venturing deal net: 12-16 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 16, 2019

Ziff Davis organises Spiceworks acquisition

Goldman Sachs-backed IT professional networking platform Spiceworks has agreed to be purchased by Ziff Davis, having raised $111m in funding.

Aug 15, 2019

Litera reads up on Doxly acquisition

Doxly has become the first exit for the IU Philanthropic Venture Fund after its acquisition by Litera Microsystems.

Aug 15, 2019

We Company releases billion-dollar IPO filing

SoftBank-backed workspace provider We Company has filed for an initial public offering in which it reportedly expects to raise up to $4bn.

Aug 14, 2019

Yungehuo pulls in series A capital

Legend Capital led a $14.2m round for cargo delivery services platform Yungehuo, which has earmarked the funding for further business expansion.

Aug 14, 2019

Caterwings swallows Lemoncat in acquisition deal

Rocket Internet-owned catering services provider Caterwings has paid an eight-figure sum for rival Lemoncat, which counted Rocket Internet as an investor.

Aug 14, 2019

Zhihu posts $434m series F

The online query platform is now reportedly valued at $3.5bn, Kuaishou having led a round that included Baidu and existing investor Tencent.

Aug 13, 2019

Propzy prepares $25m series B round

GS Shop-backed real estate marketplace Propzy is seeking $25m to fund the launch of new services and enter new geographical markets.

Aug 13, 2019

Ashurst prevails on Praill to lead development unit

Former Navitas Ventures head Tim Praill has agreed to lead the global team of law firm Ashurst's recently formed open innovation unit.

Aug 13, 2019
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