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Page 187

U-M commits $20m to four spinouts

University of Michigan will supply an initial $2.75m in funding to MemryX, Ripple Science, GreenMark Biomedical, and Give and Take, and could invest as much as $20m altogether.

Feb 22, 2019

Wowqu houses series B funding

Mofang Apartment has tapped its investment unit to invest in the 58.com-backed apartment rental platform operator's $29.7m series B round.

Feb 22, 2019

Ucommune seeks home in public markets

The workspace operator is reportedly seeking a $3bn valuation in a US IPO that would allow a host of corporates including several real estate developers to exit.

Feb 21, 2019

Clutter sweeps up $200m

SoftBank Vision Fund and GV have contributed to a $200m series D round for Clutter, following reports earlier this month that estimated the round would be sized at up to $250m.

Feb 21, 2019

Supermonkey works out series D funding

The Fosun-backed fitness brand plans to to open 100 more unmanned gymboxes in 2019 following a $53.3m round that was co-led by Starquest Capital and Yao Capital.

Feb 21, 2019

Quiqup collects more funding

The on-demand logistics service provider, which counts Transmed and Delivery Hero as existing shareholders, is looking to raise $12.9m in its latest round.

Feb 19, 2019

Joor soars in $16m series C

The wholesale fashion e-commerce platform will expand into Asia with the proceeds from the Itochu-led round, which boosted its total funding to $36m.

Feb 18, 2019

Oyo completes $1bn booking

Didi Chuxing has invested $100m in the hotel platform, allowing Oyo to close a $1bn round led by SoftBank Vision Fund and backed by Grab.

Feb 15, 2019

Flexport courts SoftBank for $500m round

SoftBank is reportedly in talks to lead a $500m round for shipping services platform Flexport at a possible valuation of $3bn.

Feb 14, 2019

Kaust accelerator unveils third roster

Kaust is preparing for the third phase of its Taqadam startup accelerator, which is supported by a host of Saudi Arabian academic institutions and claims to have achieved a 35% female participation rate.

Feb 13, 2019
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