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Consumer

Ten businesses board Manchester-backed accelerator in Dubai

UAEpreneurs will operate with support from University of Manchester’s Middle East Centre in Dubai, providing 10 mainly digital-focused startups the opportunity to raise $50,000 to $250,000 in capital.


Feb 13, 2019

DoorDash chases $500m

The SoftBank-backed food delivery service is seeking funding at a valuation above $6bn, having already raised $785m in the past year.

Feb 12, 2019

Zilingo struts away with $226m

The fashion e-commerce platform is reportedly valued at $970m following a series D round featuring existing corporate investor Burda Principal Investments.

Feb 12, 2019

Hinge completes Match union

Match Group, which acquired a 51% stake in CAA-backed dating app Hinge last summer, has purchased the remaining shares in the business.

Feb 12, 2019

Soocas brushes up on funding

Xiaomi-backed smart toothbrush producer Soocas Shenzhen Technology has received almost $30m from investors including Fosun-founded Kinzon Capital.

Feb 12, 2019

Analysis: Co-investment patterns of corporate venturers

We examine some co-investment patterns among corporate venturers we have been tracking since 2011.

Feb 11, 2019

Foot Locker kicks $100m into Goat Group

The retailer has invested $100m in footwear marketplace Goat Group, which already counts Matrix Partners, Upfront Ventures, Webb Investment Network and Accel as shareholders.

Feb 8, 2019

Zomato increases latest serving to $250m

Glade Brook Capital has invested $39.7m in food listings and ordering platform Zomato, adding to $210m from Ant Financial in October.

Feb 6, 2019

BBG beckons outsiders to new fund

BBG Ventures, which was founded by AOL and is now funded by Verizon Media, is reportedly seeking external commitments for its next fund.

Feb 6, 2019

HTGF adds flavour to 4Gene’s seed round

4Gene is advancing TUM research into exploiting plant-derived glucosides as flexible triggers for releasing flavouring and aromas.

Feb 6, 2019

Sustainable Bioproducts sucks in $33m

Danone Manifesto Ventures and ADM Ventures both took part in a series A round for the Montana State University-backed Nasa spinout, which is developing edible proteins.

Feb 5, 2019

Analysis: Andela sources a $100m round

Recruitment business Andela raised $100m series D round featuring Alphabet

Feb 4, 2019
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