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Financial

Big Deal: Rocket Internet's GFG raises $363m

Global Fashion Group's latest funding makes it one of several Rocket entities to have raised cash this year, but they will need to stem losses before the money tap turns off.


Jul 25, 2016

Omise unifies Sinar Mas and Ascend for $17.5m

The payment services provider hopes to expand across Southeast Asia following its series B round, which featured SBI, Sinar Mas and Ascend Group.

Jul 22, 2016

Ant Financial pops up as M-Daq investor

Details about Ant Financial's backing, unveiled today, remain scarce but it was likely part of the $87m series C round M-Daq closed in November 2015.

Jul 22, 2016

CommonBond concludes academic year with $30m

Nelnet-backed CommonBond has attracted $30m in series C equity, secured $300m in debt financing and acquired student loan management platform Gradible.

Jul 21, 2016

Brazil sees Algar and Porto Seguro launch funds

A survey found a 16 percentage point rise in the number of Brazilian corporations investing in startups.

Jul 21, 2016

Corporate venture changeover in healthcare

Pfizer has leapt to the top of the most active corporate venturing investors in US healthcare deals for the first half of 2016, as Novartis falls out of the top 10.

Jul 21, 2016

ShopClues processes Momoe acquisition

ShopClues has acquired mobile payment startup Momoe for up to $12m, providing an exit to equity holders including IDG Ventures India.

Jul 19, 2016

Santander doubles InnoVentures fund to $200m

Santander has doubled the amount of capital allocated to the UK-based fintech corporate venturing unit it launched two years ago.

Jul 19, 2016

Big Deal: Second Genome boosts second round

Second Genome, which is applying genomics technology to the microbiome, is the latest in a growing string of gene technology companies to raise substantial funding.

Jul 18, 2016
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