Sectors

Commerzbank, Visa and CreditEase could be in line for exits after the card issuing platform developer confidentially filed to go public at a possible $10bn valuation.

The JD.com, Shanghai Pharma and SoftBank China Venture Capital-backed O2O medical services operator, has secured fresh funding from investors including Sinocare.

Baidu Ventures, Mango Media and Zhongnan Red Cultural Group are set to exit the screen projector producer in an IPO on Shanghai’s Star Market.

The Qilu Pharmaceutical-backed cancer, immune disorder and metabolic disease drug developer has closed a series B round led by Lilly Asia Ventures.

The Progressive-backed digital banking technology provider has now secured at least $482m in total, with Russell Westbrook Enterprises leading its latest round.

The Livzon-backed cancer and infectious disease therapy developer has added $40m to a round that will support the progression of its lead candidate toward clinical trials.

Telstra and Standard Chartered Ventures helped the cloud security software provider hike its overall funding to about $185m.

Red Antler participated in a $22.9m round for the wholsale goods marketplace, representing its first institutional funding.

Spacecraft manufacturer SpaceX reached a $74bn valuation, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.

The New York Times, Automattic, WGBH, American Public Media, McClatchy, Graham Holdings and Bose have exited the podcasting platform developer through the deal.

Girish Hiremath, chief operating officer at Ginserv, said being part the Mysuru-based JSS group would be a help to the startups.