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Shiprocket takes off with $13m series C

E-commerce supply chain business Shiprocket secured the return of Bertelsmann India Investments in a round earmarked for product development, recruitment and overseas expansion.


May 13, 2020

Lengo lets in $15m

Biopharmaceutical firm Jubilant Life Sciences has licensed molecules with potential to fight cancer to a new venture formed with Frazier Healthcare Partners.

May 13, 2020

Daily deal net: May 12, 2020

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

May 12, 2020

Vroom puts IPO plans in motion

Vroom, the AutoNation-backed used car marketplace that completed a $254m series H round last December, has confidentially filed for an initial public offering scheduled for next month.

May 12, 2020

Kopi Kenangan brews $109m series B

Kunlun has contributed to a $109m series B round for Kopi Kenangan that will allow the Indonesian coffeehouse chain to launch new products as well as expand nationally and overseas.

May 12, 2020

Lehe Food tucks into $56m series C

Lehe Food has secured the return of Meituan Dianping's DragonBall Capital with an eye on expanding its food distribution and supply chain business.

May 12, 2020

Owkin pulls in series A extension

Medical data aggregation tool developer Owkin increased its series A round to $52m after an extension backed by existing investors GV, Eight Road Ventures and F-Prime Capital.

May 12, 2020

Symend attends to $52m round

Telus Ventures has placed a bet on debt recovery software developer Symend in a round bringing the latter's lifetime funding to $60m.

May 12, 2020

M17 switches on series D funding

Asia-focused live streaming service M17 Entertainment raised $26.5m from investors including Kaga Electronics and ASE Global, two years after an aborted IPO attempt.

May 12, 2020

Conga and Apttus join forces

Salesforce Ventures' documentation software investment Conga is to merge with Apttus in a bid to further extend its product offering following three acquisitions by the business in 2018.

May 12, 2020

Two Vietnamese startups file for bankruptcy

WeFit and Leflair are among the corporate-backed companies that have shut down amid Covid-19 closures.

May 12, 2020

Lime jumps on $170m deal

Uber has led a $170m investment in StanfordStartX Fund-backed Lime that closed alongside Lime’s acquisition of Uber’s micromobility subsidiary Jump.

May 11, 2020
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