Services

Cosmetics brand Marubi is partnering Jinding on a fund that will invest in beauty brands and supply chain-focused companies.

Grab, Intouch Holdings, Carmenta and GeoPost all contributed to a series D round raised at a $590m valuation over the past year, alongside $89m in convertible debt financing.

Princeton University is a long-standing partner of Qiming Venture Partners, having invested in the latter's inaugural fund back in 2006.

Legend Holdings contributed to a $12.6m round that boosted the total raised by the TAL Education-backed online tutoring provider to more than $83m.

Eight Roads Ventures led the office design software provider’s latest round, which included corporates BASF and Saint-Gobain.

Next47 and Salesforce Ventures helped the logistics management software provider take its overall funding to more than $83m as Covid-19 causes delivery volumes to increase.

GV and Recruit both invested in a series C round that reportedly valued customer engagement platform developer Podium at about $1.5bn.

The internet company’s investment arm has earmarked just over $32m to support portfolio companies through the Novel Coronavirus Recession Prevention Program.

Silver Lake and Sixth Street Partners supplied debt and equity financing for the Alphabet-backed online short-term accommodation platform at a $26bn valuation.

DeHaat will use the proceeds from the AgFunder-backed round to expand its retail network and bolster its big data and AI technology.

Main Sequence Ventures returned to co-lead Myriota's series B round, bringing the University of South Australia spinout's total funding to more than $37m.