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Aixuexi accepts $200m
Sovereign wealth fund led a series D2 round for livestreamed education provider Aixuexi Education Group almost a year after an investment by Tencent.
Nov 12, 2020Colopl Next and DT&I close joint fund
The $55m Next Unicorn Fund has a mandate to participate in pre-series A to series B rounds for startups based in South Korea and eventually in Southeast Asia.
Nov 12, 2020Hopin hosts Salesforce in $125m series B
Salesforce Ventures returned to help the virtual event software provider hike its valuation to $2.15bn in its third round this year.
Nov 11, 2020Analysis: Ant in the balance
China-based financial services provider Ant Group, spun off by e-commerce group Alibaba, intended to float on the Shanghai and Hong Kong stock markets.
Nov 9, 2020Analysis: Ant’s double IPO halted and is likely to be delayed for…
Ant Group, the financial services subsidiary of China-based e-commerce group Alibaba, was due to raise a targeted $37bn in a dual listing in Shanghai and Hong Kong but the mega-initial public offering was unexpectedly blocked by an intervention from financial regulators in Beijing at the eleventh hour.
Nov 9, 2020Corporate venturing deal net: 2-6 November 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Nov 6, 2020VIPThink pipes in $180m
New Oriental returned for the educational product developer's series C round, which was led by SoftBank Vision Fund 2.
Nov 6, 2020iYell brings home fresh funding
Dai-ichi Life, Dentsu, DG Ventures, Mitsubishi Estate, Nippon Steel Kowa Real Estate, NTT Data and Watanabe Pipe were among 20 investors in a $17.7m round for the online mortgage portal.
Nov 5, 2020Reef Technology finds space for $700m
SoftBank Vision Fund returned to reinvest in proximity services provider Reef, which has also launched a $300m real estate fund with fellow backer Oaktree Capital Management.
Nov 3, 2020GetYourGuide discovers $133m
SoftBank Vision Fund returned in a convertible note round that pushed the total raised by the tourism experience booking service to some $788m.
Nov 2, 2020REA arranges Elara acquisition
REA Group and parent company News Corp are reportedly paying $70m for a controlling stake in online real estate portal and portolio company Elara Group.
Nov 2, 2020PetLove merges with DogHero
SoftBank-backed pet product retailer PetLove is joining forces with pet services-focused DogHero, which counts Rover among its investors.
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