Services

Tencent and Sunshine Life-backed recruitment app developer floated at the top of its range and has seen its share price more than double since.

The Google-backed on-demand ride service spun off by Kakao has received fresh funding from returning investors Carlyle and TPG.

Ohio State University has again thrown its weight behind Rev1 Ventures, whose latest fund also attracted University of Dayton and multiple corporates.

PayPal and Carta were among the LPs that have backed the early-stage venture firm’s first fund, which will invest in e-commerce technology startups.

Online vehicle retailer Motorway, restaurant ordering software provider Popmenu and meat and fish e-commerce platform Licious have all raised between $65m and $68m.

TUM spinout Celonis has grown to Germany’s first decacorn, three years after becoming the university’s first unicorn.

The Tencent, Naspers and BCC-backed educational course provider secured the funding at a $16.5bn valuation, adding to $1bn it raised in April.

Berkshire Hathaway led a second tranche of a series G round, raised by Nubank, a Tencent-backed virtual bank based in Brazil, at a $30bn valuation.

Transcarent has raised $58m from Bayer and Merck, while Nvidia has bought DeepMap, one of its portfolio companies also backed by Bosch.

Ontario Teachers Pension Plan has led the round that valued the ETS-backed student recruitment platform at more than $3bn.

The Tata unit has reportedly bought a 55% stake in the Intel Capital-backed digital pharmacy operator, which was valued at $200m as of mid-2019.