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Big Deal: 23andme raises $115m
The genetics testing company has managed to attract a range of corporate investors, partly through its research activities, and international expansion looks to be on the horizon.
Oct 19, 2015News round up 19 October 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Oct 16, 2015Uxin Internet calls in Sina for $100m
The deal, which includes capital and resources, will allow the users of Sina's Weibo microblogging platform to make calls using Uxin Internet's free service.
Oct 16, 2015Big Deal: Dianping and Meituan join forces
The merger of Dianping and Meituan is emblematic of the consolidation in China's internet sector, where growth is essential to prevent being overtaken by businesses with bigger wallets.
Oct 12, 2015Salesforce calls on Talkdesk for $6m series A
Salesforce's strategic investment unit led a $6m extension to the call centre software developer's series A round, which is now sized at $21m.
Oct 9, 2015Aquto doubles funding with $8m series B
The advertising technology developer has now secured $16m in total funding, following a series B round featuring corporate-backed Iris Capital and STC Ventures.
Oct 8, 2015Big Deal: SoFi closes $1bn series E
Corporates SoftBank and Renren have differing reasons for backing the online lending platform, which has just raised the sector's first $1bn round.
Oct 5, 2015PLDT to call on startups with California fund
The Philippines-based telecommunications firm expects to invest $50m in startups this year through its newly launched PLDT Capital unit.
Oct 2, 2015Afrimax phones up investors for $120m
Mitsui has led a funding round for Afrimax as the telecoms company gears up to expand into several countries in Africa.
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