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Zhenkunhang procures $160m in series D…

Tencent has led a $160m series D round for business-to-business e-commerce platform Zhenkunhang that was also backed by return investor Legend Capital.

ADP, SEB, Michelin, Valeo, Accor, BioMérieux, Dassault, JCDecaux Holding, Kering and Pernod Ricard have all contributed to the venture fund’s $358m first close.

RootCloud digs up series B funding

The internet-of-things software provider has sourced $72.2m in a series B round that featured Galaxy Holding Group.

Events

GCVI Summit 2020
29th January 2019
GCV Energy 2019
21st November 2019
GCV Synergize 2019
25th September 2019
Collective Health cruises to $205m round
The enterprise health plan software provider has now raised more than $430m in total, with SoftBank Vision Fund leading a round that also featured GV.
Diagram Ventures draws up second fund
Power Corporation's Portag3 Ventures unit has anchored the venture capital investor and incubator's second vehicle, which will focus on financial and insurance technology.
Allscripts wraps up ZappRx acquisition
GlaxoSmithKline and Alphabet have exited the online drug delivery platform, which has been acquired by Allscripts in a deal reported to be less than $40m in size.
Valo Ventures advances to $175m close
Venture capital firm Valo Ventures, launched by CapitalG alumnus Scott Tierney, has raised $175m for its debut fund following an LP commitment from Fortum.
Minute Media wins $40m
The sports content publishing platform increased its overall funding to $120m with a ProSiebenSat.1-backed round that will enable it to extend its M&A activities.
PeopleFund crowds in extra series B financing
Peer-to-peer lending platform PeopleFund has added $5m of equity and $30m of debt to a series B round that already included contributions from KakaoPay and Dayli Financial.
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