Latest News

Eluminex exits stealth with $50m
The ophthalmic biotherapeutics developer has completed a series A round co-led by Eli Lilly unit Lilly Asia Ventures nine months after it was founded.
Well Health sells Summation on $45m round
Summation Health Ventures returned for a series C round that lifted the healthcare communication system provider's total funding to $45m.
CoStar holds on to Homesnap in $250m deal
The real estate data provider has agreed to buy property engine developer Homesnap for $250m in cash following $32m from investors including AH Belo.
Softbank leads Olist's series D round
This $57.5m cash injection for will support growth, product development and acquistions for the e-commerce services provider.
Mitsui Sumitomo hands $350m to Hippo
The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.
Cars24 motors to $200m series E
KCK Global-backed automotive e-commerce marketplace Cars24 has secured a unicorn valuation in a round led by DST Global.
Metromile makes tracks to reverse merger
The Mitsui, China Pacific, AmTrust, Tokio Marine and Intact Financial-backed automotive insurer is teaming with Insu Acquisition Corp. II to form a business with a $1.3bn valuation.
STC Pay charges up with $200m
Western Union, which already partners the Saudi Telecom spinoff on cross-border money transfers, is acquiring a 15% stake in the digital wallet provider.

News Continued

Tencent takes $150m to Waterdrop
Tencent is reportedly injecting more funding into WeChat-powered healthcare insurer Waterdrop ahead of a potential IPO at a projected $4bn valuation.
Chainalysis charges to $100m series C
The crypto anti-fraud software developer, which counts Mitsubishi UFJ Financial as an investor, has now raised $165m to date.
Telus tells of impact fund
Telus Pollinator Fund for Good is equipped with $76.5m to invest in developers of technology that can promote positive social and environmental impact.
Factory_OS constructs $55m series B round
Facebook, Google, Autodesk and Citi were among the participants in a round that will help modular housebuilder Factory_OS increase production.
Subtle Medical sucks in series A funds
Baidu-backed Subtle Medical produces AI-driven medical imaging software intended to work across different healthcare systems, and has raised $12.2m.
Catamaran Bio catalyses $42m
Takeda Ventures and Astellas Venture Management both backed cell therapy developer Catamaran as it emerged from stealth.

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Mitsui Sumitomo hands $350m to Hippo
The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.
Wish looks to dish up $1bn IPO
JD.com-backed mobile commerce platform Wish has filed to go public a little over a year after raising money at an $11.2bn valuation.
SR One spins off with $500m
GlaxoSmithKline's corporate venturing unit is now an independent firm with a $500m fund anchored by its former parent.
DataRobot performs $270m funding task
The Recruit, Intel, New York Life, Cisco and Citi-backed enterprise AI platform developer increased its valuation to $2.7bn and its overall funding to about $500m.
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