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$500m And Above

Yuanfudao stays course to raise $1bn
Tencent-backed online learning platform developer Yuanfudao was reportedly valued at $15.5bn post-money in its series G2 round.
Uber Freight ships in $500m
Uber's freight services subsidiary has secured series A funding from Greenbriar Equity Group in a deal valuing it at $3.3bn post-money.
Northvolt recharges funding with $600m
Volkswagen has co-led a $600m round for Northvolt together with Baillie Gifford and Goldman Sachs, while Scania also returned.
Robinhood collects $660m series G
A month after receiving an initial $200m tranche from D1 Capital Partners, Alphabet and Roc Nation-backed Robinhood has increased its series G round $660m.
Klarna clasps on to $650m
Bonnier has bought into the payment services provider at a $10.65bn valuation alongside a $650m primary round led by Silver Lake.
Byju’s bags $500m
The online course and tutoring provider, which counts Tencent, BCC and Naspers as investors, bumped its valuation up to $10.8bn in the round.
Grab explores $500m for financial services offshoot
Prudential and AIA are reportedly in advanced discussions to invest in Grab Financial Group, which is seeking $300m to $500m in capital.
Yuanfudao organises $1.2bn round
The online education platform developer is reportedly lining up Tencent for a $1.2bn round that will value it at about $13bn.

Other News

SpaceX reaches new heights with $1.9bn
The Google-backed spacecraft provider celebrated its latest launch with $1.9bn from unnamed investors at a reported $46bn valuation.
JD Health books $830m appointment with Hillhouse
Hillhouse Capital is set to supply more than $830m for JD.com's pharmaceutical and medical services spinoff, which raised about $1bn last year.
Epic announces $1.78bn in funding
The $250m investment made by Sony in July was rolled into the Fortnite developer's latest round, which valued it at $17.3bn post-money.
Indigo colours in the rest of $535m round
The agricultural marketplace operator has completed the series F round's $360m second tranche, which followed a $175m first close featuring FedEx in January this year.
SenseTime speeds towards $1.5bn
The image recognition technology provider backed by Alibaba, Dalian Wanda, Suning and Qualcomm, reportedly expects to raise the cash at a $10bn valuation.
Xiaopeng expects to raise another $300m
The electric vehicle producer is adding $300m to an initial $500m in series C-plus funding as the Alibaba, Foxconn, UCar and Xiaomi-backed company gears up for a US listing.

Editor's Picks

Byju’s bags $500m
The online course and tutoring provider, which counts Tencent, BCC and Naspers as investors, bumped its valuation up to $10.8bn in the round.
Epic announces $1.78bn in funding
The $250m investment made by Sony in July was rolled into the Fortnite developer's latest round, which valued it at $17.3bn post-money.
Stripe upsizes series G to $850m
GV helped provide a further $600m for the online payment processor as it seeks to keep up with increased demand amid the coronavirus lockdown.
Airbnb adds $1bn in new round
Silver Lake and Sixth Street Partners supplied debt and equity financing for the Alphabet-backed online short-term accommodation platform at a $26bn valuation.
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