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Series E And Later

Outreach re-engages with investors to raise $114m
M12 returned to help provide series E funding for customer engagement platform developer Outreach, which has more than doubled its valuation to $1.1bn in under a year.
Sila Nano recharges with $170m
Battery materials developer Sila Nanotechnologies is preparing for commercialisation, after Daimler led a series E round that included Siemens Next47.
Xingpai increases Ucommune commitment
Beijing Xingpai Group has returned a second time to invest $29.8m in Ucommune through a real estate affiliate, two months after reports the co-working space provider was preparing an IPO.
Toast orders up $250m in series E funding
GV-backed restaurant management platform developer Toast is now valued at $2.7bn, having secured funding in a round co-led by TCV and Tiger Global Management.
Mobvoi looks to mobilise $100m in funding
Voice interface technology developer Mobvoi, backed by Alphabet and Volkswagen, is looking to raise $100m at a $1bn valuation before seeking an initial public offering in Shanghai.
OptiScan scoops up $20m
The Mitsui-backed glucose monitoring technology provider will use the series E proceeds to fund the commercialisation of its device in the US.
Delhivery picks up another $413m
Three weeks after reports suggested SoftBank Vision Fund had led a $395m series F round for e-commerce delivery service Delhivery, the size has been confirmed as $413m.
Rent the Runway models $125m investment
The Advance Publications-backed clothing rental service is now valued at $1bn, having received $125m from a consortium co-led by Franklin Templeton Investments and Bain Capital Ventures.

Other News

OpenDoor closes $300m in funding
The real estate services platform secured the cash at a $3.8bn valuation, with Lennar, SoftBank Vision Fund, Access Technology Ventures and new investor GV all participating.
Wish yearns for $300m in new round
General Atlantic and a range of unidentified backers are exploring a $300m investment in Wish that would value the Legend Capital-backed e-commerce marketplace at $11bn pre-money.
Hyundai and Kia mobilise $300m Ola investment
Hyundai and Kia Motors have committed a combined $300m in funding to Ola as part of a strategic partnership that will drive an expansion of the latter’s electric vehicle fleet.
Royole flexes $1bn funding muscles
Flexible display manufacturer Royole is seeking $1bn in funding as it prepares for an initial public offering that could provide an exit to Yuexiu Group.
Mswipe collects series E funding
The Ola-backed point-of-sale technology developer has received a further $31.5m from some of its existing investors, according to regulatory filings.
Byju's takes more Tencent funding
Existing investors Tencent and General Atlantic have supplied up to $11.4m of additional funding for Byju's, which was valued at at least $3.6bn as of December.

Editor's Picks

Big Deal: Vision Fund makes billion-dollar Grab
SoftBank Vision Fund invested $1.46bn to take Grab's series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.
DoorDash reaches series F with $400m
The last-mile consumer goods delivery service has almost quadrupled its valuation in under a year, as SoftBank Vision Fund returned for a $400m round.
Oyo completes $1bn booking
Didi Chuxing has invested $100m in the hotel platform, allowing Oyo to close a $1bn round led by SoftBank Vision Fund and backed by Grab.
Large Investment of the Year: Lyft
Having significantly increased its market share in the US in recent years, on-demand transportation company Lyft recently appointed JP Morgan to lead its planned initial public offering (IPO) with an estimated valuation of $15.1bn.
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