Tencent helps serve up $100m for Flipdish
Internet and gaming group Tencent led a funding round for Flipdish, the Ireland-based developer of a customer experience software platform, sized at approximately $100m, highlighting the steady digitalisation of the hospitality industry.
Roche rounds up $290m for Freenome
Pharmaceutical firm Roche invested $290m in US-based cancer detection technology developer Freenome, whose platform combines molecular biology and machine learning to detect cancer in the early stages through a routine blood draw.
Placer.ai finds space for $100m
Commercial property developer Majestic Realty took part in a $100m series C round for US-based footfall data software provider Placer.ai, bringing its overall funding to $166m and valuing the company at $1bn. It is the latest investment by a property developer in the building analytics space.
GoStudent grabs $340m in series D
Austria-based online tutoring services provider GoStudent has closed a $340m series D round led by internet group Prosus at a $3.4bn valuation.
Tul twigs to $181m series B
Colombia-headquartered hardware marketplace Tul has secured $181m in series B funding from investors including SoftBank’s Latin America Fund, as construction technology continues to prosper in Latin America.
Delivery Hero gets $150m Rappi return
Local food delivery service provider Delivery Hero has sold $150m of shares in Colombia-based delivery service Rappi, as food delivery services continue to grow around the world.
SoftBank gets $100m to Gousto
Internet and telecommunications conglomerate SoftBank’s Vision Fund 2 has invested $100m in UK-based meal kit subscription service Gousto with a combination of new and secondary share purchases at a valuation of $1.75bn.
Carsome drives to $290m in series E
Malaysia-based automotive marketplace operator Carsome received $290m in series E funding from investors including conglomerates Gokongwei Group, Sunway and YTL Group as the online used car market booms.
New York Times agrees $550m Athletic purchase
Media company The New York Times has agreed to purchase US-headquartered online sports media platform The Athletic in a $550m deal that allows media group Bertelsmann and mass media company Comcast to exit.
Mitsubishi Electric mints corporate VC vehicle
Japan-based electrical equipment manufacturer Mitsubishi Electric launched the $43.7m ME Innovation Fund with venture capital firm Global Brain.