17 January 2022 – Tencent Helps Serve Up $100m for Flipdish

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.


“Funky Chunk” Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0

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