Catherine Badour
Johnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
Japan’s SoftBank Corp (9984.T) plans to lead another investment round in Katerra that would value the California-based construction company at more than $4 billion, the Information reported on Monday.
The operator of South Korea’s largest food delivery app has secured a $320 million investment from Hillhouse Capital, Sequoia Capital and GIC, it said on Thursday, in a deal that values the startup at about $2.6 billion.
Online food delivery company Swiggy said it had raised $1 million in its latest funding round, led by South African internet group Naspers Ltd (NPNJn.J).
U.S.-Israeli enterprise security provider Avanan said on Monday it raised $25 million in a funding round from existing investors StageOne Ventures, Magma Venture Partners and Greenfield Partners.
Luckin Coffee, an up-and-coming coffee chain with ambitions to challenge Starbucks Corp in China, said on Wednesday it has raised $200 million in its latest funding round, increasing the company’s valuation to $2.2 billion.
Chinese artificial intelligence provider Megvii Inc, commonly known as Face++, is targeting to raise $500 million in a new funding round that pegs the current valuation of the firm at $3.5 billion, sources told Reuters.
Beijing ByteDance Technology Co, one of the world’s most valuable startups, is in talks to raise about $1.45 billion (9.97 billion yuan) to invest in artificial intelligence and media content, The Information website reported on Friday.
Ride-hailing company Lyft Inc beat bigger rival Uber Technologies UBER.UL in filing for an initial public offering that will test investor appetite for high-profile but loss-making technology companies, Reuters reported.
New cryptocurrency exchange ErisX said Tuesday it raised a total of $27.5 million from investors including Fidelity Investments and Nasdaq Ventures.