Catherine Badour
Swedish fund Vostok Emerging Finance led a 165 million reais ($50 million) investment in Brazilian financial-technology startup Creditas Soluções Financeiras Ltda, the company said on Monday.
Drugmaker Gilead Sciences Inc (GILD.O) said on Thursday it was acquiring privately-held Cell Design Labs Inc for up to $567 million, giving it access to new technology platforms that would help in the development of cancer drugs.
Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world, Reuters reported.
Chinese electric vehicle (EV) startup WM Motor Technology Co Ltd will receive a sizable injection from a group of investors led by Baidu Capital, a unit of Chinese internet search firm Baidu Inc (BIDU.O), WM Motor’s founder and chief executive told Reuters.
China’s Hellobike, a bike-sharing firm, said on Monday it has raised $350 million in its latest funding round and that investors included Alibaba’s Ant Financial.
Venture Capital firm Northzone, one of the largest stakeholders in Spotify, would like to see the music streaming company’s flotation in the spring, depending on market sentiment, one of its partners said on Thursday.
U.S. analytic software firm Uptake Technologies Inc said on Thursday it raised $117 million in venture funding, a deal that gave it a valuation of $2.3 billion, Reuters reported.
Chinese online healthcare services firm WeDoctor Group, backed by Tencent Holdings Ltd , is looking to raise about $500 million in private funding ahead of its market debut next year, IFR reported, citing people familiar with the matter.
French start-up Doctolib, an online booking platform for doctors, brought in listed investment firm Eurazeo in a 35 million euro ($42 million) fundraising aimed at speeding up its expansion in Germany, it said on Tuesday.
Members of Sweden’s Nobel family, best known for the prizes bearing their name, and the billionaire co-founder of Hargreaves Lansdown are backing a venture capital fund to invest in “sustainable” technology, manufacturing and service companies in Britain, Reuters reported.