Reuters News
OpenView Venture Partners said it had raised a $250 million fund, its fourth, amid a strong environment for venture fundraising.
Cooking and provision website Food52 said on Tuesday it had raised $6 million in a new round of funding led by Alex Zubillaga of investment firm 14W, Reuters reported.
British biotechnology company Adaptimmune has raised $104 million in venture capital to fund its work in developing a new range of drugs based on immune-system cells, Reuters reported.
Canadian technology startup Bionym Inc said on Wednesday it has raised US$14 million in a new Series A round of funding led by U.S. venture capital firm Ignition Partners and Canadian firm Relay Ventures, Reuters reported. Toronto-based Bionym makes a wearable security device dubbed Nymi, which is set to go on sale later this year. Other investors in the company's latest round of funding include Export Development Canada, MasterCard and Salesforce Ventures, the corporate investment group of U.S. cloud computing business Salesforce.com.
Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese e-commerce juggernaut, Reuters reported.
Sidecar, a ride-sharing startup which competes with on-demand car services such as Uber and Lyft, said it raised $15 million from existing and new investors, including Virgin Group founder Richard Branson, Reuters reported.
Porsche Automobil Holding SE, the investment company which owns a majority stake in Volkswagen, on Friday said it had bought a 10 percent stake in Inrix, a U.S.-based firm specialized in analyzing crowd-sourced traffic information, Reuters reported.
Indian mobile messaging service provider Hike said it raised $65 million in fresh funding, led by New York-based investment firm Tiger Global, to spend on its product and expand its team, Reuters reported.
LendingClub Corp, the world's largest online marketplace directly connecting borrowers and investors, filed with U.S. regulators for an initial public offering of common stock, Reuters reported.
Marketing software provider HubSpot Inc, which has raised about $100 million in venture capital, on Monday registered for an initial public offering. The filing shows that VCs own 66 percent of the company, led by General Catalyst Partners, which owns about 27 percent.