Chase Pharmaceuticals Corporation raises $21 million in a Series B financing round led by New Rhein Healthcare Investors, LLC.
Deals
Salesforce-backed Anaplan raises $100 million
Performance-management company Anaplan has raised $100 million in fresh capital, it said Tuesday, joining a growing roster of enterprise companies winning private funding even as that sector wilts in the public markets.
EU mergers and takeovers (May 13)
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS
Fighting fakes: ahead of IPO, Alibaba takes a tougher line
Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
China cements deal with Kenya to fund railway construction project est. $3.8 billion
Sunday Kenya made an agreement with China to finance 90% of the 609.3 kilometer railway project in Nairobi with cost estimate of SH 327 billion or $3.8 billion.
Latest News
The Florida Venture Forum will host its seventh annual Early Stage Conference May 15 together with the 4th Annual Statewide Collegiate Business Plan Competition in Florida attended by 20 choice ventures positioned for equity financing.
Singapore-based asset manager Dymon Asia Capital has received a commitment worth $500 million from Temasek Holdings to start a hedge fund seeding venture at a time the Asian industry is starting to recover after six years of sluggish growth.
Edison Ventures announces the acquisition of Andera Inc. for 44.5 million by Bottomline Technologies today. Charlie Kroll, Founder and CEO at Andera Inc. comments:
Shakr Media hooks $2.3 million in a Series A round to expand tech platform. Their sole investor is POSCO Venture Capital, who assisted with receiving funds from the South Korean government.
iZettle, Swedish mobile company, pockets $55.5 million in a series C round led by Zouk Capital with other participants such as Dawn Capital, Intel Capital, Creandum, Greylock, Index, Northzone, and SEB.
India-based LimeRoad, an online ecommerce company, lands a $15 million Series B funding round led by Tiger Global on Tuesday. Other participants include Lightspeed Venture Partners and Matrix Partners India.
Part-way through Alibaba Group Holding Ltd's long-awaited IPO prospectus was a subtle, but striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests.
European-based Planday raises $3.75 million in seed funding through sole investor Creandum. Christian Brondum, CEO of Planday, describes the new partnership:
Alibaba Group Holding Ltd may be making its debut on Wall Street later this summer, but it's certainly no stranger to the investors of Silicon Valley.
