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Not one, but two new international unicorns emerged today: First, Edinburgh-based travel booking site Skyscanner announced a whopping $192M in new funding at a valuation of $1.6B, with new investors including Khazanah Nasional Berhad (the Malaysian government's strategic investment fund) and Yahoo! Japan. The Singaporean government's sovereign wealth fund, GIC, also participated in a unicorn deal announced this morning, for Indian e-commerce company Shopclues. GIC led the Series E round (amount was not disclosed, but it's reportedly in the range of the $150M to $200M), which boosts Shopclues' valuation to $1.1B. Meanwhile, current unicorns are continuing to raise. Uber announced yesterday that its Chinese business will get an undisclosed amount of investment from Chinese firm HNA Group, which values the company at $7B. That's still less than half of competitor Didi Kuaidi's $17B valuation, however. Despite all the talk about megarounds and unicorns, early-stage startups are the group that's setting recent investment records, according to Tomasz Tunguz of Redpoint Ventures. Of the $42B invested in startups in 2015, he finds, 34% (or about $14B) was raised in Series A and seed rounds.
Looking for info on current, emerging and exited billion-dollar startups? Check out the detail-rich CrunchBase Unicorn Leaderboard.
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