Wal-Mart said to pursue purchase of etailer Jet

Wal-Mart Stores is in talks to buy online discount retailer Jet.com, according to a Wall Street Journal article citing unnamed sources. Hoboken, New Jersey-based Jet has previously raised $565 million in venture funding.

VIPKID, a company that links native English speakers with Chinese students for language learning, has raised $100 million in Series C funding, according to a TechCrunch report that listed Yunfeng Capital and Sequoia Capital as some of the investors in the round.

China’s HNA invests $336M in RocketSpace

China’s HNA Group is investing $336 million to lead the global expansion of RocketSpace, a San Francisco-based technology campus that has provided space for scores of high-profile startups including Uber, Spotify and Supercell.

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Recent Activity on CrunchBase

166

Funding Rounds Added

35

Acquisitions Recorded

$2.2B

Fundings
Captured

77,624

Entities
Updated

Recent Investments

Go-Jek

$550M / Venture

Go-Jek is a motorbike taxi on-demand service. The Jakarta, Indonesia-based company has 200K drivers in its fleet and 20M app downloads to date. Go-Jek reportedly has a post-money valuation of $1.3B.

Categories:

Jakarta IDN · Apps · Delivery · Transportation · Food Processing

Founders:

Michaelangelo Moran, Dayu Dara Permata

RocketSpace

$336M / Series B

RocketSpace is an accelerator for tech startups. The San Francisco-based company’s alumni includes 16 unicorns such as Uber, Cheetah Mobile, and Blippar. RocketSpace recently announced plans to expand into London, and will use the new investment from HNA Group to expand into China.

Categories:

San Francisco · Coworking

Founders:

Duncan Logan

Investors:

HNA Group

Vipkid

$100M / Series C

VIPKID connects Chinese children with native English speakers for one-to-one online language lessons. The Beijing-based company claims to have half a million registered students in China and 3K instructors on its platform.

Categories:

Beijing CHN · Internet · Education · E-Learning

Founders:

Jessie Chen, Cindy Wenjuan

Investors:

Yunfeng Capital (Lead), Sequoia Capital

More Investments
Company Amount / Round Lead Investor
Hulu $580M / Time Warner
Yieldbot $35M / Series C Staley Capital Advisors
TransferWise $26M / Series E Baillie Gifford
raksul $20M / Series D Development Bank of Japan, Fidelity Investments
Velostrata $18M / Series B Intel Capital
Drizly $15M / Series B Polaris Partners
Axial $14M / Series C Edison Partners
Spot.IM $13M / Series A
AirHelp $12M / Series A
Funding Societies $7.5M / Series A Sequoia Capital
Panoply.io $7.0M / Series A Intel Capital
Owlchemy Labs $5.0M / Series A Qualcomm Ventures
LegalVision $4.2M / Series B Gilbert + Tobin
VaultRMS $1.3M / Seed Bill Miller, Keshif Ventures
City Pantry 1.1M GBP / Seed London Co-Investment Fund, Angel CoFund
All Recent Funding Activity

Recent Acquisitions

Rocket Games

Acquired by Penn National Gaming for $170M

More Acquisitions
Company Acquired by Amount
Assurex Health Myriad Genetics $225M
Sizmek Vector Capital $122M
CloudStrategies BCM One
All Recent Acquisition Activity
 

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Start Date Event Location
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