Line raises share price range in advance of IPO

Line, the mobile messaging application known for its use of animated characters it calls stickers, has raised the proposed deal size for its upcoming IPO, Renaissance Capital reports. The Tokyo, Japan-based company now plans to raise $1.07 billion by offering 35 million shares at a price range of $28.50 to $32.50, about 5 percent higher than its previous range.

Canadian startups attracting more big VC rounds

Canada’s top 10 second-quarter venture financings attracted more than US $340 million from investors, up 60 percent from sums invested into the top 10 deals a year ago, according to PE Hub Canada. The two largest rounds went to DalCor Pharma, a developer of cardiovascular therapies, and Real Matters, a provider of real estate analytics software.

Via Venture Partners raises $150M for third fund

Via Venture Partners, a Denmark-based multi-stage investor focused on the Nordic countries, has raised $150 million for a third fund that will invest principally in software, technology and service companies.

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Recent Investments

Zoox

$200M / Venture

Zoox is developing fully autonomous vehicles. The Palo Alto-based company reportedly has a $1B valuation. In March 2016, Zoox secured its permit to begin testing its self-driving car in California.

Categories:

Menlo Park · Consumer · Manufacturing · Autonomous Vehicles · Automotive

Founders:

Tim Kentley-Klay, Jesse Levinson

Investors:

Draper Fisher Jurvetson (DFJ), Lux Capital

BookMyShow

$82M / Venture

BookMyShow is a movie and entertainment ticketing portal. The Indian company sold 100M tickets last year and recently entered the South East Asian markets. BookMyShow will use the new funding to roll out new and exclusive entertainment experiences and enhance its offerings.

Categories:

Mumbai IND · Online Auctions · Digital Entertainment · Ticketing

Founders:

Ashish Hemrajani, Parikshit Dar, Rajesh Balpande

Investors:

Stripes Group (Lead), Network18, SAIF Partners, + 1 more

HourlyNerd

$22M / Series C

HourlyNerd is an online marketplace that connects business with independent consultants. The Boston-based company’s user base includes a network of 25K business expert suppliers servicing 5K companies around the world, including nearly 10% of the Fortune 1000. HourlyNerd has raised over $33M in total funding to date.

Categories:

Boston · Enterprise Software · Small and Medium Businesses · Consulting · Professional Services

Founders:

Rob Biederman, Pat Petitti, Peter Maglathlin, Joe Miller

Investors:

General Catalyst Partners (Lead), Highland Capital Partners, Greylock Partners, + 3 more

More Investments
Company Amount / Round Lead Investor
Neogrowth $35M / Series D
CureFit $15M / Series A
Nightbalance 12M EUR / Series B INKEF Capital
ADENTS HTI 12M EUR / Venture Naxicap Partners
Skioo $6.1M / Series A
Network Locum 5.3M GBP / Series B BGF Ventures
Flyability $4.3M / Series A
Netki, Inc. $3.5M / Seed Oreilly AlphaTech Ventures
Echobox $3.4M / Venture Mangrove Capital Partners
Zizoo 1.7M EUR / Seed
Instabridge $1.0M / Series B Draper Associates
All Recent Funding Activity

Recent Acquisitions

Intelligrated

Acquired by Honeywell for $1.5B

PAYMILL

Acquired by Klik & Pay

More Acquisitions
Company Acquired by Amount
TicBits Animoca 2.4M EUR
Phoon Huat Standard Chartered Private Equity
GE Asset Management State Street Corporation
Aurum Healthcare Accuron Technologies
Readify Telstra
GemSeek Consulting Future Thinking
All Recent Acquisition Activity
 

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