Deals of the Week: Hashicorp goes Unicorn, Chinese Coffee Burns Cash and Grab Gets Bumper Funding

Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus......»»

The new cash infusion comes a little over a year after a buyout by private equity and venture firm Insight Partners......»»

With SpaceX and Faraday Future closing deals in the coming months, other #TechLA companies announced more than a billion dollars in funding this week......»»

Seven companies this past week collected about $55.6 million in reported funding deals and securities offerings. Click on the links below for more details about the transactions, which often foreshadow hiring and other expansionary moves • Alert.....»»

Banks stand to lose more than $100 million from a loan they made to the chairman of Luckin Coffee Inc. whose share price plunged after the Chinese coffee chain last week said much of its 2019 sales were fabricated......»»

Toyota Motor Corp. is pumping $400 million into Pony.ai, a Chinese startup led by former Baidu and Google self-driving car executives whose U.S. headquarters is in Fremont. The company said the new funding is part of a $462 million round that valu.....»»

Each week we wrap up recent funding activity, from company announcements to .....»»

ClassPass is now worth more than $1 billion, after raising new cash from investors, the startup said on Wednesday. The latest funding marks the fitness class subscription app’s entry into the unicorn... To view the full story, click the title link......»»

U.S. IPO Weekly Recap: Small Chinese And Healthcare Deals Price Down In An 8-IPO Week.....»»

China’s two leading mobile-payment platforms announced this week that they will begin allowing foreign visitors to utilize their digital wallets on the Chinese mainland......»»

Flows into money market funds have increased nearly every week since U.S.-China trade deals hit their first serious roadblock back in May, another sign of increasingly gloomy investor behavior......»»

A key borrowing cost for Wall Street remained elevated on Tuesday near the end of the quarter even after the Federal Reserve injected $30 billion in longer-term cash into the U.S. banking system a week after turmoil in money markets......»»

The Federal Reserve on Tuesday injected longer-term cash into the U.S. banking system in an effort to meet the funding needs of banks and Wall Street following a bout of turbulence in money markets last week......»»

Last week saw $42.1M in funding deals and securities offerings, including smaller deals for brain tracking technology and paleo-based baby food......»»

The fintech startup is darn close to achieving "unicorn" status. Blend has raised $130 million in new venture capital funding. The cash injection likely puts the San Francisco-based fintech startup within striking distance of ̶.....»»

Upland Software led this week's funding wrap by raising $138.6 million through a public offering of shares......»»

Luckin Coffee, the Chinese challenger to Starbucks, is going public this week. It's official launch was only early last year, but it's already waging a caffeine war against its U.S. rival in China. Michelle Hennessy reports......»»

Luckin Coffee, the Chinese challenger to Starbucks, is going public this week. It's official launch was only early last year, but it's already waging a caffeine war against its U.S. rival in China. Michelle Hennessy reports......»»

On deals and dealmakers. THE UNICORN PARADEDeals, deals, deals. Here are three to have on your radar today: $200 MILLION: Grofers, an India-based online grocery startup, raised $200 million in funding from investors including SoftB.....»»

Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Monday filed for an initial public offering with the U.S. Securities and Exchange Commission, after being valued at nearly $3 billion in its latest round of funding......»»