FUNDRAISING

Israel`s Gamida Cell raises $40 million for bone marrow trial

Israel`s Gamida Cell raises $40 million for bone marrow trial

Published 19/06/2017

Israel's Gamida Cell, which is developing cellular therapies to treat cancer and rare genetic diseases, said on Monday it raised $40 million to finance the advanced trial of its product NiCord to facilitate bone marrow transplants.

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Yao Ming`s PE firm seeks $250 mln for overseas sports assets with China angle

Yao Ming`s PE firm seeks $250 mln for overseas sports assets with China angle

Published 29/05/2017

Basketball - NBA Global Games - Shanghai, China - 09/10/16. Houston Rockets v New Orleans Pelicans Former Houston Rockets player Yao Ming is seen. REUTERS/Aly Song

Yao Capital, the Chinese private equity firm co-founded by former NBA superstar Yao Ming, said it aims to raise $250 million for its first U.S. dollar fund that will invest in overseas sports assets with relevance to the Chinese market.

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China`s Didi to raise $5 billion for overseas expansion

China`s Didi to raise $5 billion for overseas expansion

Published 27/04/2017

The logo of Didi Chuxing is seen at its headquarters in Beijing, China, May 18, 2016. REUTERS/Kim Kyung-Hoon/File Photo

Didi Chuxing, China's top ride-hailing firm, is set to raise a $5 billion funding round that values the company at about $50 billion.

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Uber rival Lyft looking to raise $500 mln fresh funds: source

Uber rival Lyft looking to raise $500 mln fresh funds: source

Published 03/03/2017

A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. REUTERS/Lucy Nicholson/Files

(This March 1 story has been refiled to correct paragraph four to say Qatalyst Partners was retained to assist with a possible acquisition instead of fundraising.)

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Ofo, Chinese bike-sharing firm, raises $450 million in latest funding round

Ofo, Chinese bike-sharing firm, raises $450 million in latest funding round

Published 01/03/2017

Students pose for pictures as they use ofo sharing bicycles at a campus in Zhengzhou, Henan province, China, September 6, 2016. China Daily/via REUTERS/File Photo

Chinese bike-sharing start-up ofo said it has raised $450 million in a fresh round of funding, as the firm faces up against deep-pocketed rival Mobike in one of the hottest sectors to attract tech investors.

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Global fund raises $12.9 billion to fight AIDS, TB and malaria

Global fund raises $12.9 billion to fight AIDS, TB and malaria

Published 19/09/2016

Canada's Prime Minister Justin Trudeau makes closing remarks to the Fifth Replenishment Conference of the Global Fund to Fight AIDS, Tuberculosis, and Malaria in Montreal, Quebec, Canada September 17, 2016. REUTERS/Christinne Muschi

A global fund has raised over $12.9 billion from international donors as part of a campaign aimed at effectively eradicating AIDS, malaria and tuberculosis by 2030, conference organizers said on Saturday.

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