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Axios Pro Rata

Venture Capital Deals

• BAIC BJEV, the electric vehicle unit of Beijing Automotive Group, has raised around $1.6 billion in Series B funding at a $4.2 billion post-money valuation. Backers include China Cinda Asset Management Co. and Zhongji Investment. http://clk.im/SkMe

? Ankon Technologies, a China-based developer of an endoscopy system for diagnosing stomach cancer and other gastric diseases, has raised $100 million in new VC funding from SBCVC, Dazhong Investment, Youshi Capital and Tongsheng Capital. http://clk.im/kTi4

• TuneIn, a San Francisco-based online radio company, has raised $50 million in new VC funding at around a $500 million valuation (per Bloomberg). Marker LLC and Comcast Ventures co-led the round, and were joined by Sequoia Capital, Causeway Media Partners and General Catalyst. http://clk.im/lwTN

• Ucpass, a Chinese provider of cloud communications services, has raised around $45 million in Series B funding. Mangrove Capital led the round, and was joined by M800 and return backer Legend Capital. http://clk.im/1LLc

• HomeLight, a San Francisco-based residential real estate marketplace, has raised $40 million in Series B funding. Menlo Ventures led the round, and was joined by Citi Ventures and return backers Zeev Ventures, SGVC, Crosslink Capital and Innovation Endeavors. http://clk.im/mvXD

? Vicarius Pharma, a Swiss provider of pharma commercialization services in Europe for U.S. biotechs, has raised around $22 million in Series A funding led by former Biogen CEO James Mullen. http://clk.im/JRHC

• Here Be Dragons, a Los Angeles-based VR content studio, has raised $10 million led by Discovery Communicationshttp://clk.im/9qfY

• Altaeros, a Somerville, Mass.-based developer of an aerial platform to bring low-coast broadband to rural communities, has raised $7.5 million in new VC funding from SoftBankhttp://clk.im/eviT

? Silversheet, a Los Angeles-based medical credentialing startup, has raised $5 million in Series A funding. Summation Health Ventures led the round and was joined by Upfront Ventures, Rincon Venture Partners and Slow Ventures. www.silversheet.com

• IOpipe, a Seattle-based application operations platform for AWS’s Lambda service, has raised $2.5 million in seed funding from Madrona Venture Group, NEA and Underscore VC. http://clk.im/37Ke

• Poncho, a New York-based digital weather information service, has raised $2.4 million in seed funding led by Lightspeed Venture Partnershttp://clk.im/O07i

• Pondera Solutions, a Sacramento, Calif.-based provider of security software to the government tech sector, has raised an “eight-figure” Series A funding round from Serent Capital and Impact Venture Capitalwww.ponderasolutions.com

Source: https://www.axios.com/pro-rata-2473205163.html

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