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Top 10 Venture Capital Investments In June

by trusted insight posted 7years ago 3890 views
Venture Capital

Back to work from the July 4th fireworks, it’s time for another monthly roundup of the venture capital world. June saw an unusual preponderance of hundred-million-dollar deals as well as unexpected moves by new players.

Fenqile, a Chinese online-shopping site, which also offers users micro-loans to buy things, tops the list with its latest round of $235 million led by Huasheng Capital. Huasheng is a venture capital unit of China Renaissance Partners, which just recently led a walloping $1 billion round in Chinese O2O real estate startup Lianjia in April.

E-commerce was a VC hotspot in June. Three of the top 10 investments went into e-commerce startups, all exceeding $100 million. Artificial intelligence, software and cloud computing were also some of the investors’ favorite buzzwords.

Twitter Ventures, which walked away from a potential acquisition deal of music streaming startup SoundCloud two years ago, turned around and invested $70 million in the same company, which raised a few eyebrows and made multiple headlines. It was the largest round SoundCloud has raised yet.

Here are the 10 biggest venture capital funding activities in June:

 

1) Lead Investor: Huasheng Capital
Startup: Fenqile
Industry: E-Commerce, Financial Services
Funding Amount: $235 million, Series D
Valuation: ~$3 billion

2) Lead Investor: Goldman Sachs Investment Partners
Startup: SMS Assist
Industry: Cloud-Based Platform, Management Software
Funding Amount: $150 million, Series D
Valuation: $850 million

3) Lead Investors: Invus
Startup: Thrive Market
Industry: E-Commerce
Funding Amount: $111 million, Series B

4) Lead Investors: Continuity Fund (Y Combinator), Cascade Investment, Baillie Gifford, Allen & Company
Startup: Ginko Bioworks
Industry: Biotechnology
Funding Amount: $100 million, Series C

5) Lead Investors: Blackstone Tactical Opportunities, Insight Venture Partners
Startup: Cylance
Industry: Artificial Intelligence, Cyber Security
Funding Amount: $100 million, Series D
Valuation: $1 billion

6) Lead Investor: China Mobile Innovative Business Fund
Startup: Liepin
Industry: Recruiting Platform
Funding Amount: $100 million, Series D

7) Lead Investors: Northern Light Venture, New Horizon
Startup: Beibei.com
Industry: E-Commerce
Funding Amount: $100 million, Series D
Valuation: $1 billion

8) Lead Investor: Data Collective
Startup: Tradeshift
Industry: Software, Cloud Computing
Funding Amount: $75 million, Series D

9) Lead Investor: Twitter Ventures
Startup: SoundCloud
Industry: Music
Funding Amount: $70 million, Series E
Valuation: $700 million

10) Lead Investor: Naspers
Startup: Udemy
Industry: Education Tech
Funding Amount: $60 million, Series D

 

Click here to see May’s Top 10 VC Investments

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