Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Airbnb confirms it raised $1.5B in new funding this summer
Airbnb has confirmed it has raised $1.5 billion in new funding for its on-demand accommodations platform. The company disclosed the new investment in an SEC filing today that gives it a reported valuation of around $25 billion, making it one of the most valuable companies in the world (at least on paper), next to Xiaomi ($45 billion) and Uber ($62.5 billion).
In June, The Wall Street Journal reported that the company was raising $1.5 billion, with the round being led by General Atlantic Inc., Hillhouse Capital Group of China, and Tiger Global Management.
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One Medical raises $65M to fuel market growth
The tech-driven primary care provider One Medical says it’s raised another $65 million chunk to help it continue to grow.
The funding round was led by J.P. Morgan Asset Management, with participation from some other new, but unnamed, investors. Some of One Medical’s existing investors — like Benchmark, Google Ventures, Oak Investment Partners, Redmile Group, and Maverick Capital — also participated in the round.
Tencent’s new $3.5M seed-stage fund aims to help small businesses in South Africa sell on WeChat
Barely two weeks after launching its peer-to-peer mobile wallet in South Africa, Tencent announced on Tuesday a new $3.5 million seed-stage fund to get small businesses and startups in the country selling their goods and services on WeChat, its popular mobile messaging app.
Specifics relating to expected amount per investment/deal were not disclosed.
This list will be updated with breaking funding news all day. Check back for more.
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