• bsi-innovation
  • bsi-learning
  • bsi-people
  • bsi-wealth

65 Companies Raised More Than $734.24M Funding Yesterday

Top deal – ASIA 

Ofo Bicycle

Ofo Bicycle, a bicycle-sharing platform, raised CNY 3B in a Series D round of funding from DST, Matrix Partners China, and others. Ofo has occupied 51.2% share of shared bicycle market share in China. Since June 2015, the number of connected bicycles has exceeded 1M, with more than 20M registered users.


Top Deal – Europe



ResearchGate, a provider of professional network for the scientific community to connect with each other to share and discuss research, raised $52.6M in a Series D round of funding from Wellcome Trust, and others. There are currently 12M registered members on ResearchGate, compared to 467M currently on LinkedIn.  


Top Deal – Maintenance/Repairs



Chefafa, an O2O car maintenance platform, raised CNY 10M in a Series A funding from Shenzhen Ginkgo Venture Capital and Quantum Capital. The company plans to expand across 300 cities with more than 3,000 stores, by 2020 to achieve 10B transactions.


Top Deals

  1. Motus GI Holdings, $30M, Private Placement, Israel
  2. Muse Bio, $23M, Series B, USA
  3. 24tidy, $21.8M, Series C, China
  4. Pypestream, $15M, Series A, USA
  5. WorkJam, $12M, Unattributed, Canada
  6. Celect, $10M, Series B, USA
  7. Belong, $10M, Unattributed, India
  8. Regent Education, $8.5M, Unattributed, USA
  9. CreditMantri, $7.68M, Series B, India
  10. Fortscale, $7M, Unattributed, USA
Posted on March 1, 2017

Leave a Reply

Your email address will not be published. Required fields are marked *


Contact us today to find out how we can make your business grow!
Ph: 02 9126 9100  Email: info@bsi.com.au
Level 9, Angel Place,123 Pitt Street
Sydney NSW 2000

© Copyright 2024 BSI