ATHM - Venture Capital Deals Of The Week: Ant Financial Gets $14B Ahead Of IPO
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Largest single fundraiser ever: Alibaba’s (BABA) Ant Financial raised $14B, the largest single fundraiser for a private company. Investors included T. Rowe Price (TROW), Warburg Pincus, GIC, Silver Lake, Temasek, and The Carlyle Group, to name a few. The round included an RMB tranche for Chinese investors and a US dollar tranche for others. Ant’s valuation now reportedly stands at $150B.
In February, Alibaba announced its