Tech Company Financing Transactions
Grab Funding Round
On 8/3/2018, Grab raised $2 billion in investment from All-Stars Investment, China Cinda Asset Management and Lightspeed Venture Partners.
Transaction Overview
Company Name
Announced On
8/3/2018
Transaction Type
Venture Equity
Amount
$2,000,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to expand the range of O2O services it provides in Southeast Asia and to grow into becoming a super app for people in the region.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
28 Sin Ming Ln. 01-143
Midview City, 573972
Singapore
Midview City, 573972
Singapore
Phone
Website
Email Address
Overview
Formerly Known as GrabTaxi, Grab is Southeast Asia's leading ride-hailing platform. We solve critical transportation challenges and make transport freedom a reality for 620 million people in Southeast Asia.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 8/3/2018: Willow venture capital transaction
Next: 8/3/2018: TalentSky venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs