CITIC backs Ele.me

Shanghai-based online meal delivery start-up Ele.me has received $630 million in a Series-F funding, led by CITIC Private Equity Funds Management and Shenzhen-listed Chinese shopping mall operator Beijing Hualian Department Store.

Sigfox seeks $200 mn

Sigfox, a French start-up that makes low-cost wireless networks to connect devices using technology from World War-I, is seeking at least $200 million in financing as chief executive officer Ludovic Le Moan explores a Nasdaq listing, according to a Bloomberg News report. An IPO in the US by mid-2017 could be part of funding plans.

Snapchat hires CFO

Snapchat has named Drew Vollero vice-president of finance and acting chief financial officer. Vollero, who was senior vice-president of corporate strategy, development and investor relations at Mattel, will report to chief strategy officer Imran Khan.

iZettle raises $67 mn

Swedish payments start-up iZettle AB has closed an ^60-million ($67 million) Series-D funding, led by Intel Capital and Zouk Capital.

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