Stock exchange operator Deutsche Börse Group has contributed capital to Digital Growth Fund I, a growth-stage fund raised by Germany-based venture capital firm Digital+ Partners, Mondovsione has reported. The fund’s first tranche has been closed at approximately €132m ($139m), and it will invest in business-to-business software providers. It will provide between €20m and €30m for… Continue reading Digital+ Partners deals with corporates for growth fund
Month: March 2017
Velano Vascular draws another $17m
US-based blood testing device producer Velano Vascular raised $17m from investors including healthcare providers Sutter Health, Griffin Hospital and Children’s Hospital of Philadelphia on Tuesday. The round also featured an undisclosed publicly-traded healthcare company and global supplier, as well as First Round Capital, Kapor Capital, Safeguard Scientifics, White Owl Capital and unnamed angel investors from… Continue reading Velano Vascular draws another $17m
Veem realigns with $24m series B
NAB Ventures led the cross-border payment platform’s latest round, which included GV and which was raised as it rebranded from Align Commerce.
FBN reaps $40m in series C round
GV and Acre Venture Partners were among the returning investors as Farmer’s Business Network increased its overall funding to about $88m.
Corporates stream $90m to iFlix
Liberty Global and Zain joined existing backers Sky, Catcha and Evolution Media Capital to provide $90m that will help the streaming service expand into Africa and the Middle East.
Ping An bigs up Bigo in series C round
A Ping An subsidiary has led a series C round for the livestreaming platform developer that valued it at $400m and took its total funding to $180m.
Instacart rides investor interest to raise $400m
The grocery delivery service has secured series D funding at a $3.4bn valuation despite none of its corporate backers reportedly participating in the round.
GeoPost picks up portfolio company Stuart
Stuart has been acquired by its existing shareholder GeoPost, which had held a 22% stake since a $23m series A round in 2015.
Fincare embraces $75m
Tata, Kotak Mahindra Old Mutual Insurance and Edelweiss Tokio Life Insurance have contributed to a funding round for microfinance provider Fincare.
Confluent streams forward with $50m series C
LinkedIn-backed data streaming software provider Confluent took its overall funding to $81m in a round led by new investor Sequoia.
Airway lets in $6.3m
US-based lung disease therapy developer Airway Therapeutics completed a $6.3m bridge round on Monday that included healthcare provider Cincinnati Children’s Hospital Medical Center. The round also featured public-private partnership CincyTech, angel investor group Queen City Angels and undisclosed new investors. Airway is working on a protein replacement treatment for acute and chronic lung disease sufferers… Continue reading Airway lets in $6.3m
Fosun catches The Floow in $15.9m round
Fosun led a round that included United Electronics and existing investor Direct Line, and the telematics technology provider will use the cash for hiring and product development.
Auctionata Paddle8 shutters
The insolvent Hearst-backed online auction platform, which had raised more than $130m, is closing after failing to find interested investors.
CA Technologies secures Veracode in $614m acquisition
The Symantec cloud app security spinout is set to be bought for $614m in a cash deal that also provided exits for Telus and Tivo.