Microsoft Ventures has contributed to a round featuring all Livongo’s existing investors, which include Merck, Wanxiang and Blue Cross Blue Shield of Massachusetts.
Month: March 2017
Nio nabs $87m in new funding
Baidu and Tencent have led the latest round for the smart electric vehicle developer formerly known as NextEV, with Lenovo and IDG Capital also contributing.
Nan Fung puts $300m into Pivotal fund
The property developer has backed the $300m first fund for Pivotal BioVenture Partners, a biotech venture firm formed by an ex-Roche Venture Fund investment director.
CNex stores Microsoft-led series C
CNex has now secured more than $60m from investors also including Cisco, Samsung, Seagate and Micron, after closing a Microsoft Ventures-led round.
LimeBike locks up $12m
The bike-sharing network has emerged from stealth with $12m in series A funding from investors including International Data Group’s IDG Ventures affiliate.
Leo Pharma gets some skin in the game
The dermatology product maker has invested in five digital health startups through its Leo Innovation Lab subsidiary.
Dyadic pairs off with Citi in $12m round
Citi Ventures has joined Goldman Sachs and Innovation Endeavors for a series B round that will help the cryptographic software developer boost its sales and marketing.
Gestigon gets acquired by Valeo
Valeo has acquired gesture tracking software provider Gestigon, providing an exit to corporate venturing vehicle Vorwerk Ventures.
Takeda scoops out Scohia with $87m
Innovation Network Corporation of Japan has joined forces with Takeda Pharmaceutical and Medipal Holdings to set up Scohia Pharma with an initial $87m in funding.
908 Devices detects corporates to raise $20m
Existing investors Schlumberger and Saudi Aramco returned to take part in a Tao Capital Partners-led round that boosted 908’s overall funding to almost $48m.
SolarisBank cashes $28m in series A funds
Bertelsmann subsidiary Arvato and SBI Group co-led the round, with the latter set to help financial services-as-a-platform startup SolarisBank expand into Asia.
Spectrum to add colour with venture capital unit
The healthcare provider has formed a corporate venturing subsidiary called Spectrum Health Ventures and will invest up to $100m in the next 10 years.
Maris to amass $100m for new fund
The ex-GV chief executive is reportedly set to close his $100m Section 32 fund in the next few weeks and will be the entity’s sole investing partner.
WayRay dashes to $18m
The company, which has now added Alibaba to its shareholders, is working on holographic augmented reality dashboards for smart cars.