The Indian ride hailing service, which closed a $330m SoftBank-backed round in February, has had a $100m convertible securities issue approved by its board of directors.
Month: April 2017
BMS locks in Padlock
Padlock raised about $18m since inception in 2013/14 by venture capital firm Atlas Ventures and academics Paul Thompson and Kerri Mowen from a consortium including a series A round with Johnson & Johnson and Merck Ventures, and later added Index Ventures and GlaxoSmithKline.
Corporate venturing deal net: 17-21 April 2017
Bloomberg Beta and BBG Ventures, respective subsidiaries of media group Bloomberg and online media company AOL, have contributed to a $7.5m series B round for US-based mobile communication technology developer GoTenna that was led by Union Square Ventures and backed by Walden Venture Capital, MentorTech Ventures and Collaborative Fund. GoTenna has now raised $17m in… Continue reading Corporate venturing deal net: 17-21 April 2017
Dome9 structures $16.5m series C round
SoftBank has led a series C round for Dome9 Security as part of a Japanese distribution agreement, taking the cybersecurity software provider’s total funding to $29m.
Onkos schedules $17.6m funding operation
Medical technology developer Onkos Surgical has raised $17.6m from investors including 3D printing equipment provider 3D Systems.
Nasdaq confirms strategic investment unit
The exchange operator’s Nasdaq Ventures unit will invest less than $1m up to $10m in strategically relevant companies from seed to late stage.
Avegant places new funds on series B round
Augmented reality technology developer Avegant has added $13.7m from backers including Intel Capital and Applied Materials to a round that now total $37.7m.
Clear scans $15m in new funding
Existing investor T. Rowe Price has provided $15m for biometric security technology provider Clear, which received funding from Delta Air Lines last year.
Getaround pulls in to $45m series C
Shanghai Automotive and a Toyota-backed venture fund were among the investors as the car sharing platform raised money at a reported $176m valuation.
SenseTime clocks in with $60m
Sailing Capital International led the facial recognition technology provider’s latest funding, which follows a $120m Dalian Wanda-backed round in December.
Vanke homes in on Lianjia in $436m deal
Online and offline real estate agent Lianjia has now raised near to $1.8bn in the past year, with property developer and strategic partner China Vanke its latest investor.
CyberGRX assesses $20m series B
Aetna Ventures, GV and MassMutual Ventures have committed funds to the latest round for cyberthreat detection platform CyberGRX.
Boston Scientific helps pump $23m into Neurotronik
Boston Scientific has led a $23.1m series B round for Neurotronik, a medical device devloper focusing on patients suffering from heart failure.
Amartino aims to boost Microsoft’s CVC investments
Microsoft Latin America, a subsidiary of the eponymous US-headquartered software provider, has appointed Mariano Amartino LATAM (Latin American) startups director. Amartino comes to Microsoft from Wayra, the accelerator branch of Spain-based telecommunications firm Telefónica’s OpenFuture initiative, where he was global director for two years. Amartino will be based in Argentina where he will be tasked… Continue reading Amartino aims to boost Microsoft’s CVC investments