Japan Airlines has invested in Boom and has an option to pre-order 20 of its developmental supersonic planes when they are launched in the mid-2020s.
Month: December 2017
Kespry records $33m in funding
Cisco Investments, Shell Technology Ventures and ABB Ventures all came on board for the aerial data provider’s series C round, taking its total funding to $61m.
Medlinker makes $60m appointment with corporate investors
China Electronics Corporation Data led the doctor-focused social media app’s latest round, which included existing investor Tencent.
Corporates pay for a piece of Obsidian
Alphabet, Takeda, ShangPharma and Amgen were among the investors in gene and cell therapy startup Obsidian Therapeutics’ $49.5m series A round.
Quanterix tracks route to IPO
Quanterix, a digital immunoassay developer backed by BioMerieux and Stratec, has raised $64.1m in its initial public offering.
Moda Operandi shows off $165m in funding
The Advance Publications and IGM-backed fashion e-commerce platform has now raised $297m since it was founded in 2011.
NGData customises $19m series C
ING-backed customer data software developer NGData will use the series C proceeds to accelerate international growth.
Fetch Robotics brings in $25m
Fetch Robotics, a US-based provider of robotics for the logistics sector, closed a $25m series B round yesterday that inlcuded telecommunications firm SoftBank and media company O’Reilly. Sway Ventures led the round and fellow venture capital firm Shasta Ventures also participated. SoftBank contributed through US subsidiary SB Group, while O’Reilly invested through corporate venturing unit O’Reilly… Continue reading Fetch Robotics brings in $25m
Viola tunes up corporate-backed fintech fund
Travelers Companies, Scotiabank and Bank Hapoalim are among the LPs for Viola FinTech, which has raised $100m of a $120m to $150m target.
NS8 confirms $7.5m seed round
The Bloomberg-backed cybersecurity startup will use the cash to expand in North America, Western Europe and India.
RDIF and Alibaba form internet investment alliance
State-owned investment vehicle Russian-Direct Investment Fund (RDIF) will join e-commerce firm Alibaba to invest in Russia-based internet companies, Interfax reported yesterday. The partnership will seek out online-based businesses looking to expand their operations internationally, as well as investments that improve Russia’s internet network infrastructure. RDIF has ties with Chinese government investors, having partnered the state-owned… Continue reading RDIF and Alibaba form internet investment alliance
Salesforce helps Simplus add series B funding
Enterprise services provider Simplus has closed a $9.3m equity round backed by Salesforce Ventures alongside $8.5m in debt supplied by SVB.
Hopu hopes for $2.5bn in latest fund
The China-based private equity firm has so far raised $1bn from limited partners including Mitsui & Co.
Dunzo gets series B funding done
Google has paid $10m for a 33.8% stake in Dunzo as part of a $12.5m series B round the company will use for geographical expansion.