The Google owner committed big money to Lyft and Airbnb as GV increased its late-stage deals, formed an AI fund called Gradient and exited from Snap and Cloudera in IPOs.
Month: December 2017
Eight figures out new funding
The Comcast-backed smart mattress developer has tapped undisclosed investors to take its total equity financing to more than $29m.
DMGT digs out a return from Skymet
Daily Mail and General Trust has sold shares in the weather and agricultural data platform as part of a series C round of undisclosed size.
Allianz takes a position at Bima
Insurer Allianz has invested $96.6m to become the largest strategic shareholder in mobile insurance and health platform Bima.
ExPace rockets to $182m
The commercial space launch company was founded by China Aerospace Science and Industry Corporation and China Sanjiang Space Industry Group.
Virgin Hyperloop One vacuums up $50m
DP World and Caspian Venture Capital provided the funding ahead of a planned series C round for Virgin Hyperloop One, which has now raised $295m in total.
SoftBank makes Lemonade in $120m series C
Digital insurance platform Lemonade has raised $120m at a $500m+ valuation, in a SoftBank-led round that included GV, Allianz and XL Innovate.
Respicardia inhales new funding
The implantable sleep apnoea device developer raised $58.5m in a Zoll Medical-led round that took its total funding past the $140m mark.
FollowAnalytics catches corporates to raise $11m
Orange Digital Ventures and Salesforce Ventures have contributed to a series B round that took the marketing technology developer’s overall funding to $27m.
Nahdet Misr promises startups new EdVentures
The educational publisher’s newly formed EdVentures unit will back edtech startups, supplying funding, resources, networking and expertise.
2017 Roundup: SoftBank
The telecommunications group raised almost $98bn for its Vision Fund and dominated the tech VC space in 2017.
Tier1CRM goes to another level to raise $34m
Salesforce Ventures and MassMutual Ventures both invested in the financial services CRM software producer as part of a Wavecrest Growth-led round.
Edenred tenders incubator scheme
France-based workplace mobility and benefits technology provider Edenred is to launch an internal incubator that will give its employees the chance to develop ideas that could support the company’s core businesses. Edenred Factory will invite bids in two categories – employee benefits, and fleet and mobility solutions – from now until February 2018. Two winning… Continue reading Edenred tenders incubator scheme
Casa houses $78m in IPO
Broadband software provider Casa Systems, backed by Liberty Global Ventures, has gone public in a downgraded initial public offering.