The Native has invested about $9m in online auction operator Paddle8 and has an option to increase its stake from 15% to 51% if it chooses.
Month: January 2018
3one4 Capital accesses Reliance for second fund
A Reliance Industries subsidiary has contributed to the Indian venture firm’s $39.3m 3one4 Capital Fund II, which will invest up to $2m per deal.
Aledia aligns with corporates for series C
Intel Capital and existing backer Ikea contributed to a $37.4m round that increased the 3D LED display developer’s total funding to about $81m.
Corporates lift Hover to $25m
GV led the design modelling platform’s latest round, which also featured strategic investors Home Depot and Standard Industries.
Occipital scopes $15m in series C funding
Foundry Group has led the first close of the Intel and JF Shea-backed computer vision technology developer’s latest round, taking its total funding to $35m.
Restorbio realises IPO ambitions
The respiratory tract infection therapy developer, which counts Novartis and PureTech Health as investors, has closed its IPO at $97.8m.
Matrixx absorbs $40m in series C round
The telecoms digitalisation software producer has raised cash from investors including CK Hutchison and existing backers Telstra Ventures and Swisscom Ventures.
AI Fund aces $175m fundraise
SoftBank is among the limited partners that have contributed to the artificial intelligence-focused incubator and venture capital fund.
Red Hat collects CoreOS for $250m
Infrastructure automation technology developer CoreOS, which had raised $48m from investors including GV and Intel Capital, has agreed to an acquistion by Red Hat.
Corporates to star in Stellaris fund
Venture capital firm Stellaris Venture Partners is targeting $100m for its first fund and has attracted Cisco, SAP and Infosys as limited partners.
SoftBank Vision Fund throws Wag a $300m bone
The fund will invest $300m in dog walking service Wag as part of a deal that will involve SoftBank’s Jeffrey Housenbold becoming its chairman.
Lufthansa helps unload $10m for Fleet
Freight shipping marketplace operator Fleet will put the proceeds from the series A round, which was led by Lufthansa and backed by UPS, into recruitment and product development.
Homebell swings to series B
SevenVentures, Helvetia Venture Fund and Axa Germany have participated in a $13.6m series B round for the home renovation services platform.
Duco engineers $28m funding round
The data engineering software provider has received capital in a round that included returning investor Nex Euclid Opportunities.