The cryptocurrency news platform and blockchain protocol developer has received $15.8m from investors including Bitmain and QF Capital.
Month: March 2018
MedGenome scans HDFC in $40m series C
India-based genomics diagnostic test provider MedGenome has attracted $10m from financial services group HDFC Bank to close its series C round at $40m, Inc42 has reported. Two HDFC subsidiaries, insurer HDFC Life and HDFC Asset Management, joined their parent company in adding to the $30m series C first tranche MedGenome closed in August 2017. Investment… Continue reading MedGenome scans HDFC in $40m series C
Magic Leap surpasses $960m in series D
Public Investment Fund provided $400m as the AR technology developer took a round backed by Alibaba, Google and Grupo Globo to $963m.
Cisco sends cash to IDG Ventures India
Cisco Investments, the corporate venturing arm of networking equipment manufacturer Cisco, has committed an undisclosed amount to venture capital firm IDG Ventures India’s third fund, the Economic Times reported on Tuesday. IDG Ventures India had initially targeted a $200m close for the fund but achieved a $208m close in 2017. The size of Cisco’s investment… Continue reading Cisco sends cash to IDG Ventures India
Acacia undertakes initial global offering
Lundbeck and Novo-backed nausea and vomiting therapy developer Acacia Pharma raised $49.6m in its initial global offering in Brussels.
Owlstone Medical inhales $15m
Insurance firm Aviva has co-led a round for Owlstone Medical, developer of a breathalyser that will help detect lung and colorectal cancer.
Douyu gets to next stage with $630m Tencent investment
Tencent has been an investor in the game streaming platform since early 2016, the same year the companies formed a strategic partnership.
Trizic tracks down $10m
FIS made a strategic investment as part of a series A round that lifted the wealth management software provider’s overall funding to more than $18m.
Wipro tries on Denim with strategic investment
Cybersecurity technology provider Denim Group has agreed to an $8.8m investment by Wipro in return for a 33% stake.
Chorus quiets down
Chorus, which had raised seed capital from Chernin Group and UTA Ventures, has elected to shut down its group fitness app shortly after its launch.
Panasonic joins Scrum to create BeeEdge
The BeeEdge accelerator, formed by Panasonic and Scrum Ventures, will launch startups based on underutilised Panasonic technologies.
Unum unveils $86m IPO filing
The immuno-oncology therapy developer, which is backed by Novo, Sanofi, EMS and Seattle Genetics, has raised $77m in venture funding.
Guanghe Xinzhi chalks up $19m
Tencent and Legend Capital provided the series C funding, which followed a $14.5m round for the online education provider 10 months ago.
NestAway confirms $51m booking
Goldman Sachs has put up $19m for the Flipkart-backed rental services provider’s latest round, taking its funding past the $90m mark.