US-based automation technology developer WorkFusion received $50m in series E capital yesterday from investors including NGP Capital, the venture firm backed by telecoms firm Nokia and formerly known as Nokia Growth Partners. Hawk Equity and Declaration Partners co-led the round, while iNovia Capital and Georgian Partners also participated. WorkFusion enables enterprises to digitise their business… Continue reading WorkFusion buckles down with $50m
Month: April 2018
Eidos Therapeutics forms $64m series B
BridgeBio Pharma participated in a series B round for its subsidiary Eidos Therapeutics, which is working on treatments for a family of rare genetic diseases known as ATTR.
Anellotech melds remainder of $15m round
Suntory has released a $6m tranche to take its overall investment in chemical processing technology developer Anellotech to $30m.
Instacart grows series E to $350m
Following an initial $200m close two months ago, the Amazon, Amex and Comcast-backed grocery delivery company has added $150m to its series E round.
LetsGetChecked investigates $12m series A
Optum has led a series A round for LetsGetChecked, which enables users to take medical tests at home.
Bayer and UC Davis seed agtech incubator
University of California, Davis (UC Davis) and pharmaceutical firm Bayer have teamed up to start the Crop Science CoLaborator incubator for agriculture and food-tech related businesses. The incubator will span 3,000 square feet at Bayer’s Innovation Hub for Crop Science in West Sacramento, with enough adaptable floor space for eight to 10 researchers and essential… Continue reading Bayer and UC Davis seed agtech incubator
FoodLogiq traces $19.5m investment
US-based food safety and supply chain monitoring company FoodLogiq has raised $19.5m in funding from investors including quality management systems manufacturer Testo and food producer Tyson Foods’ investment unit Tyson Ventures. Pontifax AgTech, Nicola Wealth Management and Greenhouse Capital also participated in the round, which was closed following an initial tranche of undisclosed size provided… Continue reading FoodLogiq traces $19.5m investment
See observes series C+ round
Bertelsmann Asia Investments has backed a series C+ round that followed an initial series C backed by Tencent.
6RS picks up $25m series B
6 River Systems is working on robotics technology to handle warehouse fulfilment and has attracted additional capital from investors including iRobot.
Investors pour $30.5m into Poseida
Malin has returned to support an oversubscribed series B round, led by Longitude Capital.
OrderMyGear bulks up with $35m
Susquehanna Growth Equity has invested $35m in OrderMyGear, which said it processed almost $200m worth of commerce last year.
Axonics modulates $40.1m investment
Legend Capital-backed Axonics Modulation Technologies has secured $40.1m, with $20.1m raised as equity and $20m in a credit facility supplied by Silicon Valley Bank.
Zilingo fashions $54m series C
The fashion marketplace has raised a total of $82m in funding after closing a series C round that featured all existing investors, including SIG and Hubert Burda.
Welltok benefits from $75m series E2
The investment, backed by Itochu, follows a $33.7m series E round featuring Qualcomm Life Fund and Hearst Health Ventures in 2016.