Customer engagement platform developer Plaid has attracted capital from investors including Mitsui Sumitomo Insurance Venture Capital, Mitsui and Mitsubishi UFJ Capital.
Month: April 2018
Shapeways sculpts $30m series E round
HPE and Sumitomo-backed Shapeways has added $30m to its coffers and will use the cash to launch three new services around its 3D printing platform.
Grail prepares for new funding quest
Illumina’s oncology screening spinoff, which has a range of corporates among its investors, plans to raise about $1bn prior to an initial public offering.
Surface Oncology reaches public markets in $108m IPO
Novartis invested another $11.5m in the immuno-oncology drug developer, which is also backed by Eli Lilly and Amgen, alongside the offering.
Neisha nets Ant Financial as an investor
Ant Financial has invested an eight-figure RMB amount in electronic goods marketplace Neisha, which has now closed its series A+ round.
Corporate venturing deal net: 16-20 April 2018
Automotive manufacturer FAW Group has agreed to provide a “significant amount of money” in return for a minority stake US-based smart electric vehicle developer Byton, Reuters reported today. Byton’s past investors include internet group Tencent, contract manufacturer Foxconn and car dealership owner China Harmony New Energy Auto Holding, and it was seeking up to $400m… Continue reading Corporate venturing deal net: 16-20 April 2018
RapidSOS gets $16m response from investors
CSAA Insurance and Microsoft Ventures both backed a round that took the emergency response technology provider’s total funding to about $35m.
Lawgeex runs the rule on $12m
The Recruit-backed contract review platform has now raised more than $21m in total after closing a round led by venture fund Aleph.
Coverfox closes $22m series C
The online insurance marketplace developer will use the proceeds from the Transamerica-backed round for product development and expansion.
Discord creates $50m in new round
The Tencent and Time Warner-backed developer of a game-based messaging platform with more than 87 million users, is now valued at $1.65bn.
Pivotal picks up $555m in IPO
GE is selling $58m of shares in the Dell EMC spinout, which is also backed by Ford and VMware, as it prepares to float in the middle of its range.
FuboTV tunes into $75m series D
The streaming platform has now raised almost $150m in total, having secured funding from investors including 21st Century Fox, AMC Networks, Sky and Discovery.
Tmunity clocks series A round at $135m
KPCB helped add $35m to a round for the immunotherapy developer featuring Gilead Sciences, Ping An, Be The Match BioTherapies and Eli Lilly.
Can governments turn engineers into entrepreneurs?
In South Korea, the saying goes that “to be an entrepreneur you have to kill two women – your mother and your future wife”. In South Korea, young male entrepreneurs would shame their mothers by not pursuing a professional career, such as doctor or lawyer, or working for a top chaebol – meaning conglomerate, such… Continue reading Can governments turn engineers into entrepreneurs?