The BBVA-backed Propel Venture Partners was among the investors in what the digital banking startup described as Brazil’s largest ever series A round.
Month: May 2018
7wire transmits $100m from corporates for latest fund
7wire Ventures’ Connected Consumer Health Fund has secured a collection of healthcare and insurance providers as limited partners.
iZettle looks to receive $226m in IPO
Mastercard, Intel, American Express and Santander could all exit the point-of-sale technology provider, which plans to float in Sweden.
Embodied embeds new funding
Companion robot developer Embodied, backed by Intel, Amazon and Sony, has raised $12.4m in a round with a target size of approximately $18.8m.
Life House lifts veil on $40m in funding
Comcast Ventures has led a seed round for the short-term accommodation provider, which has secured $40m across three rounds.
Mesosphere amasses $125m in series D round
The hybrid cloud automation software provider took its total funding to more than $250m with a Koch Disruptive Technologies-led round featuring HPE.
Google Assistant assembles strategic fund
Google Assistant Investments will make strategic investments to support the capabilities of Alphabet’s virtual assistant.
News round up 8 May 2018
Fundraising Salesforce to track Canadian startups with $100m fund Canada Trailblazer Fund will invest in Canada-based cloud services startups and has already backed Tier1CRM, Traction Guest, Tulip and OSF Commerce. Corporates swarm to The Hive General Electric, Rockwell, Verizon and Software AG all backed The Hive’s third AI-focused fund, which has closed at $26.5m. Illumina… Continue reading News round up 8 May 2018
Lee steps up at Softbank Korea
JP Lee has moved up from managing director at the unit, replacing Greg Moon who has joined SoftBank Vision Fund.
Kumar hails Go-Jek job
Ride hailing service Go-Jek has appointed Aditya Kumar, an alumnus of SoftBank, as its vice-president of corporate development.
DCVC Bio flies with Hamer and Stead
Kirsten Stead and John Hamer of Monsanto Growth Ventures (MGV), the strategic investment arm of agribusiness Monsanto, which is being acquired by Germany-based peer Bayer, will co-manage the expected $250m fund, which is run by a new management company for the biotech space and affiliated with venture capital firm Data Collective (DCVC).
Corporate venturing deal net: 30 April-4 May 2018
Investment firm and company builder Accelerator Life Science Partners has launched Proniras Corporation, a US-based developer of seizure disorder treatments, with an undisclosed amount of funding from investors including Alexandria Venture Investments, Johnson & Johnson Innovation – JJDC and WuXi AppTec Corporate Ventures, respective subsidiaries of real estate investment trust Alexandria Real Estate Equities and… Continue reading Corporate venturing deal net: 30 April-4 May 2018
BenchSci indexes $8m in series A funds
Google’s Gradient Ventures unit was part of a series A round that will enable the biological research startup to boost its headcount.
Unity Biotechnology passes IPO stage with $85m
The WuXi PharmaTech and Mayo Clinic-backed aging disease drug developer floated at the midpoint of its range.