The Xiaomi-backed digital brokerage closed the round at a valuation of more than $1bn and will spend the cash on hiring and R&D.
Month: July 2018
SoftBank’s Misra makes plans for $250m fund
Kabir Misra, managing partner at SoftBank Investment Advisers, is raising up to $250m for a fund in which SoftBank will be anchor investor.
Compass finds way to $132m series A close
Alexandria Venture Investments and Biomed Realty Ventures were among the investors as the immunotherapy developer closed the round’s final tranche.
GoGoVan picks up $250m
Cainiao and 58 Daojia both contributed to the first round closed by the delivery services marketplace since its merger with 58 Suyun last year.
Mobiliar acquires Bexio
Insurer Mobiliar has acquired Switzerland-based business software company Bexio for a reported SFr115m ($110m). Local insurer Swiss Life signed a strategic partnership alongside an investment in Bexio in October with Markus Leibundgut, CEO of Swiss Life Switzerland, becoming a member of the portfolio company’s board. In March last year, Bexio raised SFr7.5m from a consortium… Continue reading Mobiliar acquires Bexio
Advanon closes A round
Advanon, a Swtizerland-based invoice financing software-platform, has raised SFr13.5m ($13m) in its series A round from a consortium including Swisscom Ventures, the corporate venturing subsidiary of local telecommunications firm Swisscom. Two venture funds, b-to-v Partners and VI Partners, as well as Urs Wietlisbach, the founder of private equity firm Partners Group, joined Swisscom Ventures in… Continue reading Advanon closes A round
PriceHubble closes A round
PriceHubble, a Switzerland-based real estate services provider, has raised a reported “several million francs” in its series A round from a consortium including existing investors Swiss Life and Swisscom Ventures. Helvetia Venture Fund is lead investor in PriceHubble, which uses machine learning to offer online real estate valuations and was founded in 2016 by Markus… Continue reading PriceHubble closes A round
Beekeeper taps $8m A round
Beekeeper, a US-based mobile-first communications platform for employees without a corporate email address, has raised $8m in its expanded series A round from a consortium including Swisscom Ventures, the corporate venturing subsidiary of telecommunications firm Swisscom. Other investors in the A round, which was led by Keen Venture Partners, included Fyrfly Venture Partners, Polytech Ecosystem… Continue reading Beekeeper taps $8m A round
MycoSolutions raises seed round
MycoSolutions, an Empa, St Gallen university spin-off company based in Switzerland to prevent fungi destroying wood, has raised an undisclosed amount in its seed round from a consortium including Swisscom Ventures, the corporate venturing subsidiary of local telecommunications firm Swisscom. Angel investor Reto Vincenz also invested and will be MycoSolutions’ CEO.
Cybertrap raises seed round
Cybertrap, an Austria-based cybersecurity company using deception technology to target hackers, has raised an undisclosed amount from Swisscom Ventures, the corporate venturing subsidiary of local telecommunications firm Swisscom.
Arviem raises $10m B round
Total funding to $15m, including SFr1.35m in December 2013.
Signifai raises money from Swisscom
Signifai, a US- and Israel-based provider of predictive machine intelligence tools for technical operations teams, has raised an undisclosed amount from Swisscom Ventures, the corporate venturing subsidiary of local telecommunications firm Swisscom, and DN Capital having emerged from stealth in May after backing by Highland Capital Partners, Bloomberg Beta, Correlation Ventures.
Insightness closes seed round
Insightness, a Switzerland-based visual positioning systems developer for devices, has raised an undisclosed amount in its seed round from a consortium including angel investor Dave Brown, Swisscom Ventures, the corporate venturing subsidiary of local telecommunications firm Swisscom, and Quan Tech fund.
Telekom Austria buys Exoscale
Swisscom had been a customer of Exoscale and Stefan Kuentz, investment director at Swisscom Ventures, said: “To support the company’s international expansion journey, we are glad to have found A1 Digital as the new majority owner and partner that has the reach to unlock multiple new markets”