Azur has won the support of co-founders AIG and Ascot as well as fellow insurer Hyperion to develop products targeting the high-net-worth insurance segment.
Month: October 2018
100 Thieves takes funding haul to $25m
Media holding company WndrCo is among the investors in a series A round that helped eSports and lifestyle brand 100 Thieves take its total funding to $25m.
Cethik buys into NextVPU’s series A vision
The China Electronics Technology Group subsidiary has invested $28.7m in NextVPU, which will use the funds for R&D, recruitment and the pursuit of its growth strategy.
Oracle catches DataFox
Alphabet and Slack have exited business intelligence software provider DataFox in an acquisition of undisclosed size by Oracle.
Huashenghaoche drives series D to $210m
Minsheng Financial Leasing-backed online car marketplace Huashenghaoche has received $210m from investors including JD.com spinoff JD Finance and Goldman Sachs.
Verano switches on with $120m
Scythian Biosciences is investing $88m directly in Verano and will sell its subsidiary 3 Boys Farm to the cannabis producer in return for another $100m worth of shares.
Terminus takes $173m in SenseTime-backed round
SenseTime will provide technology assistance as well as capital, having invested in IoT and AI technology provider Terminus Technologies’ latest round.
Tuanche starts engine on $150m IPO
Bertelsmann Asia Investments owns almost 10% of the Chinese automotive marketplace, which has filed to raise up to $150m in a US offering.
Datarobot gets $100m funding upgrade
Meritech Capital and Sapphire Ventures led the machine learning technology provider’s series D round, which did not include existing corporate investors Intel, Recruit and New York Life.
Dome9 reaches Check Point in $175m acquisition
Cloud security software provider Dome9 has been acquired by Check Point for $175m plus stock and options, following $29m in funding from investors including SoftBank.
ShopRunner snatches $40m
August Capital led a $40m funding round for e-commerce network Shoprunner that came four years after a reported $206m round led by Alibaba.
Banma Kuaipao picks up $43m
Private equity firm QJY Capital invested the money, which follows roughly $138m from investors including Do-Fluoride Chemicals and Haijing.
Investors pump $20m into Gauss
Gauss Surgical has received series C funding from SoftBank and eight healthcare providers including Northwell Health, OSF Healthcare and Providence Healthcare.
Qpex cues up $33m series A
Qpex Biopharma, which was spun off to develop The Medicines Company’s anti-infective drug assets, has received $33m in its series A round.