The yoghurt producer has completed a $25.6m co-led by Danone’s Manifesto Ventures subsidiary that increased its overall debt and equity financing to more than $46m.
Month: January 2019
Boeing flies into Isotropic’s $14m series A
Boeing HorizonX Ventures has led a series A round for the satellite terminal developer, which plans to work with the corporate’s other portfolio companies in developing its technology.
Bolder Surgical performs $27m funding operation
Formerly known as JustRight, Bolder has raised fresh funding in a Providence Ventures-backed round and rebranded to expand beyond paediatric equipment.
Analysis: Byton to hitch another $500m ride
Smart car maker Byton seeks to raise another $500m after having raised a $500m corporate-backed rounds last year.
Ciitizen records $17m series A round
Healthcare record management platform Ciitzen has received $17m in an Andreessen Horowitz-led round that included participation from Alphabet subsidiary Verily.
Corporate venturing deal net: 14-18 January 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Maoyan to make for $344m in IPO
The Meituan Dianping spinoff, which is also backed by Enlight Media and Tencent, has set the range for its Hong Kong initial public offering.
FirstCry looks to grow up with $400m
SoftBank is exploring a $400m direct investment in Brainbees Solutions, the owner of childcare product retailer FirstCry, to take a 42% stake in the business.
Go-Jek mints $72m Coins.ph investment
Go-Jek has invested a reported $72m in Naspers-backed fintech developer Coins.ph, acquiring a majority stake in the process.
Trusfort triggers series C round
SIG China participated in a $44.4m round that Trusfort will use to develop its mobile identity authentication portfolio and expand its business overseas.
Evonik puts together Structured Polymers acquisition
The chemicals manufacturer has expanded its portfolio of polymer materials for the 3D printing market by buying portfolio company Structured Polymers.
Corporates help Set Ventures ready third fund
Shell, BNP Paribas and PTT Group have all made commitments to the third fund to be raised by energy-focused VC firm Set Ventures, which is targeting an $85.5m close.
Mayo Clinic and ASU fuel MedTech Accelerator
The accelerator is open to medical device and healthtech businesses that have already amassed $500,000 of capital or are generating revenues.
Tyto Care collects $9m series C extension
Investors including Sanford Health and Itochu have added $9m to a series C round for the medical examination technology developer that now stands at $33.5m.