Nabard launched NabVentures last month and has hired former CapAleph Fund director Rajesh Ranjan as to run the unit as chief executive.
Month: January 2019
Paul Wurth catches Sunfire in series C round
Sunfire, a provider of gas and fuel production equipment, has received $28.8m in a round led by new strategic partner Paul Wurth that included corporates CEZ and Total.
Foxconn’s McCabe joins Future Family
Jen McCabe, an ex-business development director at Flex who was most recently an investment director at Foxconn, will head business development for Future Family.
Humatics locates $28m in series A1 round
Johnson Controls, Airbus, Lockheed Martin and Sumitomo combined for a round that will fund an expansion of the location technology developer’s production.
Grabango shops for $12m in series A
The shopping technology developer has increased its overall funding to $18m in series A round led by the BBVA-backed Propel Venture Partners.
N26 nets $300m in series D round
Tencent and Allianz-backed mobile bank N26 will use the proceeds from the Insight Venture Partners-led round, which valued it at $2.7bn, to expand into the US.
Bird to swoop for $300m
The Simon-backed scooter rental service is set to double the size of its series C round with a $300m investment led by Fidelity that will value it at $2bn.
Midea initiates fund with $293m target
Appliance manufacturer Midea is targeting between $147m to $293m for the fund and has contributed $44m through its own investment arm.
Motley Fool Ventures magnifies fund to $145m
The Motley Fool’s corporate venturing vehicle has collected $145m for its oversubscribed debut fund, surpassing its initial $100m target.
10x enlarges series D to $85m
Genomics tool developer 10x Genomics has raised $35m that will be combined with the $50m SoftBank-backed first close it achieved in April.
Hill-Rom sees EarlySense in $39m round
Hill-Rom and Wells Fargo have co-led the medical monitoring device maker’s latest round, taking its total funding to almost $140m.
Janrain logs into Akamai acquisition
Akamai has agreed a deal of undisclosed size to acquire the identity authentication software provider, which had raised almost $79m from investors including Salesforce.
GreenLight cultivates $50m in new funding
Alexandria Real Estate Equities and Continental Grain Company have backed the first close of the Syngenta-backed agricultural bioprocessing platform’s latest round.
Goldman Sachs spends $30m on InnoVid investment
The Cisco and Deutsche Telekom-backed video advertising software provider has received capital from Goldman Sachs that it described as pre-IPO funding.