Battery materials developer Sila Nanotechnologies is preparing for commercialisation, after Daimler led a series E round that included Siemens Next47.
Month: April 2019
Vimeo pulls out $200m Magisto acquisition
Qualcomm, SanDisk and Mail.ru are among the investors exiting video-editing tool provider Magisto, which has agreed to an acquisition by Vimeo.
Axcella Health accelerates towards IPO
The biopharmaceutical company, formerly known as Pronutria Biosciences and backed by Nestlé Health Science, has filed for an $86.3m offering following $172m of funding.
Polymorph to become part of Walmart
Walmart will absorb Polymorph’s native advertising technology following an acquisition that will involve Rakuten and MDC Partners exiting.
Conekta links back to Femsa for $13m
Existing investor Femsa participated in a round that will be used to expand the digital payment technology supplier’s product range.
Cortexyme craves public markets listing
Pfizer is the largest shareholder of Alzheimer’s drug developer Cortexyme, which has filed to raise up to $86.3m in its initial public offering.
ING leads Fintonic to fresh funding
ING Ventures led a $21.4m round that also featured PSN, increasing the personal finance management app developer’s valuation to $180m.
Dianrong desires $100m
Existing backers Standard Chartered and Orix are among the prospective investors as the peer-to-peer lending marketplace seeks $100m in funding.
PayU onboards Wibmo in $70m acquisition
The digital payment technology provider has been acquired by Naspers subsidiary PayU in a $70m deal that will enable Intel Capital to exit.
Corporates unlock Qinlin Technology’s series B round
The smart security and residential services technology provider has collected several hundred millions of yuan in a round featuring Xiaomi and JD Digits.
Embroker finds $28m in series B funding
Tola Capital led a round that included corporate venturing unit XL Catlin, increasing the commercial insurance provider’s overall funding to $42m.
CleverTap clears $26m in series B round
The Recruit-backed customer analytics software provider has secured new funding at a $150m valuation, in a Sequoia India-led round.
Curefit creates $5m health food incubator
Curefit has set up an incubator that is expected to invest $5m in up to 10 packaged health food and organic product startups in the next two years.
Amatil X ventures into Indonesia
Coca-Cola Amatil has ushered its accelerator program, Amatil X, into Indonesia to invest in startups specialising in on-demand delivery, distribution optimisation, in-store analytics and sustainable packaging.