City National Bank took part as Point72 and FinTech Collective co-led the round, which increased the online credit card platform’s total funding to more than $14m.
Month: April 2019
Pensees pins down series A funding
Computer vision and IoT technology developer Pensees has received $22.5m from investors including Foxconn and Qihoo 360.
SAP.io stands ready for Singapore batch
SAP.io has selected Sinagpore as the destination for its eighth SAP.io Foundry and is deciding which startups will take part from July.
Sonde sounds out corporates to raise $16m
PureTech Health and Mitsubishi Tanabe Pharma took part in the Merck Group-led series A round, which will fund work developing Sonde’s voice-based medical monitoring technology.
Interview: Innogy Innovation Hub
Innogy Innovation Hub is seeking additional LPs as it begins to look toward a second fund, having already moved to a purer investment model.
Samanage savours $350m acquisition
Salesforce is set to exit IT service desk software provider Samanage in a $350m acquisition by SolarWinds, which will integrate the company’s offering into its own product suite.
Black Sesame racks up $100m
Legend Capital has led a $100m series B round for automotive-focused imaging technology developer Black Sesame, with SAIC Motor and SK China also among the backers.
Jumia makes room for $196m in IPO
Africa-focused e-commerce company Jumia floated in the middle of its range, with more than half the shares being bought by existing corporate investors.
Shift moves series D round to $180m
Used vehicle e-commerce platform Shift has collected another $40m for a series D round that is backed by Lithia Motors, BMW and Alliance Ventures.
Creative Biosciences brings in series B funding
Kingmed Diagnostics was among the investors in the $44.7m round, the proceeds of which will fund development of Creative Biosciences’ cancer diagnostics kits.
Investors load up Astroscale series D to $80m
The space debris removal company has raised another $30m for its Mitsubishi Estate and Koei Tecmo-backed series D round and has now received $132m in total.
Corporates head to Cityblock for $65m series B
Sidewalk Labs spinoff Cityblock raised the cash in an EmblemHealth and Echo Health Ventures-backed round that took its overall funding above $85m.
Cullgen pulls in $16m
Sequoia China Capital and Highlight Capital co-led the GNI Group-backed cancer drug developer’s series A round.
Movo hails Mutua Madrileña for series A round
The electric scooter and moped rental platform collected $22.5m in a round led by Mutua Madrileña and backed by Cabify as it prepares to expand in Latin America.