The Banco Votorantim-backed business finance provider has received $30m from Franklin Templeton that will support its growth in Latin America.
Month: April 2019
Pagaya tags corporates for another $25m
Clal Insurance and SCB Digital Ventures returned to help provide series C funding for the asset management software provider, having backed its series B last year.
Dreamshare fields corporates in series B round
Existing investors Aurora and Fosun RZ Capital both contributed to a $14.9m round that was co-led by Mandra Capital and Haitong Creative Capital.
Okta verifies $50m corporate venturing fund
The identity verification software provider will invest up to $2m in each deal through its newly formed Okta Ventures fund, with Trusted Key its first portfolio company.
Onfido checks in $50m
Salesforce and SBI co-led a $50m round for the identity verification provider that included Microsoft and CreditEase, valuing it at about $250m.
TradingView takes in TradeIt
Citi Ventures has exited the mobile trading software provider in an acquisition by TradingView reportedly sized at less than $20m.
Elara catches FastFox
Elara Technologies has acquired home rental platform FastFox for an amount likely to be about $15m, enabling CyberAgent to exit.
Nutrafol looks to grow with $35m
Unilever Ventures returned to participate in an L Catterton-led series B round that will fund the hair supplement developer’s marketing and research and development activities.
Hyundai Cradle swings to Berlin
Hyundai Cradle has inaugurated its European base in Berlin, Germany and appointed Edvin Eriksen as its head.
Smilovitz snags NY Times promotion
New York Times has promoted its director of M&A and investments, Jacob Smilovitz, to executive director of corporate development and financial planning and analysis.
Xiaoyang Edu chalks up $22m series B
New Oriental Education & Technology Group co-led the online education management platform’s series B round with China Growth Capital.
Sinopharm leads Suzhou and Science’s inaugural round
Sinopharm Capital helped supply funding to orthopaedic-focused device maker Suzhou and Science Technology Development, with the latter eyeing new products in areas including sports medicine.
Polystream pulls in $12m from series A
The 3D game streaming platform has collected $12m in an Intel Capital-led round that also featured Wargaming Group, with the funds to go to hiring.
Intel helps break off $13m for Untether AI
AI chip developer Untether AI has secured funding in an Intel Capital-led series A round, the proceeds of which will fund development of the startup’s technology.