The healthcare insurance and financing platform secured $74.3m in a Tencent-led series B round that will fund hiring and AI technology development.
Month: April 2019
Intel spreads $117m across 14 companies
Intel’s corporate venturing vehicle has announced participation in 14 funding deals and backed non-profit organisation HBCU.vc.
Orbbec makes ReadSense in series B round
The AI-equipped image verification technology developer has pulled in a nine-figure renminbi sum, in a round backed by corporate investor Orbecc.
SGX pumps $25m into BidFX
Trading bourse SGX has picked up a 20% stake in foreign exchange trading platform BidFX, with the pair entering an alliance to support SGX trades using BidFX’s software.
Sabas seeks out Centrica Ventures position
Marc Sabas has left his head of business development and partnerships position at Telefónica to accept a principal role at Centrica Ventures.
TitletownTech’s VC fund wins new backers
The Microsoft and Green Bay Packers-backed venture capital fund has raised additional capital as it moves towards a reported $25m target.
Sonae helps CB4 cement $16m series B
Sonae IM joined Octopus Ventures, Sequoia Capital and Pereg Ventures to lift retail management platform CB4’s overall funding to approximately $23m.
Proxy unlocks series A capital
WeWork has backed Proxy in a $13.6m round after introducing the company’s workplace access control system at its New York and San Francisco offices.
Qupital collects $15m in series A funding
CreditEase FinTech Investment Fund joined existing investor Alibaba Hong Kong Entrepreneurs Fund in business financing platform Qupital’s latest round.
Ibex trots to $11m series A
Corporate venturing units Kamet Ventures and Dell Technologies Capital both contributed to a round that will fund the growth of Ibex Medical Analytics’ team.
Keith to keep charge of Salesforce’s Australia fund
Salesforce Ventures has promoted principal Robert Keith to head of Australia, where he will oversee its newly launched Australia Trailblazer Fund.
Schmidtke splits from Saudi Aramco
Investment director Johanna Schmidtke left the petrochemical company’s corporate venturing unit in late 2018 for a position at private equity firm Ara Partners.
Cisco makes noise with Decibel launch
Cisco has funded an independent venture firm called Decibel that will make early-stage investments in US and Canada-based enterprise technology developers.
Toast orders up $250m in series E funding
GV-backed restaurant management platform developer Toast is now valued at $2.7bn, having secured funding in a round co-led by TCV and Tiger Global Management.