The Mitsui and Virgin-backed money transfer service more than doubled its valuation to $3.5bn in a round that involved existing backers selling shares.
Month: May 2019
Corporates coax third MD Start to close
Medtronic, LivaNova and Baxter Healthcare have helped commit $53.5m for the third medical device-based fund to be raised under the MD Start moniker.
Cala Health holds on to $50m
Alphabet, Novartis and Johnson & Johnson have contributed to a series C round for Cala Health, which is preparing to release its wearable hand-tremor treatment device.
GCV Symposium 2019: Co-chairs’ welcome
Jacqueline LeSage Krause of Munich Re Ventures and David Gilmour of BP Ventures are co-chairs of this year’s GCV Symposium, which is looking at how to navigate market turbulence.
Sun Basket orders $30m in fresh funding
Unilever Ventures participated in a series E round that increased the healthy meal delivery service’s overall funding to $125m.
Robin lands on $20m for series B
Allegion’s corporate venturing arm has taken part in a $20m round for the office management software provider, whose early backers include Autodesk and Konica Minolta.
SIG helps Shanzhen take care of funding
Susquehanna International Group has led a series B round for elderly healthcare services provider Shanzhen that was in the eight-figure dollar range.
Seraphim selects Mission 3 finalists
Seraphim Capital’s Space Camp Accelerator, which counts a number of corporates among its investors, has picked out its third cohort of space technology innovators.
Schrödinger boxes up $110m
The drug development software provider has added $25m to an Alphabet and Wuxi AppTech-backed first tranche it closed in January.
Auth0 logs into $103m series E
Telstra and NTT Docomo-backed dentity management platform developer Auth0 is now valued at more than $1bn after closing its latest round.
Reneo generates $50m in series A round
Lundbeckfond Ventures contributed to a round that will fund clinical trials for Reneo Pharmaceuticals’ mitochondrial disease therapies.
Little Bear sniffs out series B funding
The JD.com-backed IT equipment leaser has received a nine-figure renminbi sum, adding to the pre-series B financing it raised in March.
Snapsheet lays claim to $29m
The digital insurance software provider Snapsheet has closed a $29m series E featuring Nationwide, Sedgwick, State Automobile Mutual Insurance Liberty Mutual, Fidelity and USAA.
Semidrive cruises to pre-series A round
Lenovo Capital and Incubator Group returned to back Semidrive in a nine-figure renminbi round, after previously investing in the automotive-focused chipmaker last year.