Evergy is set to exit utilities management software provider EnergySavvy in an acquisition by Tendril, following some $27m of funding.
Month: May 2019
OpenTable serves up Venga purchase
OpenTable will offer Venga’s customer analytics software to its restaurant clients following the acquisition, which will allow Think Food Group to exit.
Natura retains $5m for startup investments
The comestics supplier plans to invest the capital in Europe and North America through a series of funds, starting with Dynamo Beauty Ventures.
Vay Sports kicks off with corporate funds
University of Zurich spinout Vay Sports has launched having raised an undisclosed amount from investors including Swisscom and WelcomeAI.
Douyu pauses $500m IPO plans
Tencent will have to wait a little longer to exit livestreaming platform Douyu, which has decided to delay its initial public offering due to American tariffs on Chinese goods.
Tot Biopharm targets Honk Kong listing
Center Laboratories Group and Formosa Laboratories are in line for exits as cancer drug developer Tot Biopharm aims to go public.
Carta catches $300m in series E round
Equity asset management and services provider Carta has secured funding in a Goldman Sachs-backed round, at a $1.7bn valuation.
Exabeam executes $75m series E round
The Cisco-backed cybersecurity management platform developer has now raised a total of about $190m, closing a Sapphire Ventures and Lightspeed Venture Partners-led round.
BRI brings up to $100m for VC arm
The Indonesian state-owned bank has set up a corporate venturing team and will reportedly provide $70m to $100m for investments.
Harmsen snags Saint-Gobain Nova role
Saint-Gobain has appointed a former investment director of performance materials at M Ventures, Sven Harmsen, as director of external ventures for its Nova subsidiary.
FreightHub ships in $30m
FreightHub increased its overall funding to more than $53m with a series B round co-led by Maersk Growth that will fund the online freight platform’s expansion in Asia.
McGrath marches on to Mach49
Steve McGrath, who headed Shell Ventures’ Asia Pacific activities for two years, has joined Mach49 as a Singapore-based managing director to help corporates in the region launch venture capital funds.
Denso makes Bond Mobility in $20m series A
The app-based electric bicycle rental service will use the proceeds from the round, which was led by Denso New Mobility Group, to expand in the US.
Analysis: Beyond Meat cuts a $241m IPO
Meat substitute developer Beyond Meat, which has received backing from two corporate venturers, went public.