Telus Ventures is set to exit healthcare data management software producer Get Real Health in an $11m purchase by CPSI, six years after it invested.
Month: May 2019
Darby Smart joins the Grove Collaborative team
Grove Collaborative has agreed to purchase the video commerce platform in a deal of undisclosed size that will allow CAA Ventures to exit.
MRCF impresses with $148m for fifth fund
MRCF has reached the first close of a CSL-backed fifth fund to make early-stage investments in medical technologies in Australia and New Zealand.
Congenica coaxes DC Health for series B extension
Digital China Health Technologies chipped into the third tranche of a round featuring fellow corporates BGI Genomics and Healthlink that now tops $30m.
Rappi receives $1bn from SoftBank
SoftBank’s Innovation Fund and Vision Fund have each invested $500m in delivery platform Rappi, whose investors also include Delivery Hero.
UiPath heads to $568m series D
CapitalG returned to once again back automation software provider UiPath, as it closed its series D round at a $7bn valuation to take its total funding to nearly $1.1bn.
Cheddar proves big cheese in $200m acquisition
Digital media company Cheddar has agreed to a purchase by investor Altice USA that will also provide exits for Antenna Group, Dentsu, Liberty Global, Comcast, Amazon, AT&T, NYSE and Broadway Video.
Drake helps hand Glovo $168m
On-demand courier platform Glovo has collected $168m from investors including Papa John’s franchisee Drake to bring its total funding to more than $344m.
Vision Fund vies to double its staff
SoftBank’s near-$100bn vehicle intends to boost its staff numbers to 800 in the next two years as it puts down roots in new territories.
Ideaya identifies Nasdaq for $70m IPO
Alphabet, WuXi AppTec, Celgene, Roche and Novartis are in line to exit precision oncology therapy developer Ideaya Biosciences, which has filed to go public.
Jungle Ventures jumps to $175m for Fund III
Cisco Investments is among the limited partners in the Southeast Asian VC firm’s third fund, which is reportedly seeking a $220m final close.
Built completes $31m series B round
Goldman Sachs led a round for the construction lending platform that included Canapi and Regions Bank, boosting its overall funding to $55m.