Swisscom Ventures has backed crypto asset security company Fireblocks, which emerged from stealth with a secure digtal-asset management platform.
Month: June 2019
Aviv moves into Housell
Publishing group Axel Springer’s Aviv subsidiary has reportedly picked up a 20% stake in real estate marketplace Housell by leading a $13.6m round.
Facebook adds Meesho to its friend circle
Social commerce marketplace Meesho has secured a reported $25m from Facebook to take its total funding to about $90m.
NGP’s investment total reaches $90m
National Grid’s corporate venturing arm has committed $90m of its $250m initial budget, having backed a total of 12 portfolio companies and three venture capital funds.
We Company to buy Indian franchise for $1.9bn
WeWork India, a local franchise of co-working space operator We Company that is backed by Embassy, is set to sell a 70% stake for a $1.9bn in cash and shares.
SecurityScorecard marks off $50m series D
The cybersecurity risk-scoring platform developer has increased its total funding to $110m with the series D round, which featured Intel Capital and Axa Ventures.
GE Ventures to sell its portfolio
General Electric had considered spinning out its corporate venturing operation, but has now shifted its focus to finding a buyer for a portfolio consisting of stakes in more than 100 companies.
Capgemini Ventures captures $102m fund
Capgemini’s corporate venturing unit has partnered venture firm ISAI to set up a $102m fund dubbed ISAI Cap Venture to target early-stage B2B software startups.
Invengo invigorates $145m IoT fund
Invengo has joined Shenzhen HTI Venture Capital to launch a fund aligned with its IoT business that is initially aiming to raise about $43m on the way to a $145m targeted close.
Mythic adds $30m to series B story
SoftBank, Lam Research, Lockheed Martin and Micron all featured in Mythic’s $30m series B1 round, which brought the AI microchip maker’s total series B intake to $70m.
Crane crowns $90m close for first fund
The venture capital firm’s inaugural early-stage fund, Crane I, has reached its $90m hard cap with contributions from LPs including MassMutual Ventures, with which it has established a strategic alliance.
InGeneron extends series D to $43m
Sanford Health has provided $23m in funding to increase the regenerative cell therapy provider’s series D round to $43m, having initially supplied the first $20m in 2017.
Avi networks its way to VMWare acquisition
Avi Networks, which raised $115m from investors including Cisco Investments, has agreed to an acquisition by VMWare for an unspecified sum.
Northvolt stores $1bn in capital
Volkswagen, BMW and Folksam were among the investors in a $1bn round for lithium-ion battery developer Northvolt that will support work on its first factory.