Diamond-based identity tag developer Dust has received commitments from Airbus Ventures and Lockheed Martin Ventures in the Kleiner Perkins-led round.
Month: July 2019
Visa pins in Payworks purchase
Visa has acquired the cloud-based payment processing software provider Payworks, one of its portfolio companies, also handing an exit to Commerzbank.
Kopari Beauty makes up $20m funding round
The 100% organic coconut oil-based beauty and lifestyle brand received $20m in the L Catterton-led round, which featured Unilever Ventures and University Growth Fund.
Grofers orders in more series F cash
SoftBank-backed online grocery platform Grofers has received a $10m investment from Abu Dhabi Capital Group, adding to a $200m initial series F close two months ago.
Gaiya Environmental harvests series B
China Media Group has led a $14.5m series B round through its Hongxin Capital unit, bringing Gaiya’s total funding to more than $25m.
Every.TV tastes $23m funding
Itochu-Shokuhin has provided $23m to the media company known for its video recipe platform, Delish Kitchen.
Traxens tracks $22.4m series C
Trading conglomerate Itochu was among the investors in supply chain IoT technology developer Traxens’ round, which follows a strategic partnership and equity deal agreed with Maersk last month.
K4 Aeronautics glides into $25m series A
Hanwha Systems led a series A round for the spinout of aerospace technology supplier Karem Aircraft, which is working with Uber to supply viable aerial vehicles.
Sitateru reaches $18.5m of total funding
Marketing firm Opt’s corporate venturing arm has joined multiple corporates to provide an undisclosed sum to the garment production platform operator, which increased its total funding past $18m.
Substack pens series A funding
Chernin Group-backed newsletter publisher Substack collected $15.3m in the Andreessen Horowitz led round, which featured Y Combinator.
Siegel bids farewell to GE
Sue Siegel, who featured on GCV’s Powerlist five times from 2014 to this year, will depart from her roles as chief innovation officer of GE and chief executive of GE Ventures at the end of July.
CloudMinds seeks $500m IPO
SoftBank is the largest shareholder in CloudMinds, owning more than a third of the AI and robotics technology developer that is targeting an overseas listing in the US.
IQ Capital taps into National Grid for $175m fund
Deep tech-focused venture capital firm IQ Capital has raised a $175m fund to invest in European startups across industries such as artificial intelligence, biotech and blockchain.
AM-Pharma animates $130m round
AbbVie and Pfizer-backed acute kidney injury therapy developer AM-Pharma has now raised $249m in all and will use the latest round for a phase 3 trial.