Mesmer has emerged out of stealth with a $15m series A round led by Intel Capital to launch an AI platform that automatically detects bugs in software.
Month: July 2019
AppLovin secures SafeDK acquisition
AppLovin has purchased the producer of a management platform for mobile software development kits, handing an exit to Samsung.
Leapstack rakes in series B funding
Leapstack Data Technology will put the money from the PPDAI Group-backed $14.5m round to partner additional insurance companies in China.
Juventas stays young with Casi-backed series A-plus
Casi Pharmaceuticals took part in drug developer Juventas’ $14.5m series A-plus round after licensing the latter’s Car T-cell drug candidate for haematological malignancies last month.
Biontech completes $325m series B
Fidelity Management & Research has led a $325m series B round for Biontech, a spinout of Johannes Gutenberg University Mainz whose backers also include Sanofi and Pfizer.
Byju’s to educate the world with $150m
Tencent and Naspers-backed education platform Byju’s is targeting an expansion into the US, the UK, Australia and New Zealand following the $150m funding round.
Investors transfer $135m to Remitly
Prudential Financial and existing shareholder PayU have backed a $135m series E round for Remitly, which concurrently obtained $85m in debt financing.
IGM Biosciences amasses $102m series C
Haldor Topsøe has returned to participate in a $102m series C round for the cancer treatment developer.
Maniv Mobility carries $100m fund
Maniv Mobility has closed a $100m second vehicle backed by a dozen corporates such as Shell, Valeo, BMW, Aptiv, Hyundai, Deutsche Bahn and Lear Corporation.
Signpost guides investors to $52m series D
GV-backed marketing platform Signpost has added $52m to its coffers following a series D round, bringing its total funding to more than $87m.
Menlo Security decrypts $75m series D
Menlo Security has now raised approximately $150m altogether, with American Express Ventures and HSBC both returning for the latest round.
OPay opens up to $50m investment
Opera spinout OPay has secured a funding round from investors including its parent company and Meituan-Dianping.
Niyo Solutions banks $35m
Tencent has contributed to a $35m series B round for Niyo Solutions, the operator of a mobile bank that gives blue collar workers access to financial services.
More deals and fewer dollars in the second quarter
Analysis: Q2 2019