Bitburger, Kärcher and Deichmann joined existing backers Otto Group, Lidl, Dr Oetker and Porsche as the venture firm closed a $225m US vehicle and a $175m European fund.
Month: July 2019
Karuna caps off initial public offering
PureTech Health spinoff Karuna Therapeutics has upscaled its IPO to nearly $103m, after its shares rose by more than 50% in its first days of trading.
Tier IV tears it up to raise $105m
Sompo Japan Nipponkoa led the autonomous vehicle software developer’s series A round, which included Yamaha Motor, Aisan Technology and existing investor KDDI.
Calm arcs series B round to $115m
Mindfulness app developer Calm has added $27m to its series B round, after receiving an initial $88m tranche from investors including CAA five months ago.
Codiak revokes $86m IPO filing
Codiak Biosciences has withdrawn its proposed offering citing unfavourable market conditions, delaying an exit for investors including Alexandria Real Estate Equities.
Tongdun locks in AVIC for additional funding
Aviation Industry Corporation of China and GF Securities took part in the anti-theft and fraud software developer’s latest round, which was in the eight figures.
Calysta sources $30m from BP Ventures
The gas fermentation technology developer raised $30m from BP’s corporate venturing unit, adding to earlier funding from the likes of Mitsui and Cargill.
BackStartup takes home Regional investment
Regional subsidiary Banregio will use BackStartup’s technology to automate its customers’ back office tasks following its parent company’s $800,000 investment.
Sony syncs with Daiwa for $185m fund
The consumer electronic producer has partnered Daiwa Capital Holdings and the two are looking to raise up to $185m for Innovation Growth Fund, which has already reached its first close.
MX Player looks to record $100m investment
Tencent and Paytm are considering a $100m investment in MX Player, a video streaming service majority owned by Times Internet.
ReNew Power investors return with $300m
Jera-backed solar and wind power developer ReNew Power has secured three $100m commitments by existing investors Goldman Sachs, ADIA and Canada Pension Plan Investment Board.
Morphic takes more money in $104m IPO
The corporate-backed small molecule therapeutic developer has boosted its initial public offering from $90m to nearly $104m.
Nexon embraces Embark in $96m deal
Korean game studio Nexon has increased its stake in the cooperative action game developer to more than 66%, having invested $41m in the startup late last year.
RealWear reaches for $80m
The voice-controlled augmented reality device developer has captured $80m in a Teradyne-led series B round, which included Bose Ventures, Qualcomm Ventures and Kopin.