UPMC and Kaiser Permanente are both in line for exits after health data platform developer Health Catalyst filed for a $100m initial public offering.
Month: July 2019
MobiTV mobilises $50m
Ally Financial has once again invested in Hearst Ventures-backed video streaming technology provider MobiTV, which has now raised about $215m in total.
Fungible finds SoftBank for $200m series C
SoftBank Vision Fund led a $200m round for Fungible, a data centre infrastructure technology developer already backed by Juniper Networks and Samsung Catalyst Fund.
Exyn takes off with $16m
IUniversity of Pennsylvania spinout Exyn Technologies has completed a series A round backed by Yamaha Motor to accelerate the development of its AI drone software.
Karuna kicks its way into public markets
PureTech Health-backed neuropsychiatric drug developer Karuna Therapeutics raised $89.2m in an upsized offering that followed $123m in venture capital.
Open checks in $30m
Tiger Global-led a series B round that will enable the Recruit-backed business current account platform to expand its service and product range.
Saluda sells Boston Scientific on $75m round
Spinal cord stimulation device manufacturer Saluda Medical won the support of Boston Scientific for a round that took its total funding past $125m.
Kaplan graduate Degreed digs up $75m
Personal development app Degreed, a 2013 graduate from Kaplan’s Edtech accelerator, secured $35m in equity funding as part of the round.
DayTwo books in $31m
Johnson & Johnson has reinvested in the microbiome health management app developer, which has now secured $48m in total.
Analysis: Corporates take a multi-billion ride with Grab
Grab has so far raised $4.8bn series H round, after Invesco chipped in $300m in addition to the funding provided by corporate investors like SoftBank Vision Fund, Microsoft, Toyota, Ping An and others since June last year.
Netcare to aid healthtech startups
The South Africa-based healthcare provider has teamed up with Founders Factory Africa to back healthtech startups based on the African continent.