Legend Holdings vehicle Legend Star took part in a round that will fund the further development of Qihan Biotech’s organ transplant technology.
Month: July 2019
Agolo goes to corporates for more funding
Google Assistant Investment Group joined returning investor M12 as langauge processing software developer Agolo added an undisclosed sum to its 2017 seed round.
LPs enter second SoftBank Vision Fund
Standard Chartered and Goldman Sachs look likely to be joined by Apple and Microsoft, while SoftBank will commit about $40bn to the fund’s forthcoming second iteration.
Didi Chuxing mobilises Toyota for $600m deal
Toyota will invest $600m into Didi Chuxing and form a joint venture also involving GAC Toyota Motor that will be focused on vehicle-related services for ride hailing drivers.
Gusto savours $200m in series D funding
Fidelity has led a $200m series D round for Gusto that valued the Alphabet-backed human resources software provider at $3.8bn.
Freenome passes series B test with $160m
Roche Ventures, Kaiser Permanente Ventures, and Alphabet subsidiaries Verily and GV took part in a round that boosted the cancer testing platform developer’s total funding to more than $237m.
Sodexo seizes minority stake in Zeta
Zeta has netted an amount from Sodexo Benefits and Rewards reported to be below $60m, at a valuation confirmed by the card-issuing technology provider to be $300m.
X-Vax packs $56m into series A round
Johnson & Johnson, Alexandria Venture Investments and Serum Institute of India contributed to the first round to be disclosed by herpes vaccine developer X-Vax Technology.
BNI banks on corporate venturing
State-run Bank Negara Indonesia is planning to launch a corporate venture capital fund to invest up to $50m in fintech startups including mobile wallet provider Finarya.
Fetch Robotics carries home $46m
O’Reilly AlphaTech, Redwood Technologies and SoftBank Capital helped the robotic logistics technology provider take its overall funding past the $90m mark.
Mixhalo tunes into series A round
Red Light Management and Another Planet Entertainment took part in the $10.7m round, which increased the live audio technology provider’s total funding to $15m.
Gamaya cultivates series B funding
Mahindra and Mahindra has led a $12.1m round for the AI-powered crop imaging software provider that will fund recruitment, IT improvements and local growth.
OpenAI closes $1bn investment from Microsoft
The artificial intelligence researcher is partnering Microsoft to enhnace the latter’s Azure platform, and has netted $1bn from the corporate in return.
SoftBank to set out second Vision Fund this week
The telecommunications group is expected to supply as much as $50bn to the vehicle, which may be announced as soon as this week.