The renewable energy storage developer has received $110m in series B funding from SoftBank Vision Fund, having raised cash from Cemex earlier this year.
Month: August 2019
Scoop swoops for $60m
Total Ventures and existing shareholder Workday Ventures took part in a $60m round that lifted carpooling service Scoop Technologies’ total funding to more than $106m.
BBG Ventures bids for $50m third fund
BBG Ventures, the female-focused venture fund formed by AOL, has set a $50m target for its third fund, the first to feature additional LPs.
Xinlian Payment reaches series A checkpoint
Shangdong Hi-Speed Group’s electronic toll collection spinoff has received $39.8m in an Ant Financial-led round that included Genvict and Wanji Technology.
Zenlayer thickens funding with series B round
Cloud services supplier Zenlayer, which counts NSFocus as an early investor, secured $28.4m in funding the month after opening a Chinese R&D hub.
Pavilion Data structures $25m series C
SK Telecom has returned for Pavilion Data Systems’ $25m series C funding, having also participated in the data management technology developer’s last two rounds.
Singularity 6 surfaces with FunPlus investment
Social game developer Singularity 6 has raised $16.5m from investors including FunPlus Ventures as it continues work on its first title.
Renovacor recovers $11m in series A round
Novartis Venture Fund co-led the gene therapy developer’s series A round, raised as it prepares to submit an investigational new drug application for its lead drug.
Corporates enter OpenSpace in $14m series A
Construction vision technology startup OpenSpace has attracted WeWork, Suffolk Construction, Tishman Speyer and JLL Spark to a round that will fund sales, marketing and product development.
Ad4Ventures takes another trip down Springlane
Mediaset’s Ad4Ventures has contributed to an $11.2m round for kitchenware e-commerce company Springlane, almost a year after fellow CVC unit Tengelmann Ventures sold its stake.
Bloomberg buys RegTek Solutions
Deutsche Börse has exited financial compliance software developer RegTek Solutions less than two years after leading its series A round.
Systum sets stall for new funding
Business management software producer has added $10.7m to the Hearst-backed series A round it closed last year and will spend it on product development, sales and marketing.
We Company releases billion-dollar IPO filing
SoftBank-backed workspace provider We Company has filed for an initial public offering in which it reportedly expects to raise up to $4bn.
Jazz carries away Cavion in $313m deal
Novartis and Eli Lilly are exiting the neurological disease therapy developer in an acquisition that will involve $52.5m upfront and up to $250m in milestone payments.