Insurance broker NFP’s corporate venturing vehicle was among the investors in a round that will accelerate commercialisation of Hound Labs’ advanced breathalyser.
Month: August 2019
HiScene hits stride with $35m series C
Myeg-backed AR product developer HiScene received the cash from investors including the multi-corporate-backed Yangtze River Delta Collaborative Advantage Industry Fund.
Ascension Ventures helps pump another $30m into EBR
The pacemaker system developer has added $30m from the same investors as its last round in 2017, including Ascension Ventures.
Platform9 reaches series D level with $25m
The hybrid cloud software provider has now raised more than $60m in total, following a second consecutive round to include Hewlett Packard Enterprise.
Straus makes strides to Dundee
Former GE Ventures entrepreneur in residence Jessica Straus has been appointed venture partner at Dundee Venture Capital to help the venture capital fund expand to coastal regions of the US.
Welmo welcomes corporates to $11m round
Line, Mixi, Aioi Nissay Dowa Insurance, Akatsuki, Konica Minolta and Global Kids helped provide the Japan-based nursing care technology developer with $11m in new funding.
Mitsubishi takes care of SastaSundar
The Rohto Pharmaceutical-backed health product and services marketplace is set to receive $13.9m from Mitsubishi, according to a stock market filing.
Hedvig digs D-Ax in series A round
Axel Johnson’s corporate venture capital arm has contributed to a $10.4m series A round for the Sweden-based digital insurer that was led by Obvious Ventures.
Peloton Interactive pursues $500m IPO
Comcast and Grace Beauty-backed exercise equipment provider Peloton has filed to raise up to $500m in an offering on the Nasdaq Global Select market.
Ethos attracts GV to raise $60m
The corporate investor returned to lead a round that reportedly valued life insurance portal Ethos at $400m to $500m.
Fair levels with Ally Financial for $100m
Fair has collected a total of $100m in equity and debt financing from Ally Financial as part of a strategic partnership, eight months after SoftBank led its $385m series B round.
CSAA meets Kin in $47m round
CSAA Insurance is among a group of backers that provided $47m to support the launch of a Florida-focused home insurance carrier, the first of Kin’s subsidiaries to underwrite its own policies.
Corporates help Hexiaoxiang pass series B test
Bertelsmann Asia Investments and TAL Education’s Good Future Education Industry Fund combined in a $27.9m round for literary education platform Hexiaoxiang.
Atonarp detects corporates for $33m series C
Japan Post Investment Corporation, Northwestern Mutual Future Ventures and NEC’s Innovative Venture Fund Investment helped Atonarp take its total funding past $61m.