Dell Technologies Capital has co-led a $15m series A round for Remediant, marking the first time that the six-year-old cybersecurity software provider has raised external funding.
Month: August 2019
Xiaomi pulls Furrytail toward funding
Xiaomi Ventures led two rounds that totalled $11.2m for cat food and accessories provider, investing together with Morningside Venture Capital and Volcanics Venture.
Analysis: 10x Genomics files for $100m IPO
SoftBank-backed genome medical research tech provider 10x Genomics, previously backed by SoftBank, filed to go public. This may be a notable exit in burgeoning genomics and gene technology space, which has seen much corporate backing in recent years.
Editorial: Digital health comes of age in IPO surge
Almost three years is a long time to wait for the public markets to open up to the developing digital health sector but when they do corporate venturing portfolio companies have been first through the flotation exit doors. This summer has seen four well-received initial public offerings (IPO) of digital healthcare companies, increasing the chances… Continue reading Editorial: Digital health comes of age in IPO surge
Corporate venturing deal net: 19-23 August 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Corporates support Crossbeam’s series A round
HubSpot Ventures, Salesforce Ventures and existing backer Slack Fund contributed to a $12.5m round that increased Crossbeam’s overall funding to nearly $16m.
Tiki documents Ticketbox acquisition
The SIG and Ookbee-backed ticketing platform has been purchased by e-commerce company Tiki in the latter’s first-ever acquisition deal.
Industrious ends series D with $80m
The workspace operator has now raised more than $220m altogether, following a round featuring Equinox, TF Cornerstone and Granite Properties.
Finch Therapeutics clinches $53m series C round
Microbiome drug developer Finch Therapeutics has collected investments from SymBiosis and SIG among others to push its total funding to near $95m.
Drop hits series B with $44m
Royal Bank of Canada was among the investors in a $44m series B round that brings the customer loyalty app developer’s total funding to more than $71m.
SBI helps Reclo rack up funding
The luxury goods resale platform received $33.8m in a round backed by SBI Investment and SBI Securities that will fund international growth.
Nykredit goes Lunar Way
Nykredit-backed Lunar Way has secured $28.6m and acquired a European banking license for its mobile banking product.
Tibit takes series B round to $25m
Swisscom Ventures helped the optical line terminal technology provider close an Intel-led round that stood at $20m as of April.
SoftBank Vision Fund makes a play for Pipilis
John Pipilis has left Deutsche Bank after nearly 20 years and could lead financing efforts on behalf of SoftBank Vision Fund.