Automated driving systems manufacturer CalmCar collected $14m from a SAIC Motor subsidiary and Beijing Connected Vehicles Development Fund having previously been backed by BAIC and China Unicom among others.
Month: September 2019
One Drop makes a splash with $40m
The diabetes management app developer raised $40m in a round led by Bayer, which has also signed a licensing agreement with the company.
Riverain falls for Ping An in $15m round
Riverain Technologies raised the cash in a round led by Ping An Global Voyager Fund and will use the cash to expands its lung cancer diagnostics technology.
Navigating Cancer nabs $26m
The cancer care platform developer secured funding in a series D round co-led by Merck Global Health Innovation Fund and backed by LabCorp.
EdiGene cleans up with $11m
Lilly Asia Ventures has returned for the genomic drug developer’s latest round, having already taken part in a $15m pre-series B round just over a year ago.
Corporates head to Mission Bay for $60m fund
Eli Lilly, Astellas Venture Management, Wilson Sonsini Goodrich & Rosati and Zambon subsidiary Zcube all contributed to the firm’s $60m third fund.
Imara intends to float
Lundbeck, Pfizer and Alexandria Real Estate Equities are all in line for exits after Imara revealed it has confidentially filed for an initial public offering.
GitLab gets $268m in series E round
Existing shareholder Goldman Sachs has co-led a $268m series E round for GitLab that valued the GV-backed software development platform at $2.75bn.
TuSimple eases to $215m series D close
TuSimple has secured a $120m series D extension from investors including Mando and UPS, bringing the oversubscribed Sina-led round to a $215m close.
DataRobot picks up $206m
Intel Capital was among the returning investors in a round confirmed by the enterprise AI software provider, now valued at $1.2bn, to be $206m in size.
Beekeeper takes care of $45m series B
Edenred, Samsung, Swiss Post and Swisscom all returned in a $45m series B round for Beekeeper, which is targeting accelerated adoption of its workforce communications platform.
Galaxy Space makes room for Legend
The low-orbit satellite developer was valued at more than $700m in a round of undisclosed size that included Legend Capital.
What summer slowdown?
Monthly analysis: July-August 2019
Greenlight Financial goes to $54m series B
The children’s debit card provider has now raised more than $77m in total, having secured new funding from investors including JPMorgan Chase, Wells Fargo and Live Oak Bank.