Visa and Prudential contributed to a $23m co-investment fund that was launched by Accion Venture Lab alongside $10m more from Accion.
Month: September 2019
J&J loses Ryan and De Backer
Renee Ryan and Marianne De Backer have moved on from corporate venturing vehicle Johnson & Johnson Innovation – JJDC for roles at Cala Health and Bayer respectively.
Reach stretches to end of the road
Qualcomm, NCSoft and Kin Yat Holdings-backed battle robot developer Reach Robotics is closing down according to a statement by its co-founder.
MobilityWare tries on Jump Ramp
MobilityWare has acquired sweepstakes app developer Jump Ramp for an undisclosed sum, enabling SoftBank to exit.
Kasisto caps series B at $32m
Propel Venture Partners helped add $15m to the conversational AI developer’s latest round, having contributed to the first tranche alongside Mastercard.
Nikola nicks $250m from CNH Industrial
Hydrogen-fuel truck developer Nikola Corporation has received $250m in cash and services from CNH as part of a series D round expected to reach $1bn.
Guiji Zhineng gets series B-plus cash
The Tencent-backed enterprise automation technology supplier has raised hundreds of millions of renminbi in a round led by CMB Telecom.
Tongcheng Life takes in $100m
Legend Capital led a $100m round for social commerce platform Tongcheng Life that also featured existing backer Bertelsmann Asia Investments.
VIPThink invites New Oriental to series B round
The mathematics learning platform has raised a nine-figure renminbi amount in a New Oriental-led round that included Ximalaya FM.
DMGT drives Cazoo’s latest round
Existing investor DMG Ventures has returned to back a $30.4m round for automotive e-commerce platform Cazoo, its second in nine months.
Investors slip $23m to Elliptic
SBI Group and Santander InnoVentures backed a series B round that boosted cryptocurrency security tool developer Elliptic’s funding to $30m altogether.
Blue Planet-works blows in new funding
Uchida Yoko, Mori Trust, SmartValue, DRS and Taiyo Oil have supplied a total of $21.7m for the cybersecurity and IoT technology provider in 2019.
Yoriso gets funding service
SBI Investment, Sumitomo Mitsui Trust Investment and Shinsei Corporate Investment chipped in to help take the funeral services provider’s total funding to nearly $31m.
Beacon reignites Aspire’s series A round
Business banking services provider Aspire has disclosed that Kasikornbank-owned Beacon Venture Capital took part in the $32.5m series A round it announced last month.