Divvy, which facilitates the progressive purchase of a home by using part of the rent for a future down payment, raised $43m in a series B round co-led by Lennar.
Month: September 2019
Spire Global points corporates to $40m series D
Itochu, Mitsui and Qualcomm Ventures were among the investors that supplied series D funding to weather nanosatellite developer Spire Global.
Denteric avoids teething troubles with $14m
The gum disease vaccine developer has spun out of University of Melbourne with series A funding from investors including CSL.
TigerGraph compiles $32m series B
Database technology developer TigerGraph has added SIG to an investor base that already included Baidu and Ant Financial, doubling its total funding in the process.
Manticore Games scores $30m
Roc Nation’s Arrive unit helped the 3D gaming platform developer take its overall funding to $45m despite it remaining in stealth mode.
Mancando shows can do spirit to raise $28m
Legend Capital returned to lead a series A-plus round that increased automotive parts supplier Mancando’s overall funding to almost $60m.
Intel helps clear $25m round for DustPhotonics
The optical transceiver developer has raised $25m in an Intel Capital-led round that represents its first publicly disclosed funding.
Panache styles final close for first fund
Panache Ventures has closed its inaugural fund at $43.7m thanks to limited partners including Telus, helping the vehicle overshoot its target by almost 50%.
Tulip unfolds series B round
DMG Mori, an existing customer of manufacturing app development platform Tulip, has contributed to a round that closed at $39.5m, alongside Vertex Ventures, NEA and Pitango.
Drum beats its way to $11m
American Express Ventures and the BBVA-backed Propel Venture Partners have both invested in Drum, which has just launched its on-demand marketing platform.
Yuguang uses Lenovo in $14m round
Lenovo Capital and Incubator Group was among the investors as optics technology provider Yuguang nabbed series B-plus funding.
Plum gets picked to raise $20m
The second-hand goods trading platform has completed a $20m series B-plus round co-led by Recruit and will use the proceeds to expand its product range.
Vista visits Acquia for billion-dollar deal
The investment firm will get a majority stake in Amazon and O’Reilly-backed Acquia in a transaction that will value the digital content manager at about $1bn.
Fundbox lets in $326m
The business financing platform’s latest financing included a $176m series C round featuring GMO, Synchrony, Allianz X, Recruit Strategic Partners and MUFG Innovation Partners.