EPFL spinout Kandou has pushed its total funding to $96m in a series C round that included both Swisscom Ventures and Swisscom’s Digital Transformation Fund.
Month: September 2019
Fosun RZ takes DeepRoute to $50m
Fosun RZ Capital led a pre-series A round for autonomous driving technology developer DeepRoute, which plans to pilot a robo-taxi service for partner Dongfeng Motor Group next month.
Base prepares for Tokyo Stock Exchange jump
CyberAgent, Marui, Mercari and Money Forward are all in line for exits after e-commerce technology provider Base received approval for its initial public offering.
Deepexi depends on Bertelsmann in $35m round
Bertelsmann Asia Investments chipped in as enterprise management software provider Deepexi raised series A funding that will go to product development.
Bold Penguin puts $32m on ice
Lockton contributed to a series B round that took the commercial insurance tool provider’s total funding past the $50m mark.
SEC gets Kik out of messaging space
Tencent-backed Kik is closing its social media and messaging app as it pursues a costly legal battle with the Securities and Exchange Commission over an initial coin offering.
Vedanta gets more series C cash
The microbiome drug developer took its total series C funding to more than $62m, adding $16.6m from investors including Symbiosis, JSR and Bristol-Myers Squibb.
Setiadharma sets a place at MDI Ventures
Arya Setiadharma, chief executive of investment firm Prasetia Dwidharma, has taken a venture partner position at Telkom Indonesia’s corporate venturing unit.
Immutable imbibes $15m in series A funding
The blockchain gaming technology developer has received $15m in a Naspers Ventures-led round that will go to the full release of its trading-card game.
Buckner hangs up MD role at ATN Ventures
Laurel Buckner is heading to venture firm WestRiver Group as a managing director having helped ATN set up its corporate venturing arm.
Everledger tracks corporates for $20m
Tencent led a series A round for the asset-tracking technology developer that closed with investments from Rakuten and Bloomberg Beta.
Red Eléctrica de España reinforces CVC positions
The power producer has hired Álvaro Reguera Ferrer and Elena de Benavides Jimenez, the former having been in an investment role at Repsol.
Huumo gets a hoist at Fortum
Fortum has selected startup investments and acquisitions manager Mikko Huumo as its new head of external venturing.
Sonae helps mete out $21m to Ometria
The retail marketing software provider has now raised $32m altogether, securing funding in a series B round backed by returning investor Sonae IM.