Conichi has been purchased by strategic investor HRS and will be integrated into the travel booking platform’s business division.
Month: September 2019
AirMap locates Hangar for acquisition
R/GA is exiting drone workflow automation platform Hangar Technology, which has been purchased by AirMap for an undisclosed sum.
Facebook punches in up to $1bn for Ctrl-Labs
Facebook has paid a reported $500m to $1bn to acquire neural interface technology developer Ctrl-Labs, which had raised $67m from investors including GV and Alexa Fund.
Unbabel tables $60m series C
Translation technology provider Unbabel boosted its total funding to $91m in a round that included existing investors M12 and Samsung Next.
Frequency seeks $107m in IPO
Regnerative medicine developer Frequency Therapeutics has set the range for an initial public offering that will raise $107m if it floats at the high end.
Kitchen United cooks up $40m series B
Strategic partner RXR Realty joined GV to co-lead a series B round that will fund the expansion of Kitchen United’s network of food delivery hubs.
ArcTern Ventures advances second fund to $124m
Suncor contributed to the second close of cleantech-focused venture firm ArcTern’s second fund, which is now working towards an expanded target.
Carro parks itself in Tukar with $30m investment
Singapore-based used car and automotive services marketplace Carro has backed Malaysian peer MyTukar as part of a Southeast Asian expansion drive.
Hydrostor puts away $37m
Elemental Energy was among the participants as the energy storage system developer raised a combination of equity, debt and project development financing.
Securitize extends series A
KDDI, Mitsui Fudosan, Banco Santander, Mitsubishi UFJ and Nomura are among the investors that have provided $14m in a series A extension round, taking the round to $26.5m.
Built Robotics excavates $33m
Siemens subsidiary Next47 led a series B round for the construction robotics technology developer that also featured Sumitomo’s Presidio Ventures unit.
Fieldwire picks up funding in Hilti-backed round
Returning investor Hilti Group was among the participants in a $33.5m round that brought the construction management software developer’s overall funding to more than $40m.
Kelly takes German role at Techstars
Declan Kelly, formerly a founding partner at venture firm Amaranthine Partners, has joined the Germany-based investment team at accelerator Techstars.
Mastrobuoni leaves Tyson Ventures
Tom Mastrobuoni, chief financial officer at Tyson Ventures, the corporate venturing unit of the US-based food group, has left to become managing partner at an undisclosed firm. Tyson had set up a $150m fund to complement its core focus fresh meats, poultry and prepared foods businesses but has run into challenges. Portfolio company Beyond Meat… Continue reading Mastrobuoni leaves Tyson Ventures