CVC Capital Partners is in talks to pay $450m for a 25% stake in the Access Industries-backed app monetisation platform developer, with investors in line to receive dividends from the deal.
Month: October 2019
Rapyd speeds up with $100m series C
Stripe has returned for the digital payments technology provider’s series C round, which valued it at nearly $1bn, with the proceeds to fund international growth.
Endotronix expands series D to $70m
OSF Healthcare and Wanxiang both returned for the extension having also contributed to a $45m first close for the patient management platform developer.
3vjia successfully plots out $70m Alibaba investment
Alibaba is now the largest investor in property design software producer 3vjia following a $70m deal that comes after a Red Star Macalline-led series B round last year.
4D Molecular files for $100m IPO
The Pfizer and Chiesi-backed gene therapy developer plans to use the IPO proceeds to advance treatments for Fabry disease, cystic fibrosis and ophthalmological diseases.
StretchSense reaches out for new ownership
StartToday-backed wearable sensor provider StretchSense has been purchased out of administration by an unnamed buyer.
Khatabook hooks $25m in series A funding
Tencent contributed to the first disclosed round for the finance management software provider following its participation in Sequoia India’s Surge accelerator.
Holtzbrinck tosses funding to Amboss
The medical research provider secured $32.7m in a round backed by existing investor Holtzbrinck Digital that will fund its entry into new markets.
Eda carries himself to Marubeni
Newly formed corporate venturing unit Marubeni Ventures has hired Hiroki Eda, formerly of DG Incubation, as managing director.
Sharp shifts from BP to Beyond Limits
Meghan Sharp, number two on this year’s GCV Rising Stars list, is taking the COO role at Beyond Limits, leaving investor BP Ventures to do so.
Xmos to expand with $19m
The voice-focused electronic component maker increased its overall funding to more than $90m, raising $19m in equity and debt financing.
Randstad makes another Brazen investment
Brazen Technologies, which recently secured $3.2m in debt and equity financing, has been backed by existing investor Randstad Innovation Fund.
Corporates find a home at iYell
The mortgage technology developer raised $15.3m in a round featuring Mitsubishi Estate, Sompo Japan Nipponkoa, West Holdings and Credit Saison.
Digit digs into series C round
The savings assistance app developer boosted its overall funding to more than $63m in a $27.5m round featuring Citi Ventures and existing backer GV.