SoftBank is leading a $46.6m round for the e-commerce integration platform as it carries on its Latin American spending spree.
Month: October 2019
JTC helps Starling feather its nest
JTC Group provided $12.8m as part of a $38.5m round that will help build out the digital bank’s services and fund expansion into non-UK European markets.
Mobikon adds $12.5m in B round
Mobikon, a Singapore-based mobile commerce platform backed by Russian conglomerate Sistema, has raised $12.5m in its series B round. Entrepreneur Binny Bansal led the round, which seems to be an extension of the $7m Mobikon raised in a series B round co-led by Sistema Asia Fund, an investment vehicle of conglomerate Sistema, C31 Ventures and… Continue reading Mobikon adds $12.5m in B round
Augmedix adds $19m in B round
Augmedix, a US-based developer of automation healthcare technology, has raised $19m in its series B round that includes investments from a consortium including McKesson Ventures, the eponymous pharmaceutical firm’s corporate venturing unit. The other investors included Redmile Group, DCM Ventures and Wanxiang Healthcare Investments. Tom Rodgers, senior vice president and managing director at McKesson Ventures,… Continue reading Augmedix adds $19m in B round
Total takes corporate venturing to $400m unit
The petroleum producer has transferred its corporate VC portfolio to a unit called Total Carbon Neutrality Ventures that will invest up to $400m in the next five years.
Hikvision visualises $141m investment vehicle
The security system developer has joined forces with investors including controlling shareholder China Electronic Technology to form an investment fund to target areas such as IoT and robotics.
KK knocks on Alibaba’s door for $100m
Alibaba’s Electronic World Trade Platform has returned to lead a $100m series D round for KK Group that pushed the online and offline marketplace’s valuation beyond $1bn.
Transwarp swallows $71m in series D2 round
Big data software producer Transwarp has received $71m of series D2 funding, following previous rounds that included corporates Tencent and TCL.
Rapt adapts IPO stance
The Celgene and GV-backed cancer and atopic dermatitis drug developer is now targeting $75m in an initial public offering it postponed in August.
Mastercard sends for SessionM in acquisition deal
Salesforce Ventures is set to exit customer engagement platform developer SessionM, which has agreed to a purchase by Mastercard.
Sunfolding flips up $32m in series B
Sunfolding, a former participant in an R/GA Ventures and Macquarie-backed accelerator, will use the series B funding to build out its solar tracker business.
PeerNova pins down $31m
Overstock’s Medici Ventures has returned to invest in financial data management software developer PeerNova’s latest round, with the proceeds to fund product development.
Ince Capital Partners accesses corporates for $352m
The China-based venture firm has closed an oversubscribed first fund that included CV Starr and Mayo Clinic as limited partners.
National Grid adds three deals
National Grid Partners (NGP), the corporate venturing and innovation unit of London and New York-listed electricity provider National Grid, has made three new deals. NGP is investing in CNIGuard, an internet-of-things (IoT) cloud sensor provider for utility-critical infrastructure, SparkCognition, an artificial intelligence (AI) systems platform, and Uniphore, an AI-enabled conversational service automation. Earlier in the month, US-based SparkCognition… Continue reading National Grid adds three deals