Wrench operates a mobile vehicle repair service and has added $20m to its coffers thanks to commitment from the likes of Marubeni.
Month: November 2019
Productiv lines up $20m series B
Okta Ventures supplied a share of the cash for software engagement analytics platform Productiv, which last raised funding in March 2019.
HealthCare.com mends $18m series B
Axis Capital and CNO Financial Group invested in health insurance portal Healthcare.com’s second funding round, proceeds of which will support product development and other growth objectives.
Raven harvests Smart Ag
Stine Seed-backed farm equipment automation technology company Smart Ag has been bought by Raven Industries, which plans to integrate the offering with its new automated precision agriculture division.
Life360 turns on Zenlabs
Screen time limits app developer Zenlabs has been bought by Life360, paving the way for internet browser publisher Otello to exit.
Cadence slips into $15m series A
Mayo Clinic Ventures pumped in a share of the proceeds for Cadence Neuroscience, which is working on biomarker-powered neuromodulation therapies for drug resistant-focal epilepsy.
Inkbit blots $12m onto its ledger
Stratasys, DSM Venturing, Saint-Gobain, 3M Ventures and Ocado all chipped in for 3D printing technology developer Inkbit, which hopes to use AI and computer vision to produce complex components at scale.
Axa acknowledges Vives Inter-University Fund
UCLouvain’s Vives hopes to raise $55.4m altogether for a new VC fund targeting its spinouts and those of regional academic partners, and has already attracted the support of limited partners including Axa Belgium.
AstraZeneca institutes $1bn fund
AstraZeneca has partnered CICC to launch a fund that will invest in Chinese startups exploiting technologies such as artificial intelligence to improve healthcare.
Freee to figure out IPO
Freee has submitted paperwork for approval to list on the TSE Mothers Market next month, potentially offering exits to more than half a dozen corporates such as Line and Sharp.
Reonomy retrieves $60m series D
Citi Ventures and Wells Fargo Strategic Capital have taken part in a $60m series D round for Reonomy, nearly doubling the proptech developer’s total equity to $128m.
IAN closes $53m fund
Indian Angel Network has achieved a final close of $53m for its inaugural fund thanks to limited partners including Hyundai, Max Group, India Infoline and Yes Bank.
Eight Sleep relaxes with $40m series C
Comcast-backed smart mattress manufacturer Eight Sleep has increased its total funding to almost $65m following a $40m series C round led by Founders Fund.
Coda calls in Astellas for $34m series A
Astellas has re-invested in Coda Biotherapeutics, which is working on therapies for conditions such as focal epilepsy and chronic neuropathic pain.