Consumer Technology Association is among the LPs in the first fund raised by the diversity-focused venture firm, which has closed at an oversubscribed $40.3m.
Month: December 2019
Gong.io gets investors talking to raise $65m
Cisco Investments returned to reinvest in the sales analysis platform developer in a round that almost doubled its overall funding.
Procter and Gamble produces India fund
The Indian subsidiary of the consumer goods conglomerate has set up a $27.9m vehicle to invest in sustainable technology developers.
Accel Robotics accepts $30m
The retail AI technology developer received the capital in a SoftBank-led series A round that included Toyo Kanetsu Corporate Venture Investment Partnership.
DIP enlists startups for 11th AI.Accelerator
Half a dozen startups will make up the 11th batch of staffing services firm DIP’s 12-week AI.Accelerator initiative.
Kuaishou to close $3bn series F round
The short-form video platform is raising $3bn in a round set to include $2bn from Tencent, which will boost its stake to nearly 20%.
Portag3 Ventures protacts Fund II to $321m
Green Shield Canada, Alterna Savings and several insurers chipped in as the fintech-focused venture firm closed its second fund.
Cazoo cashes new funding
The DMGT-backed online used car retailer increased its overall funding to more than $100m in the space of a year, raising $32.2m as it officially launched its service.
FinAccel finishes series C with $90m
The e-commerce credit provider closed a $90m round co-led by the Naver-backed Asia Growth Fund that included Telkomsel Indonesia and Singtel, at a $500m valuation.
Echo Health accelerates Quartet’s series D round
Echo Health Ventures added $7.5m to a round that already included GV and Centene, helping the mental health care provider expand it to $67.5m.
Diabeloop ties together $24m series B
Diabetes management system developer Diabeloop will use the funding from the Agir à dom and Air Liquide-backed round to accelerate growth.
Allin Capital aligns with corporates for third fund
The semiconductor-focused venture firm has recruited SK Hynix, EmbedWay, Huafon and Guangzhou Fengshen Motor for a fund of undisclosed size.
Hui-Gene hauls in series A funding
Hui-Gene collected $14.2m from investors including WuXi AppTec and the Mayo Clinic-backed Huimei Healthcare Management to progress its gene therapy pipeline toward clinical testing and production.
Ola earmarks 2021 for IPO
SoftBank, Tencent, Didi Chuxing, Hyundai and Kia could be in line for exits as on-demand ride provider Ola starts setting the ground to go public.