SoftBank’s Latin America fund has agreed to lead the digital lender’s series B round, which is still subject to regulatory approval.
Month: January 2020
Quench Bio pinches $50m in series A
AbbVie Ventures took a board seat through its contribution to the round, closed as the inflammatory disease therapy developer emerged from stealth.
Merck helps iOnctura mark series A round
Merck Group spinoff iOnctura will put the $18.7m it raised in the M Ventures-backed round into a clinical trial for its solid tumour therapy.
Life House lets in $30m
JLL Spark and returning investor Comcast Ventures participated in a series B round that will support the hotel chain’s movement into new markets.
Verizon and Samsung help Iguazio get $24m
AI app deveIopment software provider Iguazio boosted its overall funding to $72m in a round featuring Verizon Ventures and Samsung SDS.
Beacon beckons investors to $20m series B
Global Atlantic was among the investors in a round that likely doubled the overall funding raised by the financial app development platform.
AbbVie alumnus Brun moves to Horizon
Scott Brun, who headed AbbVie Ventures until last April, has taken on an R&D advisory role at pharmaceutical company Horizon Therapeutics.
Happy new year to greater China
First time for 60 years the start of a western decade coincides with the start of the Chinese lunar cycle and the year of the rat – happy new year to all the venture and innovation leaders in greater China and their work to support the entrepreneurs and in making the world a better place.
CurrencyCloud clutches $80m in series E round
Visa co-led a round that included GV, BNP Paribas, SBI Group and Siam Commercial Bank, bringing CurrencyCloud’s total funding to $141m.
JSW Ventures steels itself for $49m close
JSW Group expects its corporate venturing fund to reach a second close at about $21m next month on the way to a projected $49m close.
Crexi flexes in $30m series B
The real estate transaction and data platform has now received $55m altogether, Mitsubishi Estate having co-led its series B round.
OCBC NISP gets authorisation for $29m fund
The bank has received regulatory approval for a venture capital fund that can be sized at more than $29m but which will reportedly begin with $15m.
Decovry furnishes assets with Monoqi purchase
Monoqi, the furniture e-commerce platform formerly backed by Advance Publications, has been bought by Decovry for an undisclosed sum.
Stripe submits $30m offer for Fast investment
The coprorate has reportedly proposed investing in the one-click payment platform at a valuation of up to $180m.