Naver has backed four health and education technology developers – Huray Positive, Ichrogene, N.Cer and SoundGym – through its D2 Startup Factory accelerator.
Month: January 2020
Analysis: Visa swipes $5.3bn for Plaid
Visa is to acquire one of its portfolio companies, financial data network operator Plaid, in multi-billion-dollar transaction, which comes only four months after its latest commitment to the company along with its peer Mastercard.
Citi, Nestlé and Microsoft launch impact funds
Nestlé’s $258m sustainable packaging fund, Citi’s $150m Impact Fund and Microsoft’s $1bn carbon capture fund illustrate how corporates are adopting to new challenges.
Airlook sees out fresh funding
Baidu Ventures reinvested in the 3D mapping services provider through a $14.5m series B-plus round led by Guangfa Qianhe Investments.
Nano-X screens corporates for $26m round
Foxconn, SK Telecom and Fujifilm have all returned for a round that increased X-ray diagnosis platform developer Nano-X Imaging’s overall funding to $55m.
Evive absorbs WiserTogether
Evive has acquired the medical-treatment comparison platform, which had raised $16.3m in equity and debt financing from investors including Merck GHI.
Phenom People feels $30m series C
Axa Venture Partners returned for a round that boosted employee onboarding software developer Phenom People’s overall funding to $61m.
WorkBoard meets $30m series C benchmark
WorkBoard, developer of an enterprise performance measurement system, has accrued $65m to date, after a round featuring existing investors M12 and Workday Ventures.
Health Scholars heads to $17m series B
Proceeds from the OSF Healthcare-backed round will go to expanding the clinical training software provider’s educational content and enhancing its VR technology.
Corporate venturing deal net: 13-17 January 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Kairós entrusts Trucharte with new unit
Kairós Digital Solutions has hired Pedro Trucharte, who helped set up MásVentures for MásMóvil, to establish its corporate venturing vehicle, Kairós Ventures.
Wipro pipes up with $150m Fund II
Wipro’s strategic investment arm has followed its $100m first fund with a second one, having backed 16 companies and exited two.
Hyundai makes Arrival with $112m investment
The electric vehicle technology developer pulled in funding from Hyundai and subsidiary Kia at a $3.3bn valuation as part of a strategic collaboration deal.
Hantoro hurries to Telkomsel
MDI Ventures’ acting chief executive, Setyanto Hantoro, has shifted to managing director of another Telkom Indonesia subsidiary, Telkomsel.