LG CNS and Kakao Ventures chipped into a $25.7m round for the medical imaging-analysis platform developer, boosting its overall funding to $46m.
Month: January 2020
Lift Labs prepares third batch
Applications are open for the third batch of Comcast NBCUniversal’s Lift Labs accelerator, which will focus on connectivity and immersive experience technology.
Tyson’s Schroeder shoots to Allstate
GCV Powerlist mainstay Reese Schroeder has joined Allstate Strategic Ventures as an investor after nearly three years at Tyson Ventures and over a decade at Motorola Solutions Venture Capital.
Megvii gets permission for Hong Kong IPO
The Alibaba and Foxconn-backed image-recognition and artificial intelligence technology provider is expected to raise about $500m in the offering.
Indigo Agriculture harvests $200m
FedEx has contributed to a $175m convertible equity round for agricultural technology and services provider Indigo secured alongside $25m in debt financing.
Insight Partners imports Armis in $1.1bn deal
Insight Partners is acquiring the IoT security software provider through a transaction that will include $100m from Alphabet subsidiary CapitalG.
Olo to order up $300m in IPO
The restaurant management software provider, which counts PayPal among its investors, could reportedly float at a billion-dollar valuation this year.
Vision Fund pulls back in investments
SoftBank Vision Fund has dropped out of three large-scale investments in recent months, suggesting it is shifting to a more restrained strategy.
Investors root for Sonendo in $85m round
Henry Crown and Company’s investment affiliate CVF returned once again to back an $85m round for root canal treatment developer Sonendo.
BigID bills $50m from Tiger Global
Comcast, SAP and Salesforce-backed data protection software provider BigID took its total funding to more than $146m, raising $50m from Tiger Global Management.
SIG gets back to eRoad in series C2 round
Susquehanna International Group contributed to a $14.3m round for the human resources platform developer, six months after backing its series C1 round.
Info Edge gets $7m Meritnation exit
Info Edge has received $7m from Aakash Educational Services for its stake in the study materials provider, in which it had invested upwards of $21m.
ECBF sees Brandkamp to general partner position
Michael Brandkamp has departed from its managing director role at corporate-backed fund HTGF to become a general partner European Circular Bioeconomy Fund.
Saijou splits from Yamaha for Toyota role
Toyoya has hired Hiroshi Saijou, who used to run Yamaha Motor Ventures & Laboratory Silicon Valley, as a VP for its Toyota Research Institute division.