As the world begins planning for a post-pandemic recovery, the United Nations is calling on people and governments to “build back better” by creating more sustainable, resilient and inclusive societies.
Month: April 2020
SoftBank reworks WeWork loss estimate to $6.6bn
The corporate has revealed it expects to lose $6.6bn on its WeWork investment in the last financial year, separate to its Vision Fund commitments.
Mojo Vision spies investors to raise $51m
Liberty Global Ventures, Gradient Ventures, Motorola Solutions Venture Capital, Numbase and KDDI Open Innovation Fund all backed the smart contact lens developer’s series B-1 round.
Salesforce slots into Niche for $35m series C
Salesforce Ventures has thrown its weight behind Niche as the educational matchmaking service prepares to add thousands of schools to its platform.
Robocath puts its heart into series C round
Robocath, which is developing robotic-assisted technology for cardiovascular diseases, has formed a strategic partnership with Microport in connection with a $43.4m round.
Topia ropes in Workday for $15m round
Topia, a developer of remote work management software, closed a series D round shortly after integrating with software produced by new investor Workday.
Secret Double Octopus seals $15m series B
KDDI, Sony and existing investor Liberty Media helped the passwordless authentication system developer close its first round since 2017.
Amply Power ramps up with new funding
Siemens has invested in Amply as part of a $13.2m round that came just three months after the EV charging service closed its seed funding.
Vutiliti gets series A charge
The energy monitor developer secured $11.8m in a round co-led by Constellation Technology Ventures and backed by Chevron Technology Ventures.
Fintech flies high
As highlight in our weekly podcast, some sectors are flying high and, certainly relative to the global financial crisis a dozen years ago, banks and financial services providers are one of them.
CVC in the Time of Coronavirus: Blake Luse, Ferguson Ventures
Ferguson’s investment arm is in weekly contact with portfolio companies and expects digitisation to be more widely adopted in the construction industry as work practices change.
Rapid7 racks up $145m DivvyCloud purchase
Discovery Communications will exit the cybersecurity automation platform developer in a $145m cash-and-share deal following $29m in venture funding.
FIS fits in $150m for strategic investments
FIS Ventures is set to invest up to $150m in the next three years on behalf of its financial technology-focused parent company and has sealed its first deals.
Oriente obtains $50m in series B funds
Wix.com was among the investors in a $50m first close of the online lender’s series B round, following $105m in series A funding closed in 2018.