MicroPort Scientific’s cardiovascular technology spinoff secured $130m at a $1.1bn valuation, with the cash to fund R&D, manufacturing and market growth.
Month: April 2020
Faze Clan levels up with $40m series A
Ntwrk co-led the round for Faze Clan through a commercial partnership that will involve the latter’s esports merchandise integrating with its video commerce platform.
Kingsoft Cloud hardens IPO plans
Xiaomi is the second largest shareholder in Kingsoft’s cloud services spinoff, which has filed to raise up to $100m on the Nasdaq Global Select Market.
Analysis: Cohesity gets $250m
Several corporate investors backed the latest $250 round raised by data management platform developer Cohesity at a valuation of $2.5bn. The deal is part of the dynamic broader space of big data technologies which have captivated the attention of corporates over the past decade.
Funding Societies finds $40m
Undisclosed backers have supplied series C funding for the SoftBank and Line-backed business finance provider, which has now raised more than $72m in total.
Gojo takes joy from series D round
Returning investors Seven Bank and SBI Group contributed to a $21.6m first close of the microfinance provider’s series D round.
Wanlihong gets Cash in new round
Chinese Academy of Sciences vehicle Cash Capital provided up to $42.4m for the iris recognition technology developer, following a Gree investment in September.
Anodot tots up $35m
The business-monitoring software developer secured new funding in an Intel Capital-led series C round also featuring SoftBank Ventures Asia and Samsung Next.
Capital Float captures $15m
Amazon returned with three other existing investors to bring consumer and enterprise financing provider Capital Float’s total funding to $125m.
Nifty scores $12m in series A funding
Mobile game studio Nifty Games secured funding in an Axiomatic and Century Game-backed round as it gets ready to release its first title.
Morgan Stanley opens fourth Multicultural Innovation Lab
The investment bank’s diversity-focused accelerator has adopted a digital format with participants from across the financial, healthcare, industrial and services sectors.
Corporate venturing deal net: 13-17 April 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Corporates enter SafeBreach’s $19m series C
Paypal, DTCP and Hewlett Packard Pathfinder helped the cybersecurity software provider push its overall funding past the $50m mark.
Previse invoices Mastercard in $11m round
Invoice verification software developer Previse has raised at least $20.5m to date, Mastercard leading its latest round with the Kuehne + Nagel-backed Reefknot Investments.