GCV Emerging Leader Pratima Aiyagari has left Cisco Investments’ parent company after almost a decade to join venture capital firm Paladin Capital.
Month: April 2020
OpenInvest indexes series A1 funding
Asset purchasing platform developer OpenInvest lured ABN Amro Ventures to a $10.5m round that pushed its overall funding to nearly $24m.
Barahona makes his way to Alaya
Claudio Barahona Jacobs has taken the managing director position at the venture fund after nearly a decade at Telefónica’s Wayra Chile unit.
Riot Games buys Hypixel
RPG developer Hypixel Studios has been purchased by Riot Games for an undisclosed amount two years after it invested in the startup.
Juganu juggles $18m
The intelligent lighting system developer has now received $46m in total, Comcast Ventures leading a round that included existing investor Amdocs.
Maihaoche pulls into $20m round
Zhejiang Heico Holding Group led a round for automotive stock and finance provider Maihaoche that included fellow corporate Kaixin Auto.
Recycling Technologies picks up Neste investment
Neste Oyj invested $5.7m in the waste-to-oil technology provider through a strategic partnership deal as part of an $11.4m round.
Stepping up rather than cashing in
A hundred-dollar bill is lying on the ground. An economist walks past it. A friend asks: “Didn’t you see the money there?” The economist replies: “I thought I saw something, but I must’ve imagined it. If there had been $100 on the ground, someone would’ve picked it up.”
Stripe upsizes series G to $850m
GV helped provide a further $600m for the online payment processor as it seeks to keep up with increased demand amid the coronavirus lockdown.
Verizon gets into BlueJeans acquisition
DTCP is set to exit video conferencing software developer BlueJeans Network which has agreed to an acquisition by Verizon Business reportedly sized at under $500m.
Vast Data expands with $100m
The flash storage system provider secured series C funding from investors including Siemens, Dell and Mellanox, valuing it at $1.2bn.
Mabworks amasses $160m in series C round
The E-Town Biomedical Park-backed biopharmaceutical company, which has some 15 assets in clinical trials, has completed a two-tranche series C round.
Huma hits up BioBeats for acquisition
Wellness tracking app developer Biobeats has been bought after raising a total of $6.3m in funding from investors including Axa, Samsung and Cantora.
Reflexion radios in for another $100m
Long-term investors Johnson & Johnson Innovation, JJDC and Pfizer Ventures took part in a round that boosted the radiotherapy developer’s overall funding to $264m.