IESE Business school ran its 8th Open Innovation Conference last week, with the virtual event co-hosted by Prof Josemaría Siota and Prof Julia Pratts.
Month: May 2020
Chehaoduo services $1.7bn series D
SoftBank Vision Fund and Sequoia Capital China have injected an additional $200m in funding to bring the series D round, already backed by the former, to $1.7bn.
RWDC rolls into $133m series B
Flint Hills Resources has contributed to a $133m series B round for RWDC Industries, which is working on a biodegradable alternative to plastic.
Praxis Precision pinpoints $100m
Novo Holdings has joined the early-stage consortium of Praxis Precision, a gene therapy business targeting neurological mechanisms across CNS-driven and psychiatric diseases.
Cockroach Labs inserts $87m into series D
GV has returned for an $87m series D round for Cockroach Labs, having already participated in all of the database technology developer’s previous rounds.
Nium nabs series D funding
Visa has participated in a series D for Nium, the international remittance service formerly known as Instarem, with earlier reports suggesting a $75m to $100m round size.
LetsGetChecked achieves $71m funding results
At-home clinical testing services provider LetsGetChecked has raised $71m from investors including Illumina and Optum as it faces increased demand.
Pulmonx inhales $66m
Posco-backed medical device developer Pulmonx has added $66m to its coffers thanks to a consortium led by Ally Bridge and secured an additional $17m to refinance a debt facility.
Nvidia designs Cumulus acquisition
Two years after Telstra Ventures led a $43m series D round for Cumulus Networks, Nvidia has agreed to purchase the data centre networking technology provider.
Cashlez celebrates IPO
The mobile payment terminal supplier booked $5.8m from its IPO and is now lining up an acquisition to expand its business.
Proxymity pulls in $20.5m
Citi-founded shareholder communication portal creator Proxymity has raised an initial $20.5m sum to expand its software and target additional markets.
GigaSpaces finds room for $12m round
Intel Capital-backed GigaSpaces increased its funding total to $60m with a round set to drive growth of its transactional data orchestration platform.
Dentsu identifies innovation studio
The marketing agency has partnered its ISID subsidiary to form a new open innovation arm in Silicon Valley, appointing Dentsu Ventures’ Yu Hirayama to manage the initiative.
Tehama tees up $10m series A
Workforce collaboration software business Tehama, a spinout of IT services firm Pythian, attracted investors including Omers Ventures for its first funding round.