PPD has backed clinical trial preparation software developer Medable as an existing investor having also partnered the business to launch a telemedicine-based clinical trial product last year.
Month: May 2020
Near Protocol collates fresh funding
The blockchain software deployment service has raised $21.6m to follow a series A round last year that included contributions from Coinbase Ventures, Ideo Colab Ventures and Ripple’s Xpring.
Boohee sweeps series C capital
The food and nutrition business picked up backers including Fosun International and existing investor Qualcomm Ventures after earlier rounds in 2011 and 2014.
Go big or go home
We have seen some big deals so far this year in the financial services sector, with Visa acquiring Plaid and Mastercard joining AvidXchange, but while payments remains localised in many cases the opportunities to join up the global commerce world beckons.
CVC in the Time of Coronavirus: Jon Eide and Dusty Lieb, Echo Health Ventures
COO Jon Eide and partner Dusty Lieb have spoken to GCV about the balance between pursuing more attractive valuations while dealing with differing expectations from its healthtech portfolio.
Intel picks up Moovit for $900m
Intel confirmed its acquisition of Moovit for $900m, following reports over the weekend that the corporate was looking to pay as much as $1bn for the transit app developer.
N26’s series D adds up to $570m
Tencent and Allianz-backed N26 has added $100m in a third series D tranche to bring the round to $570m, allocated to an expansion across Europe, the US and Brazil.
Kingsoft Cloud to claim IPO throne
Kingsoft’s cloud services subsidiary has set its price range for an initial public offering in the US and will raise as much as $450m in proceeds if it floats at the higher end.
Robinhood captures $280m series F
Robinhood fetched an $8.3bn valuation thanks to a $280m series F round featuring a range of existing backers, though it is unclear if Alphabet and Roc Nation were among them.
Ninja Van picks up $279m in funding
A month after reports suggested Ninja Van had raised $124m in series D funding from several corporates, the company confirmed it actually secured $279m.
Back Market certifies $120m round
Groupe Arnault-backed Back Market has added $120m in funding to its coffers thanks to Goldman Sachs, Aglaé Ventures and Eurazeo Growth.
ASR processes $119m round
TCL Capital was among the investors in a $119m funding round for ASR Microelectronics, which also attracted Zhangjiang and increased its overall funding to $419m.
Zeitgold treasures series B funding
Deutsche Bank and Axa Innovation Campus featured in a $29.2m round that brought enterprise book-keeping app developer Zeitgold’s funding haul to approximately $57m.
Dailyhunt tracks down more series G funding
ByteDance-backed news and entertainment aggregator Dailyhunt increased its total funding to around $183m after a series G extension from James Murdoch-aligned Lupa India.