MassMutual Ventures now has $450m under management across five funds, with its third main fund to invest in North America, Europe and Israel.
Month: June 2020
Bespin reels in series C funding
SK Telecom contributed to a $74.5m round for the cloud software provider that will support expansion internationally and in its home market of China.
Vroom sets $319m target for IPO
The automotive e-commerce platform, which counts AutoNation among its investors, is set to raise up to $319m when it floats, at a valuation exceeding $1.9bn.
National Grid nets two new portfolio companies
The energy infrastructure operator has backed a $15m series D round for RiskIQ and a $14m series A for 1touch.io through investment subsidiary National Grid Partners.
Real Tech goes local with latest fund
Kobayashi and Daikin Industries are among the limited partners for the investment firm’s latest fund, which has a target of about $74m for its final close.
Bigfoot Biomedical moves forward with $55m
Bigfoot Medical, which is developing smart pens for diabetes management, closed an Abbott-led series C round after securing $45m in the first tranche in January.
Arterys arcs to $28m series C
Fosun and Varian Medical Systems returned to help medical imaging platform developer Arterys increase its total funding to $70m.
Div plunges into $17m round
Mori Trust and NEC Capital Solutions joined the programmer training school’s latest round, which was led by Fidelity’s Eight Roads Ventures Japan unit.
Otto Motors bottles up $29m
Clearpath Robotics’ industrial robot spinoff has secured series C capital in a round the company said expanded its overall fundig to $83m.
Korea’s move to open up CVC comes with an eye on its neighbour
It is hard to grasp the rapid shift in balance of innovation potential currently underway from the West to the East, and the locus of mimetic desire is shifting from what Silicon Valley does to what Shenzhen and Beijing are up to.
Repare prepares for $100m IPO
Celgene and BMS-backed cancer therapy developer Repare Therapeutics has filed to go public after raising more than $165m in equity financing.
BAI goes DeepExi in $50m round
Bertelsmann Asia Investments returned to co-lead digitisation technology startup DeepExi’s series A-plus round with Sanxia Xintai Investment and GL Ventures.
Danggeun successfully angles for $33m
The SoftBank and Kakao-backed locally-focused e-commerce platform raised the money in a series C round co-led by Goodwater Capital and Altos Ventures.
PlusDental adds series C funding
Ping An Global Voyager Fund has led a $35.4m series C round for the dental aligner producer that will drive continued expansion efforts across Europe.