July 2020 – Page 10

BCA signs up third batch for Synrgy

Bank Central Asia’s accelerator has chosen 11 startups for the third cohort of its accelerator partnership with GK – Plug and Play.

VC firm Artis Ventures led a round for robotic surgery software developer Activ 10 months after its Sony-backed series A funding.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The medical technology provider has formed Ascendum Capital Partners in partnership with DCP Capital and Qiming Venture Partners.

The Fosun and Hidea-backed stroke therapy technology developer has raised an eight-digit sum that will help advance its product pipeline.

Merck & Co backed a $14m series B for SAB Biotherapeutics, which is developing drugs for two forms of coronavirus including Covid-19.

Much of the modern world is shaped by a handful of outsized events, primarily the Second World War.

The EV battery producer has gone public in China, weeks after raising $193m in a round featuring strategic partner Daimler.

The oncology therapy developer has gone public in an upsized offering that provided exits for SoftBank Vision Fund and Alphabet’s GV unit.

TAL Education-backed online tutoring service Vedantu’s Coatue-led series D round increased its valuation from $280m to $600m.

The round valued the Western Digital-backed file management technology provider in excess of $1.2bn and pushed its total funding past $350m.

The Fiserv-backed cybersecurity services and technology provider increased its total funding to $275m in a Temasek-led round.

The financial integration software developer will use the proceeds from the Mastercard-backed series A round to launch its core product.

IT equipment provider Little Bear Rental will upgrade its partnership with JD.com following the round, where it raised a nine-digit renminbi amount.