The data storage platform developer raised $21.4m in a round led by Cosco Shipping Development that will support recruitment and market expansion.
Month: July 2020
Truepill fulfils $25m series B
Optum Ventures helped the prescription fulfilment platform push its total funding to more than $39m, with the cash to fund product development.
Merger changes take hold
Global merger and acquisition (M&A) deal values fell by 52% during the first half of 2020, compared with the $1.9 trillion in the same period last year, while the number of deals fell by 16%.
WBA moves into VillageMD with $250m
VillageMD is set to receive a total of $1bn in equity and convertible debt financing from Walgreens Boots Alliance over the next three years, giving the corporate a 30% stake.
Perfect Day reveals $300m series C
Continental Grain-backed Perfect Day has raised a further $160m for a round that increased the vegan dairy protein developer’s overall funding to more than $360m.
Suse corrals Rancher Labs
Tesltra Ventures is exiting Kubernetes management platform developer Rancher in an acquisition reportedly sized at between $600m and $700m.
VelosBio sells investors on $137m series B
The cancer therapy developer boosted its overall funding to more than $200m in a round that included series A backer Takeda Ventures.
BP books $70m for Green Growth Equity Fund
BP is set to invest $70m for the renewables-focused fund, which is managed by a joint venture of its Lightsource BP subsidiary and which has a target size of $700m.
OwnBackup stacks up $50m
Salesforce Ventures returned for a round that pushed the data backup technology developer’s total funding past $100m and doubled its valuation.
Chainalysis pulls series B up to $49m
Ribbit Capital and Sound Ventures supplied $13m to expand the blockchain data technology producer’s latest round, which includes Mitsubishi UFJ Financial Group.
Corporates help energise Natron’s $35m series D
ABB Technology Ventures co-led a round including Chevron that increased sodium-ion battery developer Natron’s lifetime funding to more than $70m.
VarmX arms itself with series B cash
Lundbeckfonden Ventures took a board seat at VarmX as part of a $36.2m round that will fund development of a treatment for spontaneous bleeding.
Apiture reaches Pinnacle in $20m round
The digital banking tool provider, formed by Live Oak Bank and First Data, has pulled in funding from investors including Pinnacle Bank.
LeddarTech adds Vayavision in acquisition deal
LG and Mitsubishi UFJ Capital have exited the driver assistance technology developer in a purchase of undisclosed size by LeddarTech.