The financial mapping software provider has added $2.5m to the SAP-backed first tranche it closed in January, taking the round to $11.5m.
Month: July 2020
Europe’s hydrogen strategy risks a common failing
Today’s launch of the European Commission’s hydrogen and energy sector integration strategies reflects some of the first fruits of a more mission-oriented finance and investment approach to running the European Union.
Ant Financial anticipates $200bn IPO valuation
Alibaba’s financial services spinoff is reportedly lining up an offering this year that would also represent an exit for China Life and China Post.
Cambricon cashes $368m in initial public offering
Lenovo, iFlytek, Alibaba and Tuling Century-backed AI processor provider Cambricon, valued at $2.5bn in 2018, floated on Shanghai’s Star Market.
Ucommune opens its doors to reverse merger
The co-working space provider, which counts a slew of corporates among its investors, will list on Nasdaq by merging with a SPAC in a deal jointly valuing them at $769m.
Vor gets more in $110m series B
Stem-cell cancer treatment developer Vor Biopharma has collected more capital from investors including existing backers Johnson & Johnson and PureTech Health.
Efort looks to house $118m in IPO
The robotics technology provider, a spinoff from automotive manufacturer Chery, plans to float in a Shanghai offering that will also allow Midea to exit.
AlloVir approaches public markets
Gilead-backed AlloVir has filed to raise up to $100m in an offering that will support the clinical development of a treatment for viral diseases.
LeanIX leaps into $80m series D
Software analysis product developer LeanIX has now secured $120m altogether, Deutsche Telekom Capital Partners returning for its latest funding.
CU seals $50m Healthcare Innovation Fund
UCHealth and Children’s Hospital Colorado are among the limited partners for the University of Colorado-affiliated healthcare technology fund.
Showroom makes space for fresh funding
DeNA sold shares in the live broadcasting platform through a round featuring Culture Convenience Club, KDDI, TV Asahi and SBI.
ADASpace adds series A funds
Xinjiang Communications Construction Group and New World Strategic Investment both contributed to a $21.4m round for the satellite system developer.
Flinks sinks $11m in series A round
Financial integration platform developer Flinks closed a series A round led by existing investor National Bank through its NAventures subsidiary.
SIG-backed eRoad secures series C3
The finance management software developer raised $28.5m in its third round in the past year, to increase its overall funding to $85m.