Hubert Burda Media has participated in a $16m series C round for StashAway, bringing its total funding to more than $36m.
Month: July 2020
Corporates book place in Candis’s series B
The accounting software provider received $14.2m in a round co-led by Rabo Frontier Ventures that included Commerzbank.
Corporates swoop into Ace Aero Partenaires
Dassault Aviation put up $15.3m for the $739m close of Ace Aero Partenaires’ aviation technology fund, which includes Airbus, Safran and Thales among its limited partners.
Tencent shifts funding to Shushi
E-commerce software startup Shushi has received approximately $14.3m from Tencent Investment through an angel round.
King of the hills
There are occasional silver linings even for the blackest clouds. One was as the covid-19 disease broke out this year competition for deals became a little lighter.
Thrive prospers with $257m round
Thrive Earlier Detection, the developer of an early cancer screening blood test invented at JHU and backed by Exact Sciences and Blue Cross and Blue Shield Association, has raised $257m in series B funding.
Sema4 sequences $121m series C
Mount Sinai Health System spinoff Sema4 has achieved a valuation of more than $1bn following a $121m series C round that featured all existing external shareholders.
Line Man picks up $110m
Line’s on-demand delivery service has attracted $110m from BRV Capital as it merged with restaurant listings website Wongnai Media.
Humana has $100m for Heal
Heal has entered into a strategic partnership with Humana that includes a $100m investment from the corporate and will support an expansion into additional US cities.
Remitly receives $85m led by PayU
PayU returned to lead an $85m funding round for Remitly as demand for its cross-border money transfer service continues to grow amid the pandemic.
Eargo listens to Nan Fung again for $71m
Nan Fung Life Sciences formed part of a consortium of new and existing backers that injected $71m into hearing aid manufacturer Eargo.
Guoquan Shihui dishes up $60m series C
Sanquan Food-backed convenience store operator Guoquan Shihui has raised $60m in series C funding to bring its total capital to more than $123m.
Density quantifies $51m series C
Lincoln Property Company has contributed to a $51m series C round for Density, which has created technology to anonymously count the number of people in a space.
Toppr scales $46m series D heights
AI-powered online education platform Toppr will look to scale its offering following a $46m series D round, though Brand Capital did not return for the latest capital injection.