Samsung Catalyst Fund is exiting data recovery technology provider Datrium, which was valued at about $280m in its last funding round.
Month: July 2020
Evidation Health generates $45m results
McKesson Ventures came onboard for the health data provider Evidation’s series D round, helping it hike its overall funding to $106m.
Seeds Capital seeks corporates for $36m voyage
Innoport, PSA Unboxed and KSL Maritime Ventures are among the partners in a government-backed scheme to boost maritime technology in Singapore.
B2C2 becomes SBI partner in $30m deal
The crypto trading firm has received $30m in funding from SBI Financial Services as it aims to expand its offering into a prime brokerage.
Snippets on corporate venturing from Q2
There was a record number of first-time corporate investors in the first half of the year despite corporate venturing activity being down across deals, exits and funds.
Marico snatches Beardo
Marico has purchased the remainder of Beardo three years after it acquired a 45% stake in the men’s grooming brand.
InoBat Auto secures Čez funding
Čez Group supplied convertible note financing as part of an $11.2m round for InoBat Auto, which plans to build an electric vehicle battery factory.
Looop looks to corporates for fresh funding
Eneos, NEC Capital Solutions and Sojitz were among the investors to back a $26.3m round for the solar energy system installer.
Dataxet picks up Sonar Platform
MDI Ventures has exited Sonar Platform, developer of a social media marketing platform, in an acquisition by Dataxet.
Including half the population
At a Berkeley open innovation course hosted by Henry Chesbrough in December 2018, John Chambers, then CEO of US-based network equipment company Cisco, reportedly asked: “What do you think is the next big investment opportunity?”
Lemonade demonstrates $319m flotation
SoftBank, XL Catlin, Allianz and Alphabet-backed casualty and property insurance provider Lemonade priced the initial public offering above its range.
Annexon adds $100m
The round pushed the overall funding for the Novartis-backed autoimmune and neurodegenerative disorder drug developer past $250m.
AW Education graduates to series B round
Sunshine Insurance intends to set up a $142m industrial investment fund with student services provider AW having led its $28.3m series B funding.
Google points North to acquisition
Google paid a reported $180m for Amazon and Intel-backed North Wearables, the augmented reality glasses developer having sought a buyer since spring.