Sistema Asia Capital is seeking capital from external backers for a second $120m vehicle that will concentrate on Southeast Asian investments.
Month: August 2020
Palfish paddles its way to $120m
Online English language tutoring portal Palfish has welcomed back Susquehanna International Group for a series C round that will drive product development.
Nano-X plans $106m IPO target
Existing investors including Foxconn, SK Telecom and iA Financial could buy up to $80m of shares in the medical imaging system developer’s initial public offering.
PayActiv triggers $100m series C
Ziegler Link-Age contributed to a round for SoftBank-backed financial wellness service PayActiv that increased its overall funding to $133m.
Mission Bio accomplishes $70m series C
Agilent Ventures has taken part in a Novo Growth-led round that brought the precision medicine technology developer’s overall funding to more than $120m.
Taronga Ventures targets $100m close
The real estate investor has secured CBRE as a limited partner for a property technology fund slated to close at $100m by the end of 2020.
Corporates hop on Airbus Ventures for Fund III
Mitsubishi UFJ Lease & Finance and Fuyo General Lease are among the limited partners for the unit’s third fund, following its opening of an office in Japan.
Omaze seizes $30m
Bertelsmann vehicle BDMI was among the investors that helped push the overall equity funding for charity crowdfunding platform Omaze past the $50m mark.
Simplebet reveals $35m winnings
The San Francisco Giants are among the investors that provided the funding for the in-game betting technology startup over multiple rounds.
Analysis: Life sciences transactions continue to rise
Amid the covid-19 pandemic, interest in life sciences is now perhaps at its highest. This is true in corporate venture capital and three of the multimillion-dollar stories we reported in mid-August corroborate this.
Keya Medical okays series B-plus funding
Kunlun Tech returned to reinvest in a $21.6m round for the cardiovascular imaging system provider, which is also working on a device for coronavirus diagnosis.
Boehringer Ingelheim docks at Bodyport
Boehringer Ingelheim Venture Fund led an $11.2m series A round for Bodyport, developer of a cardiovascular disease detection system.
Arevo assembles $25m series B
The composite manufcturing technology provider, which counts Asahi Glass and Sumitomo as investors, has now raised $60m altogether.
Corporate venturing deal net: 10-14 August 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.