Munich Re Ventures co-led the first round to be disclosed by the fleet insurance provider, with Qualcomm Ventures also participating.
Month: August 2020
KE Holdings bakes up $2.1bn flotation
Tencent is buying $160m of shares in the real estate platform’s initial public offering, which also provides an exit for SoftBank Vision Fund.
Salesforce chimes in as Gong raises $200m
Salesforce Ventures has participated in a series D round for Gong that increased the customer service software provider’s valuation to $2.2bn.
SK Automation skates to $105m IPO
SAIC Capital has scored an exit less than two years after it invested in the now publicly-listed intelligent manufacturing technology provider.
Fineos finds Limelight for $75m acquisition
MassMutual, Axa, Wanxiang, Principal Life, Aflac, Wells Fargo and Transamerica are all set to exit the insurance automation platform developer.
Blend cements $75m series F
Canapi Ventures led a $75m series F round for Salesforce Ventures-backed Blend, valuing the digital lending platform at almost $1.7bn.
Parsable parcels up $60m series D
Honeywell, Cisco Investments and Saudi Aramco Energy Ventures contributed to a round that pushed the workflow management system developer’s total funding to $133m.
SBI gets in Habito for series C round
SBI co-led a $45.5m round for the mortgage services provider that hiked its overall funding to more than $78m as it looks to broaden its product range.
Perimeter 81 permits $40m series B
The SonicWall-backed cybersecurity software provider boosted its overall funding to $65m in a round led by Insight Partners.
Illumina Ventures promotes Meuleman to partner
Wouter Meuleman, part of the founding team at Illumina’s corporate venture capital unit, has moved up a notch from principal.
Openet locks up Amdocs acquisition
Amdocs has paid an undisclosed amount for the telecommunications software producer, which had raised at least $55m from investors including Nippon Steel.
Kanmu comes to new funding
Seven Bank has invested $10.6m in the Adways and Freakout Holdings-backed prepaid debit card provider to push its overall funding to almost $42m.
Lufax to lift itself on to public markets
Cofco and several banks will get the chance to exit Ping An’s online lending spinoff, which is targeting $3bn in a US initial public offering.
Oak Street outdoes IPO expectations to raise $377m
The Humana-backed primary care provider has closed its initial public offering after its share price more than doubled post-IPO.