Children’s debit card provider Greenlight is valued at $1.2bn after raising $215m in funding from a host of investors, though none of its corporate backers participated this time.
Month: September 2020
Miniso to go big on NYSE
Tencent-backed low-cost retailer Miniso has put a $100m placeholder figure in its filing for an IPO, more than a year after its plans first emerged.
Silverback hops into $85m series C
Cancer drug developer Silverback has secured $211m to date from investors including BMS, Celgene and Alexandria Real Estate Equities.
Cyclone hits $40m series B
Lenovo Capital has chipped into the RPA software provider’s latest funding, which will go toward improving its products and entering new markets.
Teo and Ng reach Altara Ventures
Former B Capital Group partners have formed a $100m venture fund that will principally target Southeast Asia-based technology startups.
Banse to retire from Comcast as Cavanagh takes over
Amy Banse, executive vice-president of US-listed cable company Comcast and head of funds for its corporate venturing unit, Comcast Ventures, will be retiring at the end of next year. Mike Cavanagh, chief financial officer at Comcast, has taken over immediately her role overseeing Comcast Ventures leaving Banse, a Global Corporate Venturing Powerlist 2020 award winner,… Continue reading Banse to retire from Comcast as Cavanagh takes over
Danone munches on Hungry Harvest
Hungry Harvest, a US-based produce delivery service, has raised $13.7m in its series A round from a consortium including Danone Manifesto Ventures (DMV), the corporate venturing unit of France-based daily company Danone. The round was led by Creadev, a global private equity investment firm controlled by the Mulliez family, with participation from investment firms Quadia… Continue reading Danone munches on Hungry Harvest
EFileCabinet shuts drawer on C round
EFileCabinet, a US-based document management company, has raised $11.5m in its series C round from a consortium including AllegisNL Capital, a joint venture between Japan-based insurer Nippon Life and venture capital firm Allegis Capital. AllegisNL Capital is a $150m pool of capital focused on fintech, insurtech, and digital healthcare. Two-thirds of the money is managed… Continue reading EFileCabinet shuts drawer on C round
VanMoof cycles into B round
Netherlands-based e-bike manufacturer VanMoof has raised £30m ($37.7m) in its series B round taking its total funding to £55m. In May, VanMoof received $13.5m in a round featuring electronics manufacturer Sinbon Electronics, its strategic bike assembly partner, and venture capital firm Balderton Capital. Balderton along with VC peers Felix Capital and Norwest Venture Partners, which… Continue reading VanMoof cycles into B round
Truist closes first deal with Veem
Veem, a US-based global payments network, has raised $31m in a series D round from a consortium led by Truist Ventures, the corporate venture capital division of Truist Financial, the country’s sixth-largest commercial bank formed in December out of the merger of BB&T and SunTrust. Other new participants in the round included MUFG Innovation Partners, the corporate venturing… Continue reading Truist closes first deal with Veem
Humatics finds itself with $30m
Humatics, a US-based microlocation technology, has raised $30m in its series B round from a consortium including multiple corporate venturing units. Venture capital firm Blackhorn Ventures led the round, with participation by investment bank Tenfore Holdings, family office Fontinalis Partners and corporate venturing units Airbus Ventures, Lockheed Martin Ventures and Sumitomo’s Presidio Ventures. The $30m will… Continue reading Humatics finds itself with $30m
Supercell comes in again for Metacore
Metacore, a Finland-based game studio previously known as Everywear Games and previously backed by local peer Supercell, has raised €25m. The financing consists of a €15m equity investment and a €10m credit line from mobile game producer Supercell (owned by Tencent) to fund the development of its new puzzle game, Merge Mansion. In November 2018, Supercell… Continue reading Supercell comes in again for Metacore
Merck makes quantum decision with Seeqc
Seeqc, a US-based quantum computing company, has raised $22.4m in its series A round with $5m coming from M Ventures, the strategic corporate venture capital unit of Germany-based healthcare company Merck. The M Ventures funding was first announced in April. EQT Ventures, an investment vehicle run by Sweden’s Wallenberg family lead the round, which also… Continue reading Merck makes quantum decision with Seeqc
LifeOmic spinout JupiterOne raises $19m
JupiterOne, a US-based cybersecurity provider, has raised $19m in its series A round from a consortium including former parent healthcare provider LifeOmic. Bain Capital Ventures, the venture capital unit of management consultancy firm Bain, led the A round with additional investment from Rain Capital and individual investors. JupiterOne replaces manual asset inventories and survey-driven security… Continue reading LifeOmic spinout JupiterOne raises $19m