The Israeli investment arm of Access Industries joined Workday Ventures to help bring the human resources software provider’s overall funding to $89.5m.
Month: October 2020
Tend bites down on $37m
The dental services startup boosted its total funding to $73m in a round led by GV, with the cash to support the opening of new clinics.
Analysis: Logicreation files for IPO
China-based education services provider Beijing Logicreation Information & Technology, which counts internet company Tencent among its backers, filed for a RMB1.04bn ($152m) IPO on the Shenzhen Stock Exchange’s ChiNext board in September.
Vreugdenhil to replace Legrand at ING
Netherlands-based bank ING has promoted Annerie Vreugdenhil, head of wholesale banking innovation, to oversee ING Neo, a new unit to combine all of its innovation programmes and reporting directly to new CEO Steven van Rijswijk. Benoît Legrand, ING’s current head of innovation and corporate venturing and former GCV Powerlist 2018 award winner, said he would… Continue reading Vreugdenhil to replace Legrand at ING
Dip rises to SBI-managed fund
Dip, a Japan-listed jobs website operator, has committed the first Y1.1bn ($15m) of a planned Y9bn corporate venture capital fund targeting artificial intelligence (AI), robotic process automation (RPA) and human resources technology, according to a regulatory filing first seen by advisory firm Staffing Industry Analysts. The company said the new fund, Dip Labor Force Solution… Continue reading Dip rises to SBI-managed fund
Thai Union feeds on deals
Thai Union Group, a Thailand-based seafood provider, has made three direct investments and a limited partner (LP) commitment to VisVires New Protein, a Singapore-based food tech investment fund. Thai Union set up a $30m corporate venturing fund targeting alternative protein, functional nutrition and value chain technology startups last year and its new direct investments are… Continue reading Thai Union feeds on deals
Toyo Seikan packs Shiok Meats deal
Shiok Meats, a Singapore-based cell-based meat company producing an alternative to shrimp, has raised $12.6m in its series A round from a consortium including Japan-based packaging group Toyo Seikan Group. Investment fund Aqua-Spark led the A round, which also included VCs Seeds Capital, Real Tech Fund, Irongrey, Yellowdog Empowers Fund, Ilshin, Veg Invest Trust, Makana… Continue reading Toyo Seikan packs Shiok Meats deal
Fitch rates Acin a deal
Acin, a UK-based data standards firm for digitising operational and non-financial risk, has raised $12m in its series A round from a consortium including Fitch Ventures, the corporate venturing unit of US-based rating agency Fitch Group. Fitch Group is owned by media group Hearst and its venture unit was formerly known as Hearst Financial Venture Fund.… Continue reading Fitch rates Acin a deal
Neuron Mobility scoots to A round extension
Neuron Mobility, a Singapore-based electric scooter rental service backed by Siri Ventures, the venture capital partnership between real estate developer Sansiri Public Company and financial services firm Siam Commercial Bank, has added S$12m ($10m) to a series A-plus round. Led by VC firm Square Peg and GSR Ventures, this increases the round’s new total to… Continue reading Neuron Mobility scoots to A round extension
Movile partners with Zoop
Zoop, a Brazil-based financial services platform for small companies, has raised R60m ($10.6m) from local internet group Movile and chip developer Qualcomm’s corporate venturing unit. Movile led Zoop’s round with participation from Qualcomm Ventures and venture capital firm Avalancha Ventures and Darwin Capital. Zoop originally won Qualcomm’s startup Q Prize in 2014, while Movile had previously… Continue reading Movile partners with Zoop
J&J returns to BaseLaunch
US-based healthcare company Johnson & Johnson’s Cilag pharmaceutical division has joined BaseLaunch Phase II, the Basel area-based biotech venture accelerator and incubator in Switzerland run and financed by Basel Area Business & Innovation, the region’s investment and innovation promotion agency. Roche committed to the second phase of BaseLaunch in May while Pureos became its first… Continue reading J&J returns to BaseLaunch
Döhler drinks to Lyre’s round
Lyre’s Non-Alcoholic Spirit Company, an Australia-based maker of non-alcoholic spirits, has raised $11.5m in its seed round split into three tranches from a consortium including Doehler Ventures, the corporate venturing unit of Germany-based ingredients supplier Döhler Group. Other investors in the seed round included VC firms VRD Investment and DLF Venture, and Maropost Ventures, the… Continue reading Döhler drinks to Lyre’s round
Cogniac finds funding slope
Cogniac, a US-based artificial intelligence company developing technology for visual task automation and backed by Gradient Ventures, the specialist corporate venturing unit for conglomerate Alphabet, has raised $10m in its series B round. Venture capital firm Autotech Ventures led the B round, with participation from VC peers Vanedge Capital, Wing Venture Capital, Yellowstone Ventures, and… Continue reading Cogniac finds funding slope
Warner Music Asia partners SOSV
Warner Music Asia will provide capital for accelerator initiatives run by venture capital firm SOSV.