IQM Quantum Computers, a Finland-based quantum computing spinout of Aalto University and VTT Technical Research Centre, attracted a €39m ($46m) series A round from investors, including internet group Tencent.
Month: November 2020
Corporate venturing deal net: 9-13 November 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Hastee hurries to Typs acquisition
Banco Sabadell exited the salary advance service, which was incubated by Sabadell-backed venture builder Nuclio, in a purchase by counterpart Hastee.
DoorDash to cash in on public markets
SoftBank Vision Fund is the largest shareholder of food delivery service DoorDash, valued at $16bn as of June and heading to an initial public offering.
Instacart aims for IPO at $30bn valuation
The Amazon, Comcast and American Express-backed grocery delivery service is reportedly looking at early next year for an offering that would hike its valuation 70%.
Vista Equity visits Pipedrive at $1.5bn valuation
Deutsche Telekom-backed DTCP will retain a stake in the sales software producer once Vista Equity Partners’ majority investment closes.
Pharmapacks boxes up $250m from Carlyle Group
The private equity firm’s investment valued McKesson, Sealed Air and RB-backed e-commerce fulfilment service Pharmapacks at $1.1bn.
Buoy Health marks off series C funding
The healthcare navigation software provider closed a $37.5m round co-led by Cigna Ventures and Humana and backed by Optum Ventures.
Railsbank raises $37m
Mitsui Fudosan has come onboard as the open banking software producer secured funds that will support global growth and product development.
Kira comes out of stealth with $46m
Sinopharm Capital and the WuXi AppTec-backed 6 Dimensions Capital are among the investors in the inflammatory and autoimmune disease drug developer.
Inipharm harvests $35m in series A round
The round included Jubilant Biosys, an existing investor in the liver disease drug startup as well as its contract research organisation partner.
Wellness Forever takes care with fresh funding
Allana Group has returned to back a $17.6m round for the dispensary chain owner, five years after its contribution to a $3.2m round for the company.
Pkware picks up Dataguise
Samsung Next’s data security portfolio company Dataguise has been acquired after raising moe than $20m in funding since 2007.
Snap grabs Voca.ai in $70m acquisition
The voice analytics software provider has reportedly been bought by Snap after raising about $6m from investors including American Express Ventures.