Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Month: December 2020
Squire squares $59m series C round
SoftBank Opportunity Fund has backed a debt and equity round that reportedly valued the hair appointment management platform at $250m.
Tempus amps up funding with $200m
Google and existing investor Novo contributed to a series G2 round valuing the precision medicine developer at $8.1bn post-money.
Conductor dials up latest round to $170m
The Visa-backed banking technology provider has added $20m from Temasek to the $150m it raised in a Viking Global-led tranche last month.
Cityblock sees its way to $160m
Sidewalk Labs’ health provision spinoff took its valuation above $1bn and its overall funding to about $300m in a General Catalyst-led series C round.
LeanTaas cleans up with $130m round
The series D round helped Sedgwick and NewYork-Presbyterian-backed care optimisation platform developer LeanTaas push its overall funding past the $250m mark.
Huice houses $100m in series C funding
SoftBank Ventures Asia formed part of a round that will help the retail digitalisation software provider expand overseas and grow its team.
Infra.Market procures $20m in series B round
Sistema Asia Fund put up a share of the cash, helping to push construction industry supplies marketplace Infra.Market’s overall funding to about $35m.
Reneo runs through $95m series B
The mitochondrial disease therapy developer’s latest round was co-led by Novo Ventures and backed by returning investor Lundbeckfonden Ventures.
Olympus snaps up Veran Medical for $340m
Rex Healthcare’s venture capital unit will exit the cancer diagnostics system developer, which has agreed to an acquisition by Olympus.
Beyond Identity locks up $75m
Koch Industries took part in a series B round for the identity management platform developer that increased its total funding to $105m since its launch earlier this year.
Corporates help pour funding into Papercup
Sky, GMG Ventures and BDMI participated in a $10.6m round for Papercup as it continues to enhance its content translation technology.
Lukka loops in $15m
S&P Global helped the crypto data software provider hike its overall funding to nearly $40m in a series C round led by State Street Corporation.
Orbex takes off with $24m
Deimos Space owner Elecnor reinvested in Orbex having participated in a $39.6m round for the orbital launch vehicle developer two years ago.