Citi Ventures has exited transaction analysis platform developer Second Measure in a recently closed acquisition by Bloomberg.
Month: December 2020
Magnax manoeuvres to Hirschvogel investment
Hirschvogel Automotive invested in a $19.5m round for the the electric vehicle motor manufacturer in conjunction with a partnership agreement.
Tasuki takes steps to form Incubation Fund
The property IoT service provider’s startup investment scheme will partner entrepreneurs working on digitalisation technology for the housing sector.
SomaLogic swells series A round to $214m
The Novartis, Nan Fung, iCarbonX, Otsuka and Quest Diagnostics-backed proteomics technology developer has closed the second tranche of the round.
Sage finds Brightpearl in series C round
Sage has agreed a partnership with the business management software developer which will involve it leading a $33.5m round.
Ouster coasts to reverse merger
Cox Enterprises contributed to $100m in PIPE financing that will be raised by the lidar technology producer alongside the transaction.
Singleron rings up $30m
Tencent led a series A2 round for the cell analysis technology developer that included Lilly Asia Ventures and Softbank China Venture Capital.
908 Devices inflates IPO to $150m
The chemical analysis device developer has added $20m to an initial public offering following $70m in funding from investors including Saudi Aramco and Schlumberger.
Eureka shouts about second fund close
Compagnia di San Paolo, Saes Group and Umbra Group have stepped up for the tech transfer fund, which has now raised $49m so far.
Smart Radar System picks up funding
Nexty Electronics Corporation contributed to a $10.2m round for the Kakao-backed 4D radar technology developer.
Nio Capital sees Fiture in $20m round
Nio Capital led the Tencent and Bertelsmann Asia Investments-backed home fitness technology developer’s series A-plus round.
Coyote Bioscience snaps up series D funding
The Legend Holdings-backed molecular diagnostics tool provider will use the $91.6m to help bring its products to market.
Tesco checks out Trigo in $60m round
Trigo, developer of a frictionless checkout system, raised series B financing from investors including Tesco to push its overall funding to $94m.
2021 in Corporate Venturing: A Preview
Micromobility, AI-equipped drug discovery, home fitness and cloud kitchens are among the sectors that look promising in 2021.