The book publisher and nursing care service group’s Gakken Innovation-Tech Fund plans to invest about $29m over the next five years, targeting edtech and healthtech.
Month: January 2021
Heska locates Lacuna for acquisition deal
Heska has agreed to buy the R/GA-backed veterinary telemedicine platform developer in a deal set to close later this quarter.
Amalgam Rx diagnoses Avhana acquisition
GlaxoSmithKline has exited the CDS platform operator, which has been purchased by patient care software provider Amalgam Rx for an undisclosed sum.
The revolution of last-mile logistics
If ever a crisis was perfectly designed to encourage a shift in consumer spending patterns then it was covid-19.
WeRide drives series B up to $310m
The driverless vehicle technology developer has added $110m to the $200m supplied by busmaker Yutong Group last month.
Blend tends to $300m series G
The Salesforce-backed lending software provider roughly doubled its valuation to $3.3bn in just five months, Coatue and Tiger Global Management co-leading its latest round.
Rapyd wraps up $300m series D
The Stripe-backed cross-border payment platform developer more than doubled its valuation to $2.5bn in the Coatue-led round.
Poshmark pockets $277m in initial public offering
The JF Shea-backed social commerce marketplace priced its shares above the range in an offering valuing it at about $3bn.
Visa releases Plaid from acquisition agreement
The $5.3bn purchase agreed a year ago would have enabled Alphabet, Mastercard, Citi and American Express to exit the banking software producer.
Webflow catches $140m in series B round
CapitalG invested in the no-code app software provider at a $2.1bn valuation more than five times higher than it was 18 months ago.
M-Service embraces nine-figure series D round
The Standard Chartered-backed owner of digital wallet Momo will use the funding to launch its own strategic investment subsidiary.
Gro grabs Intel for $85m series B
Intel Capital chipped in as part of a series B round set to drive product development and growth for food supply insights provider Gro Intelligence.
Echo Health and USAble forge strategic alliance
Echo Health Ventures has joined Arkansas Blue Cross Blue Shield’s investment arm in a strategic initiative aimed at scaling up healthcare businesses.
Kira keeps series B-plus funding
The Sinopharm and WuXi AppTec-backed, complement system-focused drug developer has hauled in $53.3m of new funding after emerging from stealth late last year.