Augmedics, a US-based surgical image guidance technology developer using augmented reality, has raised $36m in its series C financing from a consortium including Hospital Corporation of America’s (HCA) corporate venturing unit. Alongside HCA Healthcare’s Health Insight Capital and VC firm XR Invest (formerly known as AO Invest) in the round were lead investors, private equity firms… Continue reading Augmedics adds HCA backing
Month: March 2021
Zoomin connects with $52m C round
Zoomin Software, a US-headquartered customer information software provider backed by Salesforce Ventures, has raised $52m in its series C round. General Atlantic, a growth equity firm, led the round with participation from returning investors Bessemer Venture Partners, Salesforce Ventures and Viola Growth. The new investment follows the company’s last funding announcement four months ago and takes… Continue reading Zoomin connects with $52m C round
Ecovative builds on $60m
Ecovative, a US-based materials science company developing home-compostable biomaterials based on mycelium and backed by 3M’s corporate venturing unit, has raised $60m in its series D round. Hedge funds Viking Global Investors, which led the round, Senator Investment Group and AiiM Partners and VC firm Trousdale Ventures and other investors provided the money. This funding… Continue reading Ecovative builds on $60m
Capitolis adds four strategics
Capitolis, a US-based developer of a software platform that helps financial institutions optimise their resources, has raised $90m in its series C round including four strategic investors. Financial services firms SVB Capital, Citi, JP Morgan and State Street reinvested in Capitolis. Venture capital firm Andreessen Horowitz led the round, which also included peers Index Ventures,… Continue reading Capitolis adds four strategics
Cameo closes $100m
Cameo, a US-based celebrity video shoutout platform, said it had raised $100m in its series C round at a valuation of more than $1bn. Jonathan Turner’s e.ventures led the round, with Turner joining Cameo’s board. Other investors included search engine provider Alphabet’s GV corporate venturing unit (formerly known as Google Ventures), online retailer Amazon’s Alexa… Continue reading Cameo closes $100m
6sense raises $125m D round
6sense, a US-based marketing platform backed by enterprise software producer Salesforce, has raised $125m in its series D round at a $2.1bn valuation, the company said. Hedge fund D1 Capital Partners led the round with participation from peer Tiger Global, Sapphire Ventures, Germany-listed software provider SAP’s independent corporate venturing unit, and venture capital firm Insight… Continue reading 6sense raises $125m D round
Appier raises $271m in IPO
Appier, a Taiwan-based enterprise software tool developer backed by Japan-listed conglomerate SoftBank, raised ￥29.8bn ($271m) in an initial public offering (IPO) on the Tokyo Stock Exchange. Appier’s shares were priced at ￥1,600 each in the IPO and closed up 19% at ￥1,900 at the end of first day. SoftBank owned 4.4% of Appier, according to… Continue reading Appier raises $271m in IPO
Contec finds space for $11m round
Contec, a Korean Aerospace Research Institute spinoff with headquarters in Luxembourg, has raised $11m in its series B round from a consortium including South Korea-based satellite equipment maker IntellianTech. The B round also included state and venture capital firms Atinum Investment, the Korean Development Bank, Industrial Bank of Korea and Korean Investment Partners. Contec operates… Continue reading Contec finds space for $11m round
Aser to merge Eleven Sports and Team Whistle
Aser Ventures, a UK-based investment platform specialising in sports, media and entertainment and founded by Andrea Radrizzani in 2015, has agreed to merge two of its portfolio companies. UK-based Eleven Sports is expected to acquire for an undisclosed amount US-based sports media platform Team Whistle and cement a collaboration that developed after what was then Whistle Sports… Continue reading Aser to merge Eleven Sports and Team Whistle
Aurora shops for Foodsmart
Foodsmart, a US-based meal planning and online food ordering application, has raised more than $25m in its series C round from a consortium led by Advocate Aurora Enterprises, a new corporate venturing subsidiary of local health system network Advocate Aurora Health. Foodsmart’s C round also included venture capital firms Mayfield Fund, Seventure Partners (Health for Life Capital), New… Continue reading Aurora shops for Foodsmart
Tencent rings healthcare deal
China-listed gaming group Tencent has reportedly led the $31m round in local healthcare company PrimeCare as its portfolio company, Qingsong Huzhu, a crowdfunding platform for ill people to raise money, reportedly shuts down. In mid-2016, China-based social networking crowdfunding service Qingsong received approximately $20m in a series B+ round featuring Tencent, IDG Capital Partners, then… Continue reading Tencent rings healthcare deal
Ping An voyages to Snapsheet
Snapsheet, a US-based virtual claims software vendor, has raised $30m in its series E2 round from a consortium co-led by Ping An Global Voyager Fund, the corporate venturing unit of China-based insurer Ping An, and venture capital firm Pivot Investment Partners. Existing investors including insurers Nationwide and Liberty Mutual and VC firms Intact Ventures, Tola… Continue reading Ping An voyages to Snapsheet
Fishbrain swims to $30m
Fishbrain, a Sweden-based social network for fishermen, has raised SKr263m ($30.3m) to broadly double its investment. B Capital Group, the independent corporate venturing unit for consultants BCG, Japan-listed conglomerate Softbank, software provider Consensus and Adrigo Asset Management provided the money. Prior to this round, Fishbrain had raised about $37m, according to Nordic9.
Truist Ventures supports Greenwood
Greenwood, a US-based digital banking platform for black and Latino individuals and business owners, has raised $40m in its series A round from a handful of local banks and led by Truist Ventures, the corporate venture capital division of New York-listed Truist Financial. The other banks included Bank of America, PNC, JPMorgan Chase, Wells Fargo and Popular,… Continue reading Truist Ventures supports Greenwood