Lenovo Capital has reinvested in the computer vision technology developer through a series B round closed this week.
Month: June 2021
Memed takes care with new funding
DNA Capital has returned to lead a $59.5m round for the Qualcomm Ventures-backed digital prescription startup.
Spin Memory heads to liquidation
Applied Materials and Arm were among the investors in RAM technology developer Spin Memory, which has elected to liquidate its assets to pay creditors.
Daily Deal Round Up: June 24, 2021
BeiGene helped mRNA therapeutics developer Strand Therapeutics raise $52m while the Afterpay-backed AP Ventures led logistics provider Sendle’s $35m series C round.
Visa agrees to integrate Tink
Poste Italiane, SEB, PayPal, ABN Amro, BNP Paribas, Nordnet and Nordea are set to exit the open banking platform developer in a $2.1bn purchase by Visa.
Novo leads Quanta to $245m series D
Novo and Orlando Health helped the haemodialysis technology provider increase its overall funding to $350m since it was spun off by IMI.
Emerging Leaders Q&A – Osh Kaplan, Munich Re Ventures
Oshri Kaplan, director, Munich Re Ventures
Sprinklr settles for $266m in IPO
Intel Capital-backed customer experience software provider Sprinklr floated below its range in its initial public offering.
Boston Scientific bonds with Farapulse for $295m
Long-term investor Boston Scientific is paying $295m upfront for the 73% of the ablation technology developer it does not own.
Confluent concocts $828m initial public offering
LinkedIn’s data streaming spinoff, Confluent, is floating above its range in an offering effectively doubling the valuation of its last funding round to over $9bn.
Soulgate shuts off IPO plans
The Tencent-backed social media app developer was aiming to raise $198m in the offering but has withdrawn in favour of alternative financing options.
ABN Amro assembles $507m impact fund
The bank’s newly formed Sustainable Impact Fund will invest in sustainability and inclusiveness-focused companies and will also seek a financial return.
Blockchain Capital locks in corporates for $300m fund
PayPal and Visa have backed Blockchain Capital’s fifth flagship fund, which received $300m of commitments and which will focus on blockchain technology and cryptocurrencies.
Konfio hauls in $125m through series E
Internet and telecommunications group SoftBank took part in the round, which will fund the business finance provider’s acquisition strategy.