Alphabet subsidiary Verily is set to exit Ciitizen, a management software platform for healthcare data, after Invitae agreed to buy the company.
Month: September 2021
Tritium takes in Cigna investment
Cigna has returned to invest $29.5m in electric vehicle charging technology developer Tritium ahead of its $1.2bn reverse merger later this year.
Stryker gets Gauss Surgical in acquisition
Stryker has bought the surgery monitoring software provider, which was backed by SoftBank and multiple healthcare providers.
aPriori designs $30m series D round
The Autodesk-backed cost management platform developer increased its valuation to $280m in its most recent round.
UnitQ unites investors for $30m round
Gradient Ventures has returned to back the software debugging technology provider’s series B round, which took its overall funding to $41m.
FerroTec conducts $511m series B round
The semiconductor wafer maker intends to ramp up its production capacity with funding from investors including Yangtze Optical FC.
Babbel prepares for $214m public listing
Relx-backed language learning app developer Babbel could be valued at up to $2.4bn through an initial public offering on the Frankfurt Stock Exchange.
Daily Deal Round Up: September 8, 2021
Home rental finance service Jetty bagged $23m from investors including Citi, Farmers Insurance and CreditEase, while ByteDance co-led IoT technology developer RiVai’s latest round.
Spiber threads in $312m
The corporate-backed synthetic silk producer increased its valuation to over $1.2bn in a round led by Carlyle Japan Partners.
PayPal picks up Paidy in $2.7bn deal
PayPal was one of several corporates to invest in Paidy before agreeing this week to purchase the consumer finance service provider.
Stripe catches Wave in $200m series A
Stripe helped cross-border payment processor Wave secure unicorn status in a series A round led by Sequoia Heritage at a $1.7bn valuation.
Byju’s slides in $150m
Tencent, BCC and Naspers-backed study materials provider Byju’s reportedly hiked its valuation to $16.9bn in the round, which was led by Asmaan Ventures.
Investors help Marshmallow confect $85m round
Scor joined returning investors Investec and Passion Capital to back the expat-focused auto insurance platform’s series B round, valuing it at $1.25bn.
Emulate models $82m series E
LabCorp and Cedars-Sinai-backed Emulate will use the cash to further develop its organ-on-a-chip technology and has now raised nearly $225m in total.