Haptic glove developer HaptX hiked a NetEase and Verizon-backed series A round to $28m while several corporates contributed to home care network Welmo’s $18.1m series C round.
Month: November 2021
Abogen accesses $300m
The vaccine developer’s series C-plus round was co-led by SoftBank Vision Fund and came just three months after it closed a $700m series C.
Thought Machine generates $200m in funding
ING Ventures, JPMorgan Chase, SEB, Lloyds Banking Group and SC Ventures all contributed to a series C round pushing the banking software developer’s valuation past $1bn.
Legend Capital lets in $177m for healthcare fund
The Legend Holdings-formed venture capital firm is reportedly seeking $300m for the final close of its latest dollar-denominated healthcare vehicle.
Chegg to buy Busuu for $436m
McGraw Hill is set to exit the language learning platform developer in an all-cash acquisition by Chegg that will help it expand in the United States.
Resilience locks up $80 series C
Intact Ventures, helped the UL-backed cybersecurity and insurance provider raise series C capital as it eyes international expansion.
Ablaze Pharmaceuticals catches alight with $75m
Radiotherapy developer RayzeBio has spun off a China-focused subsidiary called Ablaze with series A funding from investors also including Nan Fung.
Upbound jumps to $60m series B
Intel Capital, Telstra Ventures and existing investor GV all backed the multi-cloud management software provider in a round led by Altimeter Capital.
Speedinvest enlists corporates for sustainability fund
Knapp, Greiner and Heinzel Group are among the limited partners in Speedinvest’s $90.8m Climate & Industry Opportunity fund.
ByteDance helps deliver $40m to iMile
The last-mile delivery service was valued at $350m in a round led with a $10m investment by the China-based corporate.
Moore Threads weaves in $313m
Bank of China co-led a series A round for the GPU technology startup nine months after it emerged from stealth with backing from ByteDance, Pony.ai and H&T Intelligent Control.
Slice carves out $220m in series B
Gunosy returned for a series B round co-led by Tiger Global Management and Insight Partners, valuing the online financial services provider in excess of $1bn.
Lunit lassoes corporates to raise $61m
The medical technology developer increased its total funding to over $135m in a round backed by Naver, NSG Ventures, Kakao Ventures and SoftBank Ventures Asia.
BMW gets on Motorway in $190m round
The used vehicle marketplace was valued at over $1bn in a series C round featuring BMW i Ventures to hike its overall funding to over $276m.