Samsung Next and Standard Industries unit 40North took part in a round that increased the transcription services provider’s valuation to $2bn.
Month: November 2021
Kore.ai chats up Nvidia for series C extension
The corporate has backed the AI-equipped chatbot developer through a strategic alliance, boosting its latest round to $73.5m.
Luma Health hauls in $130m
The Texas Medical Center and Cisco-backed healthcare administration platform developer raised series C financing that took its overall funding to $160m.
Vercel verifies $150m series D
GV, Latacora and Salesforce Ventures have returned to back the app development software provider’s latest round, which closed at a $2.5bn valuation.
Zeals seals public listing
The CyberAgent, Dentsu, FreakOut, Hakuhodo DY, Will Group and Z Holdings-backed adbot developer is set to list on TSE’s Mothers Market on December 23.
Cornerstone Robotics operates series B round
The surgical robotics developer received $78.3m in funding from investors including New World Development, Lilly Asia Ventures and Meituan’s DragonBall Capital fund.
GM motors to $150m Pure Watercraft investment
General Motors purchased a 25% stake in the electric boat engine maker as part of a $35bn electrification technology drive.
Inforich charges up with fresh funding
SBS Holdings and P&E Directions were among the investors that provided $51.7m for the Dentsu, Japan Post, Horipro and MCJ-backed mobile charging station operator.
Indonesia launches corporate-backed venture fund
Telkom Group, Bank Mandiri and Bank BRI have backed Merah Putih Fund’s first close, reportedly sized at a hundreds of millions of dollars.
Ieso institutes $53m series B round
Sony Innovation Fund took part in a series B round for the digital medicine technology developer as it seeks to expand in the UK and US.
Kompas points towards $160m investment vehicle
VKR Holdings is a cornerstone investor of the venture partnership’s Fund 1, which will back early-stage companies developing technologies designed to alleviate climate change.
Neurophth sees its way to over $60m
Sunshine Insurance took part in the eye-focused gene therapy developer’s series C round, which pushed its overall funding past $140m.
Life360 turns to $210m Tile acquisition
Tencent is set to exit the location-tracking technology developer in an acquisition by Life360 that follows over $100m in venture funding.
Daily Deal Round Up: November 23, 2021
Coinbase Ventures contributed to a $55m round for music-focused NFT platform developer Royal while neural search technology developer Jina AI raised $30m in an SAP-backed round.