Acousia has raised $11.8m from backers including Boehringer Ingelheim Venture Fund to advance therapies for inner-ear impairments into the clinic.
Author: Callum Cyrus
VidMob attacks second series A close
The online video collaboration platform has closed its series A round at $13.9m after securing new funds from investors including You & Mr Jones.
Trussle tracks series B funding
BBVA’s Propel Venture Partners fund co-led an $18.5m round for the mortgage comparison platform with Goldman Sachs Principal Strategic Investments.
Resson reaps $14m in series C round
Mahindra & Mahindra, McCain and Monsanto have all signed up for agriculture analytics software provider Resson’s latest round, taking its total funding to $28m.
Xnor.ai extracts $12m in series A
Nokia’s NGP Capital helped supply the funding as the artificial intelligence technology developer prepares to launch its first product.
News round up 14 May 2018
Corporate venturing deal net: 7-11 May 2018 Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds. Fundraising GLP packages $1.6bn logistics fund The logistics provider’s Hidden Hill Modern Logistics Private Equity Fund will make technology-focused investments in the logistics sector. Google… Continue reading News round up 14 May 2018
Athena hunts down series A funds
Athena Financial has closed an $11.3m Rice Warner-backed round as it prepares to launch its online mortgage marketplace in beta.
Lenskart pursues corporate venturing vision
The eyewear retailer Lenskart plans to provide a total of up to $3m for strategically compatible startups, the first of which is ThinOptics.
SafeBreach lets in $15m
Paypal and existing backers Deutsche Telekom and HPE have contributed to a series B round for cyber threat simulation developer SafeBreach.
Stratifi consults investors on $7m series A
Stratifi, which has created risk management software for investing, has secured series A backing from financial markets operator Cboe Global Markets.
Echo responds to mPulse in $11m round
Echo Health Ventures was among the series B investors as medical engagement app developer mPulse Mobile took its total funding to $25m.
Aibee sees funding from K11
Enterprise AI technology developer Aibee has secured $15.7m from K11, which will partner the startup on technology for its shopping centres.
Alibaba beats path to Daraz acquisition
E-commerce marketplace Daraz was launched by Rocket Internet and received funding from the Rocket and Ooreedo-formed Asia Pacific Internet Group.
Petronas Chemicals cracks open corporate venturing
The chemicals arm of oil and gas producer Petronas will use corporate venturing as one route to emerging technologies and markets.