Medical and safety technology provider Dräger has committed an undisclosed sum to the third fund raised by Germany-based public-private investment partnership High-Tech Gründerfonds (HTGF), which has a target size of €310m ($386m). HTGF III began investing in September 2017 after closing an initial $275m in March, and will provide up to €3m in equity funding… Continue reading Dräger drops into HTGF’s third fund
Author: Callum Cyrus
Heetch fetches $20m
Corporate venturing units InnovAllianz and Via ID both invested in the France-based ride hailing service as it prepares to expand geographically.
Appetize cashes up $20m in series B
The R/GA-backed payment processing and inventory management software has now raised $20m in each of its last two funding rounds.
Ikea helps spoon funding to Matsmart
The surplus food e-commerce platform has secured $12.6m in an Ikea-backed round that likely also featured Axel Johnson.
XtalPi extracts $15m in series B round
The pharmaceutical development technology provider has received funding from investors including Google and series A backer Tencent.
Hsuanzhang handles Xiaomi-led series B2 round
The CreditEase-backed enterprise financial management platform has secured $31.6m in a Xiaomi-led round that included 51Xinyongka.
Microsoft helps Unravel $15m series B
Unravel Data emerged from stealth in 2016 with a big data software optimisation package built on AI, machine learning and predictive analytics.
Chernin puts another $15m on Barstool
Chernin acquired a 51% stake in anti-PC sports media brand Barstool Sports, which is now valued at $100m, in 2016.
Anorak covers seed round with Kamet’s help
Axa’s Kamet Ventures incubator has supplied $5.6m in seed capital for life insurance comparison platform Anorak Technologies.
Hortau makes it rain
The Telesystem-backed irrigation management software provider has secured $5.9m from Sustainable Development Technology Canada.
Ultivue marks series B with $20m
Applied Ventures invested in the Ultivue as part of a series B round that will be used to develop its biomarker detection technology.
Universal Electronics spells out Capital A investment
Capital A Partners has secured electronics technology producer Universal Electronics as a limited partner for a fund intended to close at $60m.
Airobotics lands more series C funding
Israel-based industrial drone producer Airobotics has added $10m to a series C round featuring software provider Microsoft that is now sized at $42.5m, Calcalist has reported. The $10m second tranche was led by equity crowdfunding platform OurCrowd. Microsoft’s corporate venturing subsidiary, Microsoft Ventures, co-led the $32.5m first tranche in September 2017 with OurCrowd, BlueRun Ventures… Continue reading Airobotics lands more series C funding
Corporates help provide $11m for Protenus
Protenus, a US-based provider of healthcare data compliance software, has raised $11m in a series B round co-led by Kaiser Permanente Ventures, the corporate venturing subsidiary of healthcare consortium Kaiser Permanente. F-Prime Capital Partners, a venture capital arm of financial services group Fidelity, co-led the round, which included Cognosante Ventures, a corporate venturing subsidiary of… Continue reading Corporates help provide $11m for Protenus