Tencent has participated in a nine-digit renminbi round for online musical tuition platform Peilian alongside its existing investors.
Author: Callum Cyrus
NextCapital accounts for corporates in $30m round
US-based financial advice platform provider NextCapital has closed its series C round at $30m with contributions from financial services provider Manulife Financial and insurance group Transamerica. The round was led by venture capital fund Oak HC/FT and included Vermont Seed Capital Fund, the VC fund formed by the US state of Vermont, as well as… Continue reading NextCapital accounts for corporates in $30m round
Genome Medical mixes with corporates
GE Ventures, Kaiser Permanente Ventures and existing backer Illumina Ventures have helped Genome Medical take its total funding to $23m
LifeTech and Ally Bridge form medtech fund
The partners intend to combine medical device maker LifeTech’s expertise in China with ABG’s global healthcare investment profile.
BASF and Henkel hang with NBD Nano
NBD, which has developed chemical additives that enhance the surface coatings on electronic goods, has secured $8m in its series B round.
KBP kicks back with $76m
KBP Biosciences, which is developing drugs for disease areas of unmet need, raised the series A funds from investors including Ping An Ventures.
EarlySalary earns $15.8m in series B round
Mortgage provider Dewan Housing Finance has backed short-term loan provider EarlySalary, four months after investing in its series A round.
Cityblock attracts series A capital
Cityblock, a care coordination platform incubated by Alphabet-owned Sidewalk Labs, has raised $20.8m from investors including Sidewalk.
Intel joins Swarm64 for series B round
Data analytics software producer Swarm64 has raised $12.5m in a round that was co-led by Intel Capital, taking its total funding to more than $21m.
Rubikloud solves $37m series B puzzle
Intel Capital led a round for the retail analytics platform that included OpenText Enterprise Apps Fund and existing investor Access Industries
NGCodec cracks $8m in series A round
Xilinx-backed NGCodec is a video compression software developer looking to facilitate cloud-based streaming on virtual reality headsets.
StartUp Health stacks fund with corporate LPs
US-based venture capital firm StartUp Health closed $19.3m in capital on Wendesday for its second fund, securing commitments from insurance group Ping An, healthcare provider GuideWell and medical device producer Masimo. StartUp Health Transformer Fund II is intended to invest in more than 200 health technology developers within the next two years, furthering StartUp’s pursuit… Continue reading StartUp Health stacks fund with corporate LPs
Oculis absorbs series B funding
Novartis Venture Fund co-led a $20.3m round for Oculis, which is developing a topical liquid that can be applied to diseases at the back of the eye.
Recruit fuels WizRocket as it secures $6m
Recruit Holdings’ RSP India Fund has invested in mobile and web analytics provider WizRocket, which has reportedly raised $6m.