Debiopharm Innovation Fund and Crédit Mutuel Innovation co-led an $11.9m round for the digital pain management technology provider.
Author: Callum Cyrus
DCG loops back for Luno acquisition
Naspers and Rand Merchant Investment both exited digital asset marketplace and wallet Luno, which has been bought by fellow investor Digital Currency Group.
AppyWay to kick off series B round
The parking monitoring platform developer is seeking $21.8m in the round having previously raised money from investors including Aviva, Reply, Hyundai, Microsoft and Sumitomo.
Closed Loop Leadership Fund nets $30m from Nestlé
Nestlé’s sustainable packing fund has backed buyout vehicle Closed Loop Leadership Fund, which has a $300m target for its final close.
Posco forges corporate venturing fund
The steelmaker has formed a $4.3m early-stage investment vehicle that will be managed by its Postech Holdings subsidiary.
A revolution in the making: health and AI
Special report: pandemic has boosted venture dollars across health AI
Jianjia fits in series B funding
The $14.6m round was co-led by distribution partner Fosun Pharma and also featured existing investor Baidu Ventures,
Saga Robotics reaps funding
The farming automation technology producer received $11.2m in a round co-led by Rabobank’s Rabo Food & Agri Innovation Fund.
Telefónica sweeps up iHackLabs
Telefónica-owned ElevenPaths has bought cybersecurity training service iHackLabs, which received funding from Telefónica’s Wayra unit in 2018.
LLYC consults with Rivas for corporate venturing
Francisco Sánchez Rivas has joined the board of the communications and public affairs consultancy with a mandate to drive strategic investments and acquisitions.
Die Mobiliar subscribes to Carvolution
The corporate returned to provide $55.1m for Carvolution having previously invested in the flexible car rental service in November.
Farmy rakes in funding
Pistor-backed organic grocery distributor Farmy has secured $10.9m that will help it expand its distribution, warehouse and marketing capabilities.
Huawei ignites Spark accelerator
Huawei’s cloud computing subsidiary will underpin an Asia Pacific-focused deep tech accelerator with funding and access to resources.
Freebird lands at Capital One
American Express Ventures and Citi Ventures have exited flight insurance software developer Freebird in an acquisition by Capital One.