Real estate fund manager Revcap provided $3.1m for accelerator and early-stage investor Pi Labs’ latest fund, sized at $23m as of earlier this month.
Author: Callum Cyrus
Grab syncs in Singaporean accelerator
Grab is piloting an edition of its Vietnam-facing accelerator Grab Ventures Ignite in Singapore with two startups aiming to enter the Vietnamese market.
LDC brings funding to James and James
The Lloyds Banking subsidiary has backed e-commerce fulfilment platform developer James and James, providing $15.5m in funding.
Noodle.ai gets the nod in $21m round
Mitsubishi Corporation and Dell Technologies Capital helped AI software provider Noodle.ai boost its total funding to $72m.
Vida invites UnityPoint into $11m series C
UnityPoint’s corporate VC unit backed the series C round for Vida Diagnostics, a lung disease imaging technology provider.
Harbour BioMed harnesses $75m
The antibody-based drug developer has now raised $210m altogether, with both SK Holdings and Legend Capital backing its series B-plus round.
Greensill saves up to acquire Earnd
The wages advance service has been acquired by working capital financing supplier Greensill after raising $2.5m from investors including NAB in early 2019.
IdeaSpace initiates Opportunity Fund
First Pacific-backed accelerator IdeaSpace’s Opportunity Fund will back pre-series A rounds for its portfolio companies.
Telefónica takes capital to Redpoint eVentures
Brazil-based venture capital partnership Redpoint eVentures has secured an undisclosed amount of capital from Telefónica Innovation Ventures.
Hilti picks up Concrete Sensors
Cemex Ventures has exited concrete analysis technology developer Concrete Sensors having participated in a $2.9m round less than two years ago.
Cisco sweeps up Modcam
Robert Bosch Venture Capital has exited Modcam after investing $600,000 in the computer vision sensor developer in 2015.
Electric recharges series B round
VC fund 01 Advisors chipped in $14.5m to extend the corporate-backed IT management software provider’s latest round to $39.5m.
Fenbeitong travels to Eight Roads for $36m
Expense management software provider Fenbeitong has closed a series B-plus round co-led by Fidelity’s Eight Roads firm, pushing its total funding to more than $58m.
Axa accelerates Cognism’s series B to $22m
Axa Venture Partners led the $12m second close of a $22m round for AI-equipped sales intelligence platform developer Cognism.