Comcast Ventures had led enterprise productivity software company Hive’s latest round, with the proceeds going to an expanded marketing effort.
Author: Callum Cyrus
Trukker hauls in $23m
STV has participated in a series A round for Raed Ventures-backed on-demand truck booking service Trukker, which is eyeing recruitment and customer experience improvement.
AI Medical Service scoops series B
AI Medical has revealed corporates including Japan Post, Aflac and Sumitomo Mitsui Banking Corporation among others as backers to its previously announced series B round.
Money Forward yields Smartcamp
KDDI, Mitsubishi UFJ, Itochu and Sumitomo Mitsui Banking Corporation all scored exits after enterprise software developer Smartcamp was bought by Money Forward.
Cracking the quantum puzzle
Academic research towards quantum computing and other quantum technologies is beginning to pay dividends, but continued progress will rely on strong cooperation between academic, industry and government partners.
OLX and Frontier Car Group shake on $400m
Existing investor OLX returned to increase its stake in used car marketplace company Frontier Car Group, investing $400m through a primary and secondary transaction.
Visa pours capital into Interswitch
Visa is thought to have invested $200m in a deal officially valuing Africa-focused payments services company Interswitch at $1bn.
Workato grits teeth for $70m series C
Software integration tool developer Workato has assembled $111m in total from an investor base which includes ServiceNow, Workday and Salesforce.
Arkuda acclaims $44m series A
Pfizer Ventures co-led the round for neurodegenerative disease medicine developer Arkuda Therapeutics, which aims to combat a certain form of dementia.
Alibaba’s EF Fund stirs up biotech interest
Alibaba’s nonprofit Hong Kong Entrepreneurs Fund will move into biotech, augmenting its existing portfolio focus on AI, fintech and smart cities.
Sinclair clasps Octopus in fresh funding round
Sinclair Digital joined an affiliate of MediaMath to back in-car interactive content provider Octopus Interactive, which is aiming to enhance its advertising technology.
HawkEye 360 takes series B to $85m
HawkEye 360 extended its series B round, already backed by Airbus and Esri, to at least $85m with a $15m contribution from family office Advance, which has also bough Allied Minds’ stake.
Ucaidao okays $15m round
Ucaidao has raised $40m in all having won the backing of Tencent, SoftBank, Alphabet, K11 and Agricultural Bank of China for its latest round.
Naxions comes knocking for $15m series B
Iqvia-backed medical marketing communications platform Naxions will pump the fresh capital into R&D, new product launches and customer relations.