MediaLab has bought Kik Messenger from Tencent-backed Kik Interactive, saving the app from closure amid the latter’s legal issues surrounding its crypto token.
Author: Callum Cyrus
Invoca takes in $56m
The customer service analytics provider, which counts StepStone and Salesforce as investors, has now raised $116m altogether.
TV Time clocks up MediaMorph acquisition
Liberty Global Ventures and Motorola Mobility Ventures both scored exits from the media content monetisation service in an acquisition by TV Time.
Flashpoint sparks interest to raise $34m
Bloomberg and Cisco-backed risk intelligence software developer Flashpoint has received $6m in equity financing together with $28m of debt.
Aerodyne passes inspection for $30m series B
Drone services provider Aerodyne won the support of Axiata Digital Innovation Fund in a round that will fund hiring and research and development.
Tigermed and Temasek target $62m for health fund
Tigermed has put up $12m for biotech-oriented fund TG Sino-Dragon Fund, which is also backed by Temasek and which has set a $62m target for its final close.
MyGate admits Tencent for $56m round
MyGate has now raised $67.5m altogether, Tencent coming in as a new investor as the household security technology provider prepares to treble headcount.
Flowhub gets $23m top up
Kraft Heinz-backed Evolv Ventures has contributed to Flowhub’s series A round to take the cannabis industry software producer’s total funding to almost $27m.
Thimble covers series A round with $22m influx
IAC and Axa Venture Partners both invested in Verifly, which has rebranded to Thimble as it expands from drones to wider workplace insurance.
Lovevery locks in $20m series B
GV supplied a share of the funding for early learning toy producer Lovevery, which will use the proceeds to expand its product range and functionality.
Sequis Life books $33m appointment with Alodokter
Sequis Life led a series C round for online healthcare and insurance portal Alodokter that included Philips and existing investor SoftBank Ventures Asia.
Exploding Kittens makes noise with $30m
The Chernin Group’s TCG Capital Management affiliate has provided $30m of funding for the tabletop game provider that will fund hiring and game development.
Revel holds tight for series A funding
Toyota AI Ventures contributed to a $27.6m round for electric scooter rental service Revel, which is looking to expand further into the US.
Astellas sticks funding into LabCentral incubator
LabCentral 238 has secured $12.5m from founding sponsor Astellas, which will also provide capital for LabCentral’s existing incubator.