Sinar Mas Land plans to form a property technology-focused incubator with accelerators Digitaraya and GK Plug and Play that will kick off early next year.
Author: Callum Cyrus
Neighborhood Goods bags up $11m
CAA Ventures-backed department store Neighborhood Goods has added $11m of series A capital to bring its total funding to $25.5m.
GlaxoSmithKline settles Sitari purchase
GSK’s co-investment partnership with Avalon Ventures has borne fruit with the acquisition of celiac treatment developer Sitari Pharmaceuticals.
TrialCard picks Mango Health for acquisition
Express Scripts is set to exit Mango Health having made a strategic investment in the health management app developer two years ago.
Replica rises with $11m
Replica, an urban planning technology startup spun off from Alphabet’s Sidewalk Labs subsidiary, has raised $11m in series A funding.
Corporates jolt Volta Charging’s series C to $100m
SK E&S, Invenergy and Schneider Electric helpeed add $20m to the latest round for EV charging network Volta Charging, which includes a $44m debt facility.
GV helps Snyk snatch $70m
Open source software debugging platform Snyk boosted its overall funding to $102m in a round co-led by existing investor GV.
Glance glides out of InMobi with $45m
InMobi-owned mobile lockscreen content publisher Glance has secured external funding from Mithril Capital Management, which has also taken a board seat.
Insilico seals $37m series B
Lilly Asia Ventures and Baidu Ventures chipped in as part of the latest round for WuXi AppTec-backed drug discovery platform developer Insilico Medicine.
Syte finds room for series B funding
E-commerce search technology developer Syte secured $21.5m from its existing investors, which included Line, Naver and the corporate-backed KDC Ventures.
Zhuan Zhuan tees up $300m series B
Consumer goods portal Zhuan Zhuan will bolster its coffers with funding from controlling shareholder 58.com and existing investor Tencent.
Huimin hoists up $225m
Huimin, an online goods and services portal targeting community-sized retailers, has now raised some $520m altogether having been backed by Fosun Capital in its latest round.
Numerated accumulates $15m in series B round
Spun off by Eastern Bank and also backed by FIS and First Federal Lakewood, lending management software provider Numerated has now raised $32m altogether.
CasperLabs clasps series A funding
Digital assets and fintech company Hashkey was among the investors in a $14.5m round for Adaptive Holdings’ open-source blockchain protocol spinoff, CasperLabs.