Alphabet, Novartis and Johnson & Johnson have contributed to a series C round for Cala Health, which is preparing to release its wearable hand-tremor treatment device.
Author: Callum Cyrus
Semidrive cruises to pre-series A round
Lenovo Capital and Incubator Group returned to back Semidrive in a nine-figure renminbi round, after previously investing in the automotive-focused chipmaker last year.
Luxury Closet opens up for $11m
EquiTrust-backed clothing e-commerce company Luxury Closet has collected $11m, taking its overall funding to nearly $30m.
DNA Script reaches series B chapter
Illumina Ventures and M Ventures made follow-on investments in synthetic DNA platform developer DNA Script as part of its $38.5m series B round.
Finarya finalises $21m in funding
Finarya is lining up funding from state-run bank BRI’s corporate venturing unit, which is taking a 19% stake in the Mobile wallet provider.
Wells Fargo helps assemble Connect Homes’ series A round
Prefabricated housing developer Connect Homes now has corporate backing in the form of Wells Fargo Strategic Capital, which invested in its $10.8m series A.
Dailyhunt tracks down $22m
Bytedance-backed news and literary content aggregation service Dailyhunt reportedly increased its overall funding to $140m, after Sofina invested at a $534m valuation.
Sawyer savours $11m in series A-1 round
Advance Venture Partners has returned to led another round for children’s activity marketplace and education software tool publisher Sawyer, increasing its funding to almost $20m.
Wirepas connects to corporates in $16m round
Telecommunications firm KPN’s corporate venturing vehicle joined the state-owned Tesi for a $16.1m round that boosted the IoT technology developer’s total funding to nearly $25m.
Xometry zooms in on $50m
Dell Technologies Capital, BMW i Ventures and GE Ventures returned to back on-demand manufacturing platform Xometry, increasing its overall funding haul to $113m.
WekaIO wraps up series C round
HPE, Mellanox, Nvidia, Seagate and Western Digital Capital contributed to a $31.7m round for the data storage management software developer, which has now raised almost $67m in total.
Nabard sows $99m for investment fund
Nabard’s food, agriculture and rural development-focused investment vehicle, Nabventures, has reached its first close and has a ceiling of nearly $100m.
Corporates give Twisto a twirl
Consumer lending platform Twisto raised $15.6m from investors including ING and Uniqa, bringing its total equity financing to $23.5m.
Corporates light up Orvibo’s series C round
Midea Real Estate and Red Star Macalline helped Orvibo raise $18.8m of series C capital, taking the smart home technology supplier’s total funding to almost $48m.