Five startups have presented their technologies on the demo day of Keikyu Accelerator Program’s sophomore batch, with Ecbo Cloak and NearMe receiving awards.
Author: Edison Fu
Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Luma Health blooms with $16m
Texas Medical Center and Cisco Investments are among the investors that helped the healthcare servies platform take its overall funding to almost $26m.
Straus makes strides to Dundee
Former GE Ventures entrepreneur in residence Jessica Straus has been appointed venture partner at Dundee Venture Capital to help the venture capital fund expand to coastal regions of the US.
Welmo welcomes corporates to $11m round
Line, Mixi, Aioi Nissay Dowa Insurance, Akatsuki, Konica Minolta and Global Kids helped provide the Japan-based nursing care technology developer with $11m in new funding.
Mitsubishi takes care of SastaSundar
The Rohto Pharmaceutical-backed health product and services marketplace is set to receive $13.9m from Mitsubishi, according to a stock market filing.
Hedvig digs D-Ax in series A round
Axel Johnson’s corporate venture capital arm has contributed to a $10.4m series A round for the Sweden-based digital insurer that was led by Obvious Ventures.
Olton rolls from Symantec to Tenable
Matthew Olton, formerly senior vice-president of corporate development at Symantec, has joined Tenable to oversee its global strategy surrounding cybersecurity.
Wapi Pay whips up African startup fund
Wapi Pay subsidiary Wapi Capital has allied itself with smartphone maker Transsion’s Future Hub unit for a vehicle that will invest about $100,000 per deal.
Xiaomi pulls Furrytail toward funding
Xiaomi Ventures led two rounds that totalled $11.2m for cat food and accessories provider, investing together with Morningside Venture Capital and Volcanics Venture.
SoftBank Vision Fund makes a play for Pipilis
John Pipilis has left Deutsche Bank after nearly 20 years and could lead financing efforts on behalf of SoftBank Vision Fund.
Ashurst prevails on Praill to lead development unit
Former Navitas Ventures head Tim Praill has agreed to lead the global team of law firm Ashurst’s recently formed open innovation unit.
Salesforce’s Japan Trailblazer Fund gains traction
Shinji Asada on Salesforce’s engagement with the Japanese SaaS ecosystem.
MS&AD Ventures magnifies fund to $128m
Insurance group MS&AD Holdings has boosted the size of its corporate venturing unit eight months after its launch, having reportedly made in excess of 20 investments.
Chaluangco changes from C31 to MDI
Shannon Lee Chaluangco has left her position as investment manager for C31 Ventures to join MDI Ventures as an investment director.