RT Invest and RZD Technologies have put up 20% of the capital for a fund that will support wireless network devices and IoT technologies in transport and logistics.
Author: Jack Hammond
Fosun sets up latest accelerator program
Fosun will target healthtech, insurtech and fintech startups with the accelerator, which has been launched in partnership with Luz Saude, Fidelidada and Hauck & Aufhauser.
Anderson Strathern draws up CVC unit
Law firm Anderson Strathern has launched AS Capital to invest in early-stage startups alongside Equity Group, having invested an undisclosed amount in Synaptec.
Exigent legislates fund
The legal outsourcing provider has launched Bright Mind Capital Partners to make early-stage investments in artificial intelligence, blockchain and big data startups.
Waresix locks in series A funding
Sinar Mas Digital Ventures has taken part in the $14.5m round, which will enable the logistics provider to expand its warehousing capacity and grow its fleet of vehicles.
Broadpeak beams in Eutelsat investment
Eutelsat and the video delivery components developer will partner to expand their portfolio of services for telecom operators, media groups and content providers following the $11.2m investment.
EC charges up series C-plus
ales and marketing software provider EC received $11.6m in the series C-plus round, which included Tencent, SAIF Partners and Wuyuan Capital.
Belong.Life takes home $14m series B
Belong.Life, the operator of a cancer-focused online support network, will use the Iqvia-led round to expand its Belong Patient Engagement Platform.
Kyash adds $14m to coffers
The remittance and payments technology provider sourced commitments from SMBC Venture Capital, Mitsubishi UFJ Capital, Shinsei Corporate Investment and Toppan Printing in the series B round.
Facebook launches incubator program
Facebook aims to collaborate with venture capital firms to grow SMEs in India, having already partnered with Sauce.vc.
Gradient returns to BenchSci
The machine learning-powered biological research startup has increased its overall funding to $20.8m following an investment from Google’s Gradient Ventures unit.
Citryll completes first series A close
Autoimmune disease drug maker Citryll has hit the first close of a targeted $19m series A, having sourced commitments from BrightGene and ModiQuest.
LiveRamp scores Data Plus Math acquisition
Comcast Ventures has exited television advertising analytics platform Data Plus Math in a reported $150m purchase by LiveRamp.
Synyi signs up Tencent for series C round
The China Electronics and Shulan Health-backed medical data processing software provider collected $36.3m in a Tencent-led round that included Sinopharm.