The broadband supplier plans to upgrade its network having sourced commitments from Wabash Valley Power and seven telecommunication firms.
Author: Jack Hammond
Trevi Therapeutics tries for public markets
Lundbeckfonden Ventures-backed Trevi has filed for an $86.2m IPO to fund clinical trials for pruritus-focused drug treatments.
Progressive helps provide $50m for Upstart
The Alphabet and Rakuten-backed lending platform increased its total funding to more than $160m in a round featuring Progressive Investment Company.
RMG enlarges FutuRx fund to $64m
RMGP Biopharma Investment Fund has added $34m to reach a final close for a vehicle that will back startups developed by the Johnson & Johnson and Takeda-backed FutuRx incubator.
Tibit connects with Intel for $20m round
Intel Capital led a series B round that took Tibit’s total funding to almost $34m and which will fund the commercial deployment of its pluggable ethernet device.
Pixeom picks up $15m
Proceeds from the series round, which was co-led by Intel Capital and National Grid Partners, will fund the development of Pixeom’s edge computing software platform.
Fliit fits in series A funding
AP Moller – Maersk took part in an $11.2m round that will accelerate the international expansion of the food logistics marketplace.
Green Tank inhales series A funding
The cannabis-focused vaping product maker has increased its overall funding to approximately $14.7m with a $10.4m round backed by Newstrike Brands.
Singtel helps pour $70m into Bitglass
The cloud security technology provider increased its overall funding to $150m in a Quadrille Capital-led round that included existing investor Singtel Innov8.
HistoSonics sounds out corporates to raise $54m
Varian Medical Systems led the robotic-assisted ultrasound device developer’s series C round, which also included Johnson & Johnson Innovation – JJDC.
Digital Garage goes to GrubMarket in $25m round
Fosun, Arancia and the Kraft Heinz-backed Evolv Ventures all took part in the agricultural produce supplier’s latest round, which was co-led by Digital Garage.
Kakao stakes Standigm in series B round
Existing backer Kakao Ventures reinvested in the AI-based drug discovery technology developer as part of an $11.5m round led by Mirae Asset Capital.
Nykaa sits pretty with $14m
The Max Group and TVS-backed beauty product retail platform has reportedly increased its valuation to $724m in an investment by TPG Growth.
Reliance Jio picks up Haptik
The Reliance Industries subsidiary has paid about $34m to buy out the conversational AI company’s investors, including BCC, and will invest the rest in the business.