Innogy’s corporate venturing unit has offloaded its stake in heat exchanger producer Airec to Alfa Laval and Sveper Heat Transfer.
Author: Jack Hammond
Tibber tips to series A with $12m
The AI-powered energy management app provider has secured $12m in series A funding from investors including BKK.
OSF Ventures coasts to LRVHealth fund
OSF Ventures, OSF Healthcare’s corporate venturing unit, has backed healthcare-focused VC firm LRVHealth’s fourth fund, which had set a $100m target for close.
Stryker gathers OrthoSpace in $220m deal
Smith & Nephew and Johnson & Johnson have exited the shoulder implant developer in an all-cash acquisition by Stryker that could reach $220m.
True Incube and Line Games back gaming fund
Subsidiaries of True Corporation and Line are among the founders that have provided $22.7m in capital for a private equity fund that will invest in gaming technology startups.
UKCloud gets $33m funding upgrade
The public sector cloud services provider has landed $33m in funding from Digital Alpha Advisors, an investment partner of Cisco.
Instarem increases series C round to $41m
The financial remittance service has added $21m to more than double a series C round that included Telkom Indonesia, Kasikorn Bank, Rocket Internet and SBI.
Axeleo flexes muscle with $51m corporate-backed fund
The enterprise technology accelerator operator has amassed $51m for its debut fund, from limited partners including Vinci Energies, Crédit Agricole and BNP Paribas.
GV supports Determined AI in $11m round
The deep learning technology startup will put the proceeds from the GV-led round into recruitment and the expansion of its core product.
Alcon sees way to $285m PowerVision acquisition
Alcon acquired the intraocular lens developer in a $285m deal that follows $106m in funding from investors including its parent company Novartis as well as Johnson & Johnson and Medtronic.
Imara imports $63m in series B funding
The sickle cell disease therapy developer boosted its overall funding to $94m in a round backed by Lundbeck, Pfizer and Alexandria Real Estate Equities.
Go1 recruits Microsoft for series B round
Microsoft subsidiary M12 and existing backer Seek both chipped in to a $21.3m round for the corporate training services provider.
Baidu authorises more funding for Automation Hero
Baidu Ventures was among the investors in a $14.5m round led by Atomico, after contributing to the business automation software provider’s series A round last year.
CesiumAstro seizes series A cash
The satellite antenna technology developer secured $12.5m in an Airbus Ventures-led round, with subsidiaries of Honeywell and Analog Devices also investing.