Stripe and General Catalyst co-led the series B round, which reportedly increased the finance management software developer’s total funding to $60m.
Author: Jack Hammond
Ascletis helps 3-V ascend to series E
Ascletis has led new strategic partner 3-V Biosciences’ $18m series E round, which included existing investors New Enterprise Associates and Kleiner Perkins.
Corporates chip into AIStorm’s series A round
Egis Technology, TowerJazz, Meyer Corporation and Linear Dimensions have provided $13.2m for AI-in-sensor processor developer AIStorm.
May Mobility makes $22m in series A
LG Technology Ventures, BMW i Ventures and Toyota AI Ventures have contributed to a $22m round that increased the shuttle bus provider’s total funding to $37m.
MML seeks corporate commitments for second fund
The Irish private equity investor is reportedly approaching AIG, Goldpoint and Cigna, all of which backed the firm’s debut vehicle in 2013, for commitments to its Fund II.
DMP maps out Ushr acquisition
Corporate venturing unit GM Ventures is set to exit high-definition mapping software provider Ushr in an acquisition by Dynamic Map Platform.
The Association picks its 2019 winners
Trade body Association of International Certified Professional Accountants has selected fintech startups Gappify, Client Hub and Dryrun as winners in its 2019 accelerator cohort.
Scroll rolls up Nuzzel
Mol, DeNA and Digital Garage are exiting the social news platform through an acquisition by Scroll, which will use it to test consumers’ interest in content.
JustCo works with Trive to launch incubator
Trive Ventures and the co-working office space operator have launched a Singapore-based incubator to provide working support and space for startups.
Konux tracks Alibaba for $33m series B
Alibaba has participated in a $13m extension that adds to the $20m the AI-based rail infrastructure sensor provider collected last April.
Lunar Way points path to funding
The Nykredit-backed personal banking app has raised $14.7m in a Seed Capital-led round that included Greyhound Capital and Socii .
Schenkein starts life at GV
David Schenkein is GV’s latest general partner and will focus on life sciences while retaining a chairman position at oncology therapy developer Agios Pharmaceuticals.
Stratifyd rounds up series B to $29m
The AI-based customer analytics software developer, which counts Tencent as an investor, has increased its series B round to $29m and its overall funding to almost $40m.
Armilar accepts Semapa and KNP for fifth fund
The corporate venturing units of Semapa and KPN have contributed to Armilar’s TechTransfer Fund, which has raised almost $51m on its way to a target of about $68m.