ZhongAn invested $145m into its fintech-focused unit as part of a $285m funding round that also featured Sinolink Worldwide.
Author: Jack Hammond
Sierra calls in corporates for $215m fund
Venture capital firm Sierra Ventures has received LP commitments from several undisclosed corporates to reach a $215m close.
VMware agrees Bitfusion acquisition
VMware is set to buy the artificial intelligence-focused infrastructure software provider in a deal of undisclosed size that will see Samsung exit.
Arabesque S-Ray reels in $20m series A
Allianz, Commerzbank, Deutsche Bank and the state of Hessen have partnered the ESG motioning service through a $20m series A round.
New Radiomedicine brings in BTF for series B
BTG’s International Asia unit contributed $11m to $16.8m series B round, taking a 10% stake in the medical isotopes developer.
Nuvolo works up $12m series B
Kaiser Permanente led the asset management platform developer’s series B round, investing alongside existing investors GE Ventures and ServiceNow Ventures.
Thomson Reuters ignites investment program
TR Ignite will target Asia Pacific-based legal and regulatory technology startups, investing up to $250,000 in each successful applicant.
Aspen Technology snaps up Mnubo
Aspen has agreed to buy the Munich RE-backed IoT data analytics provider in a deal worth $78.2m, weeks after acquiring Sabisu’s digital workspace platform.
InCountry takes home $15m series A
Data compliance software developer InCountry has raised $15m in its series A round, three months after closing a $7m seed round that featured Bloomberg Beta.
8×8 locks in Wavecell acquisition
8×8 has acquired cloud-based communications technology provider Wavecell in a $125m cash and stock deal, allowing Telkom Indonesia’s MDI Ventures to exit.
Icertis inks $115m series E
Eight Roads Ventures and Boston Consulting Group’s B Capital took part in the series E round, which increased the cloud-based contract management platform’s valuation to more than $1bn.
Dust Identity forges $10m series A
Diamond-based identity tag developer Dust has received commitments from Airbus Ventures and Lockheed Martin Ventures in the Kleiner Perkins-led round.
Visa pins in Payworks purchase
Visa has acquired the cloud-based payment processing software provider Payworks, one of its portfolio companies, also handing an exit to Commerzbank.
Kopari Beauty makes up $20m funding round
The 100% organic coconut oil-based beauty and lifestyle brand received $20m in the L Catterton-led round, which featured Unilever Ventures and University Growth Fund.