VC firm Panache Ventures has increased the target for its debut fund to approximately $38m after welcoming Telus Ventures as a limited partner.
Author: Jack Hammond
Amal Therapeutics amplifies series B round
Boehringer Ingelheim and Helsinn helped oncology vaccine developer Amal reach the second close of a series B round that now totals $32.7m.
XM Cyber secures $22m in series A funding
Nasdaq Ventures, Macquarie Capital and UST Global have helped cybersecurity technology developer XM Cyber close a series A round, bringing its total funding to $32m.
Microsoft adds InXile to games offering
Xbox producer Microsoft has bought the game developer, providing an exit for Gumi Ventures, which invested $4.5m in the company last year.
Sony helps WealthNavi amass more funding
The robo-advisor developer has raised a further $35.5m from the likes of Sony, Mizuho Bank and SBI Group to take its total funding to approximately $96m.
KaDa Story gets A-plus result
37 Interactive Entertainment and existing backer TAL Education both invested in a $14.4m round for the children’s literature platform.
Talkdesk sets aside $10m for Innovation Fund
Call centre software provider Talkdesk has formed a $10m investment fund partially based on one of its investors, Salesforce Ventures.
Corporates exit as HealthLoop joins GetWellNetwork
GetWellNetwork has bolstered its digital experience by acquiring the patient engagement platform, giving exits to iCarbonX, Lafayette General and Summation Health Ventures.
Deepcore helps Engineer.ai build series A round
SoftBank’s artificial intelligence-focused DeepCore fund took part in a $29.5m round for the software development platform, which will now move into Asia.
CoStar coasts to Cozy acquisition
American Family Ventures and GV have exited property rental platform developer Cozy in a $68m acquisition by CoStar that followed about $18m in funding.
Trifo hoovers up $11m
Samsung Ventures contributed to a Tsinghua University-led round for Trifo, with the funding to support the launch of the startup’s smart home robot.
Channel 4 switches on to Crowdcube
Equity crowdfunding platform Crowdcube has raised $10.9m from investors including Channel 4’s Commercial Growth Fund to raise brand awareness.
Pring springs to series A round
Itochu, SBI Investment, Nippon Gas, UFI Futech and SMBC Venture Capital all invested as mobile payment technology developer Pring raised $11.4m.
PPDai helps Liangzibao lick series A-plus round
Peer-to-peer lending platform PPDai was among the investors in a $14.4m round for the online insurance portal, whose earlier investors include Fosun Kinzon Capital.