Tencent and JD.com have invested in an early-stage round for smart scale manufacturer Picooc.
Author: Mark Chatterley
GSK to profit from Convergence as it eyes IPO
Convergence Pharmaceuticals, spun out of GlaxoSmithKline, which still holds an 18% stake, is considering both London and New York for its initial public offering.
Corporates travel to Bull City for $26m fund
The venture capital firm has closed its oversubscribed third fund with commitments from Cisco, Red Hat and Capitol Broadcasting among others.
Axonics avoids pain for $32m series A
Legend Capital has invested in a $32.6m round raised by Axonics Modulation Technologies, which is developing technology to treat chronic pain.
Intel and Nokia invest in Vizury series C
The digital marketing company has gained investment from Intel and Nokia and plans to now bolster its market position and possibly move into the US.
Freshdesk secures $31m in brand new funding
Google Capital was among the investors in a Tiger Global-led round for Freshdesk, which brought the software-as-a-service provider’s total funding to $44m.
Future Lifestyle secures Unico as an accessory
Indian accessory producer Unico has raised an undisclosed sum from the Future Group unit, which took a 12% stake through the investment.
Payoneer to break ground in China with Ping An
Insurance firm Ping An has invested an undisclosed sum in SIG-backed Payoneer, and will help it expand its international payment service in China.
Investors prove they know About.me
Google and AOL Ventures-backed social networking platform About.me has now raised $16.7m since it split from AOL in 2013.
SAP and Time Warner identify Krux
Digital marketing and data management firm Krux has followed an IDG-backed $11m series B round in 2011 with a $35m round also backed by SAP and Time Warner.
Montage passes interview for $6m series C
The Foley-backed video interviewing company’s series C round has brought its funding to $13m over the past three rounds.
Handelsblatt trades cash for equity in Wikifolio
The social trading platform has followed a 2013 series A round with a $8.2m round backed by Handelsblatt subsidiary VHB Ventures.
Campise takes Softbank option
Marissa Campise has moved from venture capital firm Venrock to Softbank Capital, where she will be tasked with boosting its mobile and connected device investments.
Mayo Clinic invests in Seres’ B round
Seres has now secured $20.5m in funding after Mayo Clinic joined existing investors Enso and Flagship.