Existing investor Hero MotorCorp has agreed to supply $18.9m of convertible debenture financing for electric scooter developer Ather Energy.
Author: Robert Lavine
Cool Planet cooks up more funding
The GV, BP and Shea-backed biocarbon development technology provider has raised $20.3m in equity funding and note conversion.
Eggen and Saijo form Counterpart fund
Counterpart Ventures has been formed by Patrick Eggen and Joe Saijo, who came from Qualcomm Ventures and Recruit Strategic Partners respectively.
Omniome homes in on $60m series B close
Nan Fung Life Sciences and Lam Research Capital both invested as the DNA sequencing system developer concluded its series B round.
Sumitomo adds $20m to Ada’s coffers
Ada, a digital advertising technology spinout from Axiata, has received $20m in a strategic investment by Sumitomo.
Optoro gets $75m return in latest round
The UPS-backed returns optimisation platform developer has now raised $190m altogether, Franklin Templeton having led the new round.
6 Dimensions helps hurl $150m to Curon
Cancer immunotherapy startup Curon Biopharmaceutical has raised $150m in series A funding from backers including the WuXi AppTec-backed 6 Dimensions Capital.
SoftBank helps produce $240m for Brandless
SoftBank Vision Fund led a GV-backed series C round for consumer goods producer Brandless that valued it at more than $500m.
China Diagnostics gets $294m result
Ping An Ventures was among the participants in China Diagnostics Medical Corporation’s latest round, which was co-led by Legend Capital.
Facebook fills out Brazilian accelerator
The social impact accelerator being run by Facebook and Artemisia has named the first 10 startups that will be taking part.
Senior to send funding to startups
The enterprise software producer plans to back 10 startups through its Senior Ventures fund by the end of 2022.
Terminus closes $11m in funding
Hubspot-backed marketing software developer Terminus Software has raised $11m according to a securities filing, and more than $30m in total.
Patientco bills investors for $28m
BlueCross BlueShield Venture Partners returned to invest in the medical billing platform’s series B round, six years after co-leading its series A.
C88 scores $28m in Experian-led round
The financial comparison marketplace operator has raised funding in a series C round that also featured existing backer Telstra Ventures.