Robert Lavine – Page 26

Bardy Diagnostics beats its way to more cash

The cardiac monitor developer has increased an Ascension Ventures-backed round to $35.4m, which will fund hiring and R&D.

Dongkoo Bio&Pharma and D&D Pharmatech both contributed to a series A round for the neurologic disorder drug developer.

Existing investor Tencent was reportedly among the participants in a series E round that valued the online answer platform at $2.5bn.

Alibaba co-led a series A round for Suning’s sporting spinoff which included SenseTime and Evergrande Group.

Already backed by Qualcomm, Alibaba and Suning, facial recognition software developer SenseTime could receive up to $1bn from SoftBank Vision Fund.

Tencent led a nine-figure renminbi round for Haoyiku, which enables brands to sell on excess inventory through the corporate’s WeChat app.

Elecnor Deimos Space made a strategic investment in the satellite launcher developer as part of a $39.6m funding round.

Deep learning technology startup DeePhi had raised funding from investors including Samsung, Ant Financial, MediaTek and its new owner, Xilinx.

Advanced camera developer Light secured the cash in a SoftBank Vision Fund-led round that also featured Leica.

AmRest invested $29m and existing backer Rakuten returned as the delivery services provider raised cash at a valuation of about $350m.

The oil, gas and chemicals provider has formed a vehicle that will invest in new energy and materials, intelligent manufacturing and AI.

Verge Genomics, which is developing treatments for ALS and Parkinson’s, has raised series A funding from backers including WuXi AppTec.

Fastly increased its funding to $220m altogether, in a Deutsche Telekom Capital Partners-led round backed by Swisscom Ventures.

Gaosi Education and Elex both invested in a $29.9m round for examination assessment system developer 7Net.