Robert Lavine – Page 33

Philips to help fill American Well with cash

Telehealth platform American Well has raised $291m of a planned $315m round, the investors including strategic partner Philips.

Retail data analytics provider Trax increased its overall funding to $235m in a DC Thompson-backed round that valued it at almost $1bn.

Trucking services platform Manbang Group put up the series A cash as part of a strategic partnership with the automotive services provider.

The risk management technology provider has closed a Singtel Innov8-backed round that increased its total funding to $155m.

Health insurance platform Bind has raised funding from a consortium featuring strategic partner UnitedHealthcare and Ascension Ventures.

Tepco Ventures will take the place of the power producer’s New Business Task Force and will focus on incubating new companies.

The home products producer will use the proceeds from the Grace Beauty Capital-backed series C round to expand its range and open more stores.

The software automation platform has now raised $127m in funding in total, raising cash in a Cisco Investments-led round that included VMware.

The GV-backed cancer drug developer floated at the top of its range in an offering that could reach $129m.

Tasly Pharmaceuticals contributed to a series C round for the immunotherapy developer, a year after backing its $150m series B.

Corporate venturing unit Telstra Ventures has transferred its assets into a partnership with HarbourVest reportedly sized at $500m.

The Tencent-backed group buying platform has filed to list in the US having raised almost $2.4bn in funding over the past year.

The enterprise AI software startup increased its overall funding to $51m in a Dell Technologies Capital-led series B round.

The SoftBank-backed genetic liquid biopsy technology developer has raised a nine-figure renminbi amount in a Shenzhen Capital-led round.