Mastercard, Intel, American Express and Santander could all exit the point-of-sale technology provider, which plans to float in Sweden.
Author: Robert Lavine
Mesosphere amasses $125m in series D round
The hybrid cloud automation software provider took its total funding to more than $250m with a Koch Disruptive Technologies-led round featuring HPE.
Corporate venturing deal net: 30 April-4 May 2018
Investment firm and company builder Accelerator Life Science Partners has launched Proniras Corporation, a US-based developer of seizure disorder treatments, with an undisclosed amount of funding from investors including Alexandria Venture Investments, Johnson & Johnson Innovation – JJDC and WuXi AppTec Corporate Ventures, respective subsidiaries of real estate investment trust Alexandria Real Estate Equities and… Continue reading Corporate venturing deal net: 30 April-4 May 2018
Unity Biotechnology passes IPO stage with $85m
The WuXi PharmaTech and Mayo Clinic-backed aging disease drug developer floated at the midpoint of its range.
Soft Robotics picks corporates to raise $20m
Yamaha Motor, Honeywell Ventures, Tekfen Ventures, ABB Technology Ventures and Taylor Farms Ventures have all backed the robotics developer.
Eli Lilly eyes Avedro in $25m round
Corneal remodelling system developer Avedro boosted its total funding to more than $220m with a round led by Lilly Asia Ventures.
SoundHound gets $100m treat
Tencent, Daimler, Midea Group, Orange and Hyundai Motor Company all contributed as the voice technology platform raised cash at a $1bn+ valuation.
Inspire Medical inhales $108m in IPO
The sleep apnea developer, backed by Medtronic and Johnson & Johnson, floated at the top of its range before seeing its stock rise 56% on the first day.
Flipkart’s board approves $15bn Walmart takeover
SoftBank is set to completely exit Flipkart as part of a deal that will value the company at $20bn, in which Alphabet is now expected to be involved.
Viking Global throws Birchbox a $15m lifeline
Viking Global will take a majority stake in the cosmetics subscription service, once valued at $485m, wiping out other investors including Comcast Ventures.
Xiaomi gets $10bn IPO rolling
The Qualcomm and NGP-backed electronics producer is reportedly seeking a $100bn valuation for the Hong Kong offering.
Hustle shakes out $30m
GV and existing investor Salesforce Ventures were among the participants in a series B round that lifted the text messaging platform’s total funding to $42m.
Faerber joins the ex-GV mob at Section 32
GV’s chief financial officer since it was formed, Jonathan Faerber has departed to take the same role at the Bill Maris-founded Section 32.
Radius follows Leadspace into new company
Radius, which is backed by Salesforce, Comcast, BBVA and Amex, has merged with fellow B2B marketing software provider Leadspace.