The medical imaging technology developer has secured $30.2m in a series B round featuring SoftBank subsidiary SBCVC and will use the funding for hiring.
Author: Sam McCaffrey
Genesis Innovation Group launches $10m fund
The Cultivate(MD) Capital Fund will start investing in medical device and orthopaedic technology companies in early 2018.
Qool heats up with $8m series A-1
The biotechnology developer was backed by Zhongji Holdings in the round and will use the capital to complete product development on its temperature management device.
Here maps out purchase of ATS
Wistron is set to exit Advanced Telematic Systems as mapping company Here has agreed to acquire it for an undisclosed sum.
Bloomberg exits Immunio
Trend Micro has acquired Immunio for an undisclosed amount, enabling Bloomberg and BDC Capital to exit.
Libra books $7.8m series A
The accounting, audit and tax software developer has secured $7.8m in a series A round featuring XBTO and will use the funds to continue developing its platform.
Fram acquires Vietnam arm of Carmudi
Rocket Internet-backed car classified portal Carmudi has sold its site in Vietnam to Fram Skandinavien for $50,000.
Crescent Enterprises backs two medtech developers
The diversified conglomerate has put $16m into ColubrisMX and XCatch, both of which are developing robotic medical devices based on research at University of Texas.
Tech in Asia attracts Hanwha Investment
Tech in Asia has raised $6.6m in a Hanwha-led round that will fund research and development for its media, recruitment and events products.
Barilla to nourish startups with venture fund
Blu1877 will invest in innovations related to pasta products, and will invite startups to its pilot plant to test out their concepts.
OnePark finds space for Keolis funding
Keolis has made a second investment in parking space provider OnePark, supplying $14.1m that will be used to improve user experience and fund expansion.
Scalyr logs $20m series A
Bloomberg Beta has reinvested in log management software developer Scalyr, having previously backed its 2015 seed round.
Mahindra to drive $50m round for Zoomcar
Car sharing platform Zoomcar is in talks with conglomerate Mahindra and Mahindra as well as two undisclosed investors over a round that will support growth.
Code2040 unlocks $5.6m
The Knight Foundation provided $3m of the funding, as the Intel and Google-backed tech diversity initiative looks to expand into new areas.