Sam McCaffrey – Page 8

Flipkart to deliver $50m to Swiggy

Flipkart is reportedly about to provide $50m for Naspers-backed food delivery platform Swiggy, while Tencent could make a similar investment.

Autodesk’s Forge Fund led the round as part of a strategic partnership with construction software provider Assemble Systems.

Novo and Sanofi have backed a series A round for Inozyme Pharma, which is developing treatments for rare diseases affecting infants.

Autonomous robot developer Bossa Nova Robotics has secured $17.5m in an Intel-backed round that will support company growth.

Tencent has backed antimicrobial therapy developer Locus Biosciences in a $19m round that will fund the company’s first in-human clinical trial.

Citigroup has led a $20m series A1 round for Behavox, a developer of people analytics software for the financial services industry.

Alibaba led the round as part of a deal that will give it access to NVXL’s computing acceleration platform.

The chatbot developer has secured $8.3m in a series A round that included CreditEase, less than a year after closing $3m in funding.

Wipro Consumer Care and Info Edge have made separate investments totalling approximately $8.4m in consumer product maker Happily Unmarried.

The debt collection platform has completed a series B round featuring insurer Assurant that will fund product development and client acquisition.

Senior-focused hardware and software developer Halove Technology has raised $31.7m in a round featuring We Doctor Group.

Sedgwick Claims Management Services-backed LeanTaas has secured $26m to continue development of its healthcare management platform.

NTT Docomo and Cisco took part in the cybersecurity software developer’s series C round, with the proceeds to go to product development.

Bill Gates has invested $50m in the corporate-backed fund, which is financing treatments and technologies to fight dementia.