Transgene, a publicly traded biopharmaceutical firm, has secured €14.4m ($17m) in an investment round led by its parent company biotechnology producer Institut Mérieux with participation from aircraft manufacturer Dassault Belgique Aviation (DBA). Institut Mérieux purchased 28% of the new shares released, increasing its position in Transgene to 57%. DBA took 3% of the new shares… Continue reading Transgene releases shares to raises $17m
Author: Sam McCaffrey
SoftBank signs up for Malong’s series B vision
Telecommunications group SoftBank’s Chinese investment unit, SBCVC, has led a RMB220m ($33.2m) series B round for China-based machine vision technology developer Malong Technologies, China Money Network has reported. Founded in 2014, Malong has developed an artificial intelligence (AI) machine vision platform that provides product and image recognition as well as image content searching services for businesses… Continue reading SoftBank signs up for Malong’s series B vision
Corporates help put money into Collective
Providence Health & Services and Kaiser Permanente have formed part of care management platform Collective Medical’s $47.5m series A round.
Accenture accelerates 10 more through fintech lab
Ten startups have completed FinTech Innovation Lab Asia-Pacific 2017, the Hong Kong-based accelerator formed by Ireland-headquartered professional services company Accenture, and demonstrated their technology at an investor day. Launched in 2014, FinTech Innovation Lab Asia-Pacific is a 12-week scheme that gives financial technology growth-stage startups access to mentoring, working space, and weekly workshops and panel… Continue reading Accenture accelerates 10 more through fintech lab
XYZprinting produces funding for Nexa3D
The 3D printer maker has secured an undisclosed amount in a round led by new strategic partner XYZprinting that boosted its total funding to $10m.
Goldman Sachs gets to Crux
Financial data processor Crux Informatics has secured $10m in a series A round led by a subsidiary of Goldman Sachs.
Scoop hauls in $31m
The BMW and Workday-backed carpooling platform has revealed two funding rounds that raised a total of $31m between them.
EclecticIQ detects KPN for series B round
EclecticIQ, a Netherlands-based cybersecurity intelligence platform, has closed a €14m ($16.4m) series B round featuring telecommunications company KPN’s corporate venturing unit, KPN Ventures. Venture capital firm Keen Venture Partners led the round with participation from VC firm Inkef Capital. It came after KPN Ventures and Inkef provided $6.4m for EclecticIQ’s series A round in May… Continue reading EclecticIQ detects KPN for series B round
Fortuna Fix puts together $25m series B
Amgen Ventures contributed to a series B round for Fortuna Fix, which will use the funding for clinical trials and to expand manufacturing.
Apple faces up to InVisage Technologies acquisition
Imaging technology provider InVisage has been bought by Apple for an undisclosed sum allowing Nokia, Intel and China Oceanwide to exit.
Singtel helps dole out $25m to Qubole
Singtel Innov8 has co-led a $25m round for big data technology developer Qubole, which will use the funding to expand its presence in Asia.
Matic fattens up with $7m series A
Mr Cooper, Nationwide and National General Insurance invested in the digital insurance agency as part of a round that will fund hiring and growth.
MyMusicTaste books $11m series C
South Korea-based concert crowdsourcing platform MyMusicTaste has secured $11m in a series C round featuring telecommunications and internet group SoftBank and electronics manufacturer Samsung, TechCrunch has reported. Investment firm KTB Network led the round, which included Stonebridge, Yellow Dog, Formation 8, Bokwang Investment and Golden Gate Ventures. Samsung and Softbank contributed through subsidiaries Samsung Venture… Continue reading MyMusicTaste books $11m series C
Natural Cycles reaches $30m series B
Bonnier has returned to back the fertility tracking app developer’s series B round, the proceeds of which will fund international growth.