Penna and Company contributed to a round that lifted the total raised by the QBE and TD Ameritrade-backed enterprise automation software provider to $111m.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
LanzaJet takes off with $50m
Suncor, Mitsui and ANA have provided equity funding for LanzaTech’s sustainable aviation fuel spinoff alongside a grant from the US government.
NodThera greets corporates for $55m series B
NodThera, a developer of treatments for conditions caused by chronic inflammation, has completed a Novo Ventures-led round that also featured Sanofi Ventures.
Tovala takes in $20m
Comcast Ventures and Rich Products Ventures contributed to a series B round for smart oven provider Tovala, whose earlier backers include Gree and Tyson Ventures.
Bespin reels in series C funding
SK Telecom contributed to a $74.5m round for the cloud software provider that will support expansion internationally and in its home market of China.
Bigfoot Biomedical moves forward with $55m
Bigfoot Medical, which is developing smart pens for diabetes management, closed an Abbott-led series C round after securing $45m in the first tranche in January.
Danggeun successfully angles for $33m
The SoftBank and Kakao-backed locally-focused e-commerce platform raised the money in a series C round co-led by Goodwater Capital and Altos Ventures.
PlusDental adds series C funding
Ping An Global Voyager Fund has led a $35.4m series C round for the dental aligner producer that will drive continued expansion efforts across Europe.
Gingko traces Illumina for $70m round
Illumina, General Atlantic and Viking Global Investors supplied $70m for Ginkgo Bioworks, a cell programming technology provider that has now raised more than $789m altogether.
SmartRent opens up for $60m series C
Amazon Alexa Fund contributed to the home automation technology producer’s series C round through its Alexa Fund, revealing itself as an existing investor in the process.
Cisco sets aside $1bn for ThousandEyes acquisition
Cisco intends to purchase the network analytics software producer, which had raised more than $110m from investors including GV and Salesforce Ventures, for a reported $1bn.
Pie Insurance picks out $127m
Existing investor Sirius was among the investors as the worker’s compensation provider received a total of $127m, with $100m allocated to the launch of an affiliate called Pie Carrier.
MGI Tech completes $1bn series B sequence
A year after collecting $200m in series A funding, BGI gene sequencing spinoff MGI Tech has closed a $1bn series B round co-led by IDG Capital and CPE Capital.
SpaceX rockets to $346m
The Alphabet-backed spacecraft provider has shot past its $250m target to raise $346m in a round expected to value it at $36bn.