Retail analytics software developer Profitect has agreed to a purchase by existing investor Zebra Technologies that will also enable Motorola Solutions to exit.
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.
GCV Symposium 2019: Co-chairs’ welcome
Jacqueline LeSage Krause of Munich Re Ventures and David Gilmour of BP Ventures are co-chairs of this year’s GCV Symposium, which is looking at how to navigate market turbulence.
SIG helps Shanzhen take care of funding
Susquehanna International Group has led a series B round for elderly healthcare services provider Shanzhen that was in the eight-figure dollar range.
Snapsheet lays claim to $29m
The digital insurance software provider Snapsheet has closed a $29m series E featuring Nationwide, Sedgwick, State Automobile Mutual Insurance Liberty Mutual, Fidelity and USAA.
Zipline speeds up with $190m
Medical supplies delivery service Zipline has revealed two funding rounds totaling $190m, one of which is a $70m series C that included existing backer GV.
Applied Therapeutics administers $40m IPO
Alexandria Real Estate Equities-backed Applied Therapeutics has gone public despite having to drastically cut its expectations for the offering.
A first quarter to smile about
University corner: first quarter of 2019
Sansan seeks public listing
Shareholders including Japan Post, Salesforce, CyberAgent, Recruit, GMO, Nippon Life and Nikkei are all in line for exits when Sansan floats in Japan next month.
HBCF banks on Du Xiaoman for $65m
Baidu spinoff Du Xiaoman Financial has injected $65m into Harbin Bank Consumer Finance as part of a collaboration deal that will see them develop a range of products and services.
Hyperloop One digs into $172m
DP World has returned to lead a $172m funding round for the advanced transport technology developer, having previously co-led a $50m round in 2017.
Rimac rides Hyundai to new funding
Hyundai and subsidiary Kia have provided $93.7m in capital for electric vehicle developer Rimac Automobili through a partnership deal that will involve them collaborating on new models.
Grofers feeds on $200m
SoftBank Vision Fund has led a $200m funding round for Grofers that more than doubled the online grocer’s valuation to $1bn.
Kr Space makes room for $145m
36Kr’s co-working spinoff, Kr Space, has added $145m to its coffers, from investors including IDG Capital, Gopher Asset and Yixing Capital.
ETechAces champions $152m
SoftBank Vision Fund has led a $152m first tranche for financial comparison service ETechAces’ latest funding round, which also included fellow corporate Info Edge.