Entrada Therapeutics, a US-based drug delivery platform developer, has raised $116m in its series B round from a consortium including CureDuchenne Ventures, the investment arm of CureDuchenne, a national nonprofit dedicated to curing Duchenne muscular dystrophy. Fund manager Wellington Management led the round and was joined by VC firms Redmile Group, TCG Crossover, Greenspring Associates,… Continue reading Entrada adds $116m B round
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Uniphore raises $140m D round
Uniphore, a US- and India-based speech recognition technology developer, has raised $140m in its series D round from a consortium including Cisco Investments, the corporate venturing and acquisitions group of US-listed network equipment supplier Cisco. Venture capital fund Sorenson Capital Partners led the round, which also included additional new investors Serena Capital and Sanabil Investments,… Continue reading Uniphore raises $140m D round
Harry’s shaves with E round
Harry’s, the US-based razor retailer backed by beauty product distributor Grace Beauty, has reportedly raised $155m in its series E round led by financial investors Bain Capital and Macquarie Capital, according to Forbes. At a reported $1.7bn valuation for the round, this puts the retailer’s value above the price of the blocked $1.37bn acquisition by Edgewell last year as sales… Continue reading Harry’s shaves with E round
PHC raises $181m from L Catterton
PHC, a Japan-based healthcare brands company backed by local conglomerates Mitsubishi Chemical and Panasonic, has raised Y20bn ($181m) from consumer-focused private equity firm L Catterton. PHC’s existing shareholders include private equity firm Kohlberg Kravis Roberts, financial services group Mitsui Life Science Institute, (a member of the Mitsubishi Chemical Holdings Group) and Panasonic. L Catterton has previously backed… Continue reading PHC raises $181m from L Catterton
British Airways flies to ZeroAvia
ZeroAvia, a UK- and US-based zero-emission plane maker, has added $24.3m to support the development of a 2MW hydrogen-electric engine. Hong Kong-based venture capital firm Horizons Ventures, an existing investor and the family office for Li Ka-shing, former chairman of conglomerate CK Hutchison, led the latest funding round and was joined by new investor in… Continue reading British Airways flies to ZeroAvia
Ethic brings in $29m
Ethic, a US-based asset management platform for financial advisers, has raised $29m in its series B round from a consortium including mutual fund manager Fidelity Investments. Venture capital firm Oak HC/FT led the round, with participation from existing investors including VC peers Nyca Partners, Sound Ventures, ThirdStream Partners, Urban Innovation Fund and Kapor Capital. Founded… Continue reading Ethic brings in $29m
Augmedics adds HCA backing
Augmedics, a US-based surgical image guidance technology developer using augmented reality, has raised $36m in its series C financing from a consortium including Hospital Corporation of America’s (HCA) corporate venturing unit. Alongside HCA Healthcare’s Health Insight Capital and VC firm XR Invest (formerly known as AO Invest) in the round were lead investors, private equity firms… Continue reading Augmedics adds HCA backing
Zoomin connects with $52m C round
Zoomin Software, a US-headquartered customer information software provider backed by Salesforce Ventures, has raised $52m in its series C round. General Atlantic, a growth equity firm, led the round with participation from returning investors Bessemer Venture Partners, Salesforce Ventures and Viola Growth. The new investment follows the company’s last funding announcement four months ago and takes… Continue reading Zoomin connects with $52m C round
Ecovative builds on $60m
Ecovative, a US-based materials science company developing home-compostable biomaterials based on mycelium and backed by 3M’s corporate venturing unit, has raised $60m in its series D round. Hedge funds Viking Global Investors, which led the round, Senator Investment Group and AiiM Partners and VC firm Trousdale Ventures and other investors provided the money. This funding… Continue reading Ecovative builds on $60m
Capitolis adds four strategics
Capitolis, a US-based developer of a software platform that helps financial institutions optimise their resources, has raised $90m in its series C round including four strategic investors. Financial services firms SVB Capital, Citi, JP Morgan and State Street reinvested in Capitolis. Venture capital firm Andreessen Horowitz led the round, which also included peers Index Ventures,… Continue reading Capitolis adds four strategics
Cameo closes $100m
Cameo, a US-based celebrity video shoutout platform, said it had raised $100m in its series C round at a valuation of more than $1bn. Jonathan Turner’s e.ventures led the round, with Turner joining Cameo’s board. Other investors included search engine provider Alphabet’s GV corporate venturing unit (formerly known as Google Ventures), online retailer Amazon’s Alexa… Continue reading Cameo closes $100m
6sense raises $125m D round
6sense, a US-based marketing platform backed by enterprise software producer Salesforce, has raised $125m in its series D round at a $2.1bn valuation, the company said. Hedge fund D1 Capital Partners led the round with participation from peer Tiger Global, Sapphire Ventures, Germany-listed software provider SAP’s independent corporate venturing unit, and venture capital firm Insight… Continue reading 6sense raises $125m D round
Appier raises $271m in IPO
Appier, a Taiwan-based enterprise software tool developer backed by Japan-listed conglomerate SoftBank, raised ￥29.8bn ($271m) in an initial public offering (IPO) on the Tokyo Stock Exchange. Appier’s shares were priced at ￥1,600 each in the IPO and closed up 19% at ￥1,900 at the end of first day. SoftBank owned 4.4% of Appier, according to… Continue reading Appier raises $271m in IPO
Contec finds space for $11m round
Contec, a Korean Aerospace Research Institute spinoff with headquarters in Luxembourg, has raised $11m in its series B round from a consortium including South Korea-based satellite equipment maker IntellianTech. The B round also included state and venture capital firms Atinum Investment, the Korean Development Bank, Industrial Bank of Korea and Korean Investment Partners. Contec operates… Continue reading Contec finds space for $11m round