M&A
Customer data software producer Insider has acquired MindBehind, a Turkey-based enterprise messaging software developer backed by cloud communication tool provider Tenios, for an undisclosed sum. Tenios had invested $4m in the company in September 2021.
Hospital management software provider LeanTaaS has paid an undisclosed amount for Hospital IQ, a US-based developer of healthcare web analytics software, enabling medical technology producer Baxter International and healthcare management software producer Allscripts to exit. Baxter unit Baxter Ventures led a $25m series C round in mid-2021 that included Allscripts to push Hospital IQ’s overall funding past $48m.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| Kakehashi | Digital medication history app provider | Healthcare | Japan | C1 | 57.3 | 11/01/2023 | Dai-ichi Life, Aozora Bank (Aozora Hybrid 1 Investment Limited Partnership), Globis (Globis Capital Partners), Salesforce (Salesforce Ventures); Axiom Asia Private Capital, For Startups, DNX Ventures, Japan Co-Invest |
| Paytient | Healthcare credit provider | Financial | US | B | 33 | 10/01/2023 | Bertelsmann (Bertelsmann Investments), Commerce Bank; Mercato Partners (Mercato Partners Traverse Fund) (lead), Left Lane Capital, Box Group, Felicis Ventures, Lightbank, Lachy Groom, Crossbeam Ventures, Inspired Capital, Cultivation Capital |
| Telesair | Respiratory care technology developer | Healthcare | US | A | 22 | 10/01/2023 | Honeywell (Honeywell Ventures); Pasaca Capital (lead), ZhenCheng Capital, Shangbay Capital, Device of Tomorrow Capital, Berkeley Catalyst Fund, Ultrastar Ventures |
| Ottopia | Fleet management software developer for autonomous vehicles | Transport | Israel | A | 14.5 | 11/01/2023 | ComfortDelGro, Sumitomo (In Venture); AI Alliance Fund, MizMaa Ventures, NextGear Ventures |
| Techtouch | No-code guide and navigation software provider | IT | Japan | B | 13.4 | 11/01/2023 | Mitsubishi UFJ (Mitsubishi UFJ Capital), Sumitomo Mitsui Banking Corporation (SMBC Venture Capital), Mizuho Bank (Mizuho Capital), NTT Docomo (NTT Docomo Ventures), Dentsu (Dentsu Ventures), Mitsubishi Estate (Bricks Fund Tokyo), Sony (Sony Innovation Fund); DNX Ventures (lead), The Breakthrough Partners Go Fund (The Creative Fund), Development Bank of Japan (DBJ Capital), Archetype Ventures |
| 40Seas | Cross-border trade financing platform | Financial | Israel | Seed | 11 | 10/01/2023 | Zim Integrated Shipping Services; Team8 (lead) |
| Nanoprecise Sci Corp | Machine diagnostics technology developer | Industrial | Canada | B | 10 | 10/01/2023 | Honeywell (Honeywell Ventures), NSK; Export Development Canada (lead), EC Mergers & Acquisitions |
| Nest Genomics | Genomic data analytics platform | Healthcare | US | Seed | 8.5 | 10/01/2023 | Samsung (Samsung Next); B Capital (lead), Y Combinator, Casdin Capital, DCVC, Maven Ventures, iAngels, Arkin Digital Health, LionBird, Anne Wojcicki, Deneen Vojta, unnamed others |
| Wakaze | Sake brewery operator | Consumer | Japan | B | 7.5 | 11/01/2023 | Takara Holdings, Sumitomo Mitsui Banking Corporation (SMBC Venture Capital); Jafco (lead), Development Bank of Japan (DBJ Capital), EggForward, unnamed private investor |
| Apperio | Legal spend analytics platform | Financial | UK | N/A | 7 | 10/01/2023 | Dentons (Nextlaw Ventures); Molten Ventures, Notion Capital, IQ Capital, Hambro Perks, Volution Group |
| Revisio | Human body recognition technology developer | IT | Japan | B1 | 4.1 | 11/01/2023 | Tokyo Kiraboshi Financial Group (Kiraboshi Capital), Bloom&Co; Development Bank of Japan (DBJ Capital), The Breakthrough Partners Go Fund (The Creative Fund), Cross Ventures |
| Jumbo | Decentralised exchange operator | Financial | US | N/A | 3.5 | 11/01/2023 | Huobi (Huobi Incubator) (co-lead); Pantera Capital (co-lead), DWeb3 Capital, D21 Ventures, Metaweb Ventures, Fundamental Labs, Proximity, Genblock Capital |
| Empath | AI-equipped conversation analytics platform | IT | Japan | N/A | N/A | 11/01/2023 | Will Group (HRTech2), Vector; SX Capital (SXC Investment) |
