M&A
Digital mental health platform Headspace Health has acquired Shine, a US-based daily motivational text message provider backed by media groups Comcast and New York Times. Comcast’s corporate venturing arm, Comcast Ventures, had led a $5m series A round in 2018, investing alongside New York Times and other investors.
Postal services firm La Poste has acquired Happytal, a French hospital services platform backed by Axa, for an undisclosed amount. The company has secured more than $30m from investors including the insurer’s Axa Venture Partners.
Public markets
Qiniu, a China-based cloud services provider backed by ecommerce firm Alibaba’s Taobao subsidiary and telecoms group Telstra, has cancelled a $100m initial public offering on the Nasdaq Global Select Market that was first announced in mid-2021.
Funding
| Company | Company description | Sector | Country | Round | Round size($m) | Deal date | Investors |
|---|---|---|---|---|---|---|---|
| Carrot General Insurance | Digital insurance provider | Financial | South Korea | N/A | 250 | 09/09/2022 | Hanwha Group; Affirma Capital (lead), Stic Investments, Altos Ventures |
| LetsGetChecked | At-home disease testing service | Healthcare | Ireland | D | 170 (updated) | 08/09/2022 | JP Morgan (JP Morgan Chase); Casdin Capital (lead), CommonFund Capital, Illumina Ventures, Optum Ventures, Transformation Capital, HLM Venture Partners, Qiming Venture Partners USA, Symphony Ventures |
| Autobahn Therapeutics | CNS disorder treatment developer | Healthcare | US | N/A | 32.7 | 08/09/2022 | Biogen Idec, Bristol Myers Squibb, Pfizer (Pfizer Ventures); Arch Venture Partners, BVF Partners L.P, Invus, Section 32, Samsara BioCapital, Alexandria Venture Investments, GT Healthcare, Cowen & Company (Cowen Healthcare Investments) |
| TigerEye | Sales software provider | IT | US | A | 30 | 08/09/2022 | Siemens AG (Next47) (co-lead); Initialized Capital (co-lead), SV Angel, Sterling Road, Y Combinator |
| Flyability | Indoor inspection drone company | Industrial | Switzerland | C | 22.9 | 08/09/2022 | SBI Group (SBI Investment), Cargill, Zürcher Kantonalbank (Verve Ventures), Swisscom (Swisscom Ventures), Dow (Dow Venture Capital); ETF Partners, Future Industry Ventures |
| InsideTracker | Health analytics platform | Healthcare | US | B | 15 | 08/09/2022 | BASF (BASF Venture Capital); PeakBridge (lead), Cornucopian Capital, OurCrowd |
| Nutromics | Wearable diagnostics platform | Healthcare | Australia | N/A | 14 | 08/09/2022 | Dexcom (Dexcom Ventures); VU Venture Partners, Artesian Investments |
| Slide | Decentralised user experience app | Media | US | Seed | 12.3 | 08/09/2022 | Coinbase (Coinbase Ventures), Circle (Circle Ventures); Polychain Capital (co-lead), Framework Ventures (co-lead), Outlander Ventures |
| LocationMind | AI-driven satellite intelligence platform | Industrial | Japan | A | 8.1 | 09/09/2022 | Hino Motors, Shinki Bus, Zenrin (Zenrin Future Partners), Mizuho Bank (Mizuho Capital), Hulic (Hulic Startup), Intelligent Style; Azusa Institute of Research, Kyoto University (Miyako Capital), unnamed angel investors |
| OMRT | Building design process company | Services | Netherlands | A | 5 | 08/09/2022 | VORM; Shift Invest (lead) |
| VerifyVASP | Blockchain compliance technology developer | Services | Singapore | A | 5 | 09/09/2022 | FTX (FTX Ventures); Peak Capital, Bcharu |
| Opsydia | Gemstone security provider | Consumer | UK | N/A | 4 | 07/09/2022 | Williams Advanced Engineering (Foresight Williams Technology EIS fund); Parkwalk, Oxford Sciences Enterprises |
| Parfumado Group | Perfume subscription platform | Consumer | Netherlands | Pre-A | 3.2 | 08/09/2022 | Rabobank (co-lead); Borski Fund (co-lead), Michel Perridon, Wulf van Alkemade |
| Trensition | B2B AI-equipped data intelligence platform | IT | Belgium | N/A | 1.8 | 08/09/2022 | Ageas (co-lead); Capricorn Partners (co-lead) |
| Smart Laser & Plasma Systems | Laser and plasma-equipped industrial automation service | Industrial | Japan | N/A | 1.6 | 09/09/2022 | Kochi Bank (Kogin Regional Collaboration Fund), Techno Network Shikoku; Academia Industry Alliance Capital, RealTech Fund, Nippon Venture Capital |
