Internet company Tencent and insurance provider Ping An’s investment vehicle Ping An Ventures have co-led a $5m round US-based medical device maker CliniCloud. The funding will support the company’s launch of its first product, a connected medical kit for the home.
India-based healthcare training and education provider Vivo Healthcare has received an undisclosed sum from Springboard Ventures, an investment subsidiary of Bennett, Coleman & Company, the parent of media company Times Internet. Vivo will use Bennett, Coleman & Company’s distribution network to reach more customers.
Tim Ventures, the corporate venturing unit of telecoms firm Telecom Italia, and Club Italia Investimenti II have backed a $150,000 seed round for Italy-based Crowdway, a platform that generates a stream of financial news and analyses.
IDG Capital Partners, an investment affiliate of publisher International Data Group, has contributed funds to a $2.2m round for US-based automotive camera system manufacturer Waylens. E14 Fund also participated in the round.
Meanwhile, India-based advertising technology platform SilverEdge Technologies attracted $1.3m from IDG Ventures, another investment affiliate of International Data Group, and 500 Startups. The round was led by M&S Partners. IDG Ventures, Unilazer Ventures and Palaash Ventures previously injected $1.5m in August 2014, while Palaash and assorted angel investors had also invested $1m in February 2014.
Payments processing service Paytm has invested $10m in India-based logistics analytics provider LogiNext Solutions. The company’s technology enables businesses to predict delays, reduce costs and handle customer support. LogiNext raised an undisclosed amount of angel funding in April 2015 from Indian Angel Network.
Lippo Digital Ventures, the corporate venturing division of conglomerate Lippo, provided an undisclosed amount of series A funding for Indonesia-based shopping recommendation and price comparison portal Telunjuk, according to Tech in Asia. As part of the deal, Lippo Digital Ventures’ managing partner Rudy Ramawy will become commissioner of Telunjuk and bring in other experts to help the company grow.
Germany-based medical device producer Biametrics, a spinout of University of Tübingen, has closed a €3.1m ($3.5m) series A round backed by corporate-backed High-Tech Gründerfonds (HTGF). The round also included LBBW Venture, the venture capital arm of banking group Landesbank Baden-Württemberg, MBG Mittelständische Beteiligungsgesellschaft BW, KfW Bankengruppe and Seedfonds BW. HTGF and Seedfonds previously also provided an undisclosed seed round.
HTGF also invested an undisclosed amount in Isaac10, a Germany-based payments processing service that enables recurring billing. The cash will support further product development and a commercial launch.
GrubMarket, a US-based service that enables consumers to order locally sourced produce and have it delivered, has closed a $10m series A round led by conglomerate Fosun, according to TechCrunch. Incubator Y Combinator, Battery Ventures, GGV and AME Cloud Ventures also took part in the round. In January 2015, GGV Capital, Y Combinator, Wang Gang and New Gen Partners and assorted angel investors provided $2.1m in seed funding.
Beauty products company Luxasia and angel investor Robert Yap have invested $1.4m in Singapore-based beauty marketplace Vanitee, according to Tech in Asia. The platform enables users to book appointments with a range of beauty professionals, including hair stylists and make-up artists, through a smartphone app. Beauticians meanwhile can use the platform’s customer relationship management tools.
US-based commercial real estate lender A10 Capital has attracted an undisclosed amount from BlackRock and THL Credit. The company’s existing backers also include an unnamed insurance company and HIG Capital, though it has not revealed further details about previous funding rounds.
Rakuten Ventures, the corporate venturing subsidiary of internet company Rakuten, has contributed funds to US-based advertising technology producer AdsNative’s $8.5m series A round. Rakuten was joined by Interwest Partners and Onset Ventures. The tool, which helps brands manage their native advertising, previously received $2m in seed funding from Onset, Interwest, Foundry Group Angels, KBS+ Ventures and assorted private individuals.