Investments & Deals

  • October 20, 2017

    MongoDB files away $192m in IPO

    Intel, Dell, Red Hat and Salesforce-backed database software provider MongoDB will float above its range at a market valuation of almost $1.2bn.

  • October 20, 2017

    WP Technology journals $50m

    WP Technology, owner of the social fiction writing platform Wattpad, is backed by state-owned pension fund Omers and is reportedly looking at a $400m post-money valuation.

  • October 20, 2017

    Deal net: 16 – 20 October 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • October 19, 2017

    Meituan-Dianping makes hay with $4bn round

    The online services provider has raised $4bn in a round that included GIC and which valued the company at $30bn.

  • October 19, 2017

    GuiaBolso hits $40m series D rhythm

    The IFC-backed round will help GuiaBolso extend its finance management platform’s foothold in the Brazilian market.

  • October 19, 2017

    Konfío sorts $10m series B

    The big data lending platform will use the funding for further development, while IFC hopes to connect the company with additional partnerships and capital.

  • October 18, 2017

    Magic Leap mounts $502m series D

    Magic Leap has confirmed a series D round that featured Temasek and Edbi, after reports last month suggested the company was seeking more than $500m.

  • October 17, 2017

    Nice clocks on for WorkFlex acquisition

    The acquisition provides an exit for public-private partnership CincyTech and will see WorkFlex’s workforce platform integrated with Nice’s own systems.

  • October 16, 2017

    Big deal: Godrej Agrovet enters stock market

    Temasek-backed Godrej Agrovet has successfully floated on India’s National Stock Exchange, with shares shooting up on the first day of trading.

  • October 16, 2017

    Redback receives $7m

    Clean Energy Innovation Fund provided $5m of the funding, as solar system startup Redback Technologies added funding to the cash raised from EnergyAustralia last year.

  • October 13, 2017

    ETechAces wins $77m

    Temasek has backed online insurance and loans marketplace operator EtechAces in a $77m round that valued it at $500m.

  • October 11, 2017

    Sea sets IPO range with $695m target

    The Khazanah Nasional and Temasek-backed Southeast Asian online services provider is set to raise between $596m and $695m from its US initial public offering.

  • October 11, 2017

    Bill.com rings up $100m

    Temasek and JPMorgan Chase co-led a round that increased the Amex-backed business payment processor's total funding to $230m.

  • October 10, 2017

    Tongdun locks down $72.8m

    The financial risk management platform will use the funds, provided by investors including Temasek, for R&D and potential international partnerships.

  • October 10, 2017

    Aquantia to connect itself to public markets

    The integrated circuit producer, which has raised more than $195m from investors including Rusnano, has filed for an $86m IPO.

  • October 10, 2017

    Bpifrance helps pump $6.4m into Cardiologs

    The cash will help accelerate the European and US launch of Cardiologs' automated electrocardiogram platform, which could help clinicians catch irregular heartbeats.

  • October 6, 2017

    Deal net: 2 – 6 October 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • October 6, 2017

    Vertex visits Visterra to help close series C

    Vertex is among the investors in Visterra’s series C round, which has now closed at $46.7m following a $23.6m second tranche.

  • October 6, 2017

    Secret Escapes schedules $111m series D

    GV-backed online travel marketplace Secret Escapes has collected $111m in equity and debt financing from investors including Singapore state-owned Temasek.

  • October 5, 2017

    Nanotronics scopes out $30m ICD-led series D

    Nanotronics’ total funding now stands at $71m and the company will use its latest round to expand in Asia and further develop its advanced microscopes.

  • October 5, 2017

    Recursion racks up $60m series B

    The money will be used to expand Recursion’s drug discovery program, which uses machine-learning to rapidly collect data for a diverse range of diseases.

  • October 5, 2017

    Omeicos gazes further into series B

    The biopharmaceutical developer has opened an office in the US with the extension, which followed a first close backed by HTGF and KfW.

  • October 5, 2017

    Palleon detects $47.6m series A

    Palleon Pharmaceuticals has launched with $47.6m in series A funding to commercialise cancer therapies based on technology developed at Stanford and Dundee universities.

  • October 4, 2017

    Tinubu squares $62.2m investment

    Bpifrance has reinvested in the fintech developer as Long Arc Capital acquired a majority stake.

  • October 3, 2017

    Vertex helps guide $12m towards Kryon

    Automated robotics developer Kryon will use the capital to complete a software product for enterprises and to mount an expansion into international markets.

  • October 2, 2017

    Big deal: Nucana and Nightstar race to public markets

    Nucana, a Scottish Investment Bank-backed cancer treatment developer, and Nightstar Therapeutics, an Oxford spinout focused on retinal gene therapies, have entered the public market.

  • October 2, 2017

    Kinova clasps onto $20m

    Advanced robotics developer Kinova will use the funding to support an international expansion and lobby healthcare regulators to permit medical robotic products.

  • September 29, 2017

    Integra taps into $25m funding

    Singapore state-owned investment unit Temask put $15m towards Integra’s latest round, taking the life sciences investor’s funding total to $42m.

  • September 29, 2017

    Wandercraft finds path to $17.7m series B

    Bpifrance has invested in advanced robotics developer Wandercraft, which has built an exogenous skeleton that could restore mobility to the wheelchair-bound.

  • September 29, 2017

    Deal net: 25 – 29 September 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • September 29, 2017

    FirstCry peeks out for $100m

    The childcare e-commerce platform is mulling another $100m equity injection from backers including Temasek one year after FirstCry’s purchase of its rival BabyOre.

  • September 29, 2017

    Alibaba packs almost $800m into Cainiao

    The e-commerce firm is set to invest $798m in logistics platform Cainiao, taking its stake from 47% to 51% and valuing it at approximately $20bn.

  • September 29, 2017

    BioSerenity spots $17.7m series A

    Bpifrance participated in the round, which will help BioSerenity scale up and internationalise its tailored medical diagnostics platform.

  • September 28, 2017

    Kyriba calls in $45m Bpifrance-backed round

    The French government-owned investment bank has returned for Kyriba’s latest round, having previously contributed to a $23m investment a year ago.

  • September 27, 2017

    BDC carries Transit towards $5m round

    Transportation app developer Transit has added $5m of capital to $3.4m raised in previous rounds.

  • September 27, 2017

    Omers meets Manifold for $15m series A

    Ontario’s municipal employee pension fund has led a series A round for Manifold, which has emerged from stealth with a platform-agnostic approach to cloud-based developer services.

  • September 26, 2017

    Vertex subscribes to Synup series A

    Automated marketing platform Synup is preparing to expand into European markets next year, using the $6m in series A funding to bolster its sales and marketing efforts.

  • September 26, 2017

    PMV circles Feops for $7.1m series B

    The cardiovascular software developer has built modelling programs that could help doctors decide whether patients are fit for surgery.

  • September 25, 2017

    Sea sets itself for billion-dollar IPO

    The internet company has filed for a $1bn initial public offering in the US that will give exits to Temasek and Khazanah Nasional.

  • September 25, 2017

    MongoDB moves to $100m IPO

    The database software supplier, which has raised more than $310m from investors including Future Fund and In-Q-Tel, has filed to go public.

  • September 22, 2017

    Mobify adapts to $15m series B

    Mobify’s series B has reached $15m after a subsidiary of Kuwait Investment Authority, which is eyeing a shift towards e-commerce in the Persian Gulf region, joined the round.

  • September 22, 2017

    Deal net: 18 – 22 September 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • September 20, 2017

    Gogoro speeds to $300m series C

    Temasek and several corporates were among the investors in the round, which boosted the electric scooter producer's total funding to $480m.

  • September 20, 2017

    IFC finds itself in ComparaOnline’s $14m round

    The World Bank subsidiary has taken a stake in ComparaOnline, taking part in a $14m funding round.

  • September 20, 2017

    Israel Innovation Authority helps scan $8.3m into Augmedics

    The Israeli government-funded authority has bet on augmented-reality based surgical technology developed in the Terralab incubator program.

  • September 20, 2017

    Fenfenzhong procures $16.7m

    Chinese government-backed National SME Development Fund has participated in a funding round for online restaurant procurement platform Fenfenzhong.

  • September 20, 2017

    Power2SME lights up $36m in IFC-backed series E

    Power2SME has now secured $36m in series E funding for its B2B buying club platform after the service became profitable in November 2016.

  • September 19, 2017

    Younited connects to Bpifrance for $47.8m

    Bpifrance has contributed to a $47.8m funding round for Younited Credit, which will use the money to launch its crowdlending platform in more countries.

  • September 15, 2017

    Deal net: 11 – 15 September 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • September 15, 2017

    Wish aspires to $250m in funding

    Legend-backed e-commerce platform Wish is set to achieve a valuation of more than $8bn in a $250m funding round that is expected to close soon.

  • September 15, 2017

    Apttus accepts $55m in series E

    Salesforce Ventures, an investor in Apttus since its 2013 series A round, once again took part in the KIA-backed cloud sales software provider's latest round, boosting its total funding to $329m.

  • September 14, 2017

    Investors mobilise $42m for Federated Wireless’ series B

    Allied Minds has supported a series B round that also included Woodford Investment Management, Singapore’s sovereign wealth fund GIC and several corporates.

  • September 14, 2017

    Magic Leap funding to surge by $500m

    Magic Leap, which closed a $794m Alibaba-led round in 2016, could be in line for more than $500m in a round featuring Singapore state-owned investment firm Temasek.

  • September 13, 2017

    Foodee serves up $8.2m series A

    BDC Capital has led Foodee’s series A round, which has achieved a final close at $8.2m and also attracted the government of British Columbia’s BC Tech Fund.

  • September 13, 2017

    Australia treats medical startups to $10.7m

    The government has backed three healthcare startups through its Biomedical Translation Fund, putting a total of $10.7m into Rex Bionics, Charm Informatics and Saluda Medical.

  • September 12, 2017

    Bpifrance gives a hand to ManoMano

    Home improvement e-commerce platform ManoMano has received $72m from investors including France’s public investment bank to boost its presence in markets across Europe.

  • September 11, 2017

    Bpifrance helps supply $14.5m to Vekia

    Bpifrance has co-led a $14.5m series B round for Vekia to help the supply chain technology producer expand into the UK, the US and China.

  • September 8, 2017

    Deal net: 4 – 8 September 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • September 8, 2017

    Amal develops $9.6m series B

    University of Geneva spinout Amal Therapeutics has added $9.6m to its coffers following a series B round backed by High-Tech Gründerfonds.

  • September 8, 2017

    Wuxi NextCode deciphers $240m series B

    Wuxi NextCode has achieved a final close of its Amgen Ventures-backed series B round at $240m with additional commitments from investors including Temasek.

  • September 8, 2017

    LeddarTech detects $101m investment

    Osram has led a funding round for LeddarTech that also featured Delphi, Magneti Marelli and Integrated Device Technology.

  • September 8, 2017

    Innoviz appears on corporates’ radar

    Delphi Automotive and Magna International are among the corporates that have taken part in a $65m series B round for Innoviz, a developer of Lidar sensors.

  • September 7, 2017

    Fanatics scores $1bn round

    SoftBank’s Vision Fund has led a $1bn investment in the sports e-commerce business, whose past investors include Temasek.

  • September 7, 2017

    Merck diagnoses $554m Rigontec acquisition

    University of Bonn spinout Rigontec closed a $32.7m series A round a year ago, from investors including Boehringer Ingelheim and High-Tech Gründerfonds.

  • September 7, 2017

    Labster experiments with $10m series A

    Innovation Fund Denmark-backed Labster has collected $10m in a funding round that will support expansion efforts across Europe, the US and Asia.

  • September 6, 2017

    MapR outlines $56m funding round

    Future Fund-backed MapR Technologies is working on a big data analytics platform that aims to help companies improve business outcomes.

  • September 6, 2017

    RedOwl reaches Forcepoint

    Forcepoint has acquired RedOwl, a cybersecurity technology producer backed by In-Q-Tel and Tedco, for an undisclosed sum.

  • September 5, 2017

    Compositence puts acquisition deal together

    GON has acquired a majority stake in Compositence, providing an exit to High-Tech Gründerfonds.

  • September 5, 2017

    Prowler.io sneaks into $13m series A

    Cambridge Innovation Capital has led a series A round for Prowler.io, an artificial intelligence company also backed by Infocomm Investments.

  • September 5, 2017

    Paytm to make Little acquisition

    Paytm is exploring an acquisition of its portfolio company Little Internet, a local discovery platform that has also been backed by Singapore’s sovereign wealth fund GIC.

  • September 4, 2017

    Apica monitors $12m investment

    Repeat investor Industrifonden has returned to contribute to a $12m funding round.

  • September 1, 2017

    Qadium gathers $40m series B

    Darpa-backed Qadium has obtained $40m in funding from a consortium led by Institutional Venture Partners.

  • September 1, 2017

    Vulog eyes $20m series B

    Bpifrance has taken part in the shared car platform’s funding round, which will help Vulog strengthen its market position.

  • September 1, 2017

    Deal net: 28 August – 1 September 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • August 31, 2017

    BrainScope conceives $16m investment

    Maryland Venture Fund returned to back a $16m funding round for BrainScope.

  • August 30, 2017

    Grab clutches more series G cash

    The round, which already stood at $2bn thanks to commitments from SoftBank and Didi Chuxing, has inched further towards its $2.5bn target with a cash infusion from Toyota.

  • August 30, 2017

    Appier harnesses $33m series C

    EDBI was among the investors in a $33m series C for Appier, which closed its $42.5m series B round in December 2016.

  • August 24, 2017

    Cubic Telecom connects to ISIF to raise $47m

    Ireland Strategic Investment Fund took part in a round that valued Cubic at $200m, boosting its total funding to $88m since 2006.

  • August 24, 2017

    ICeye spies Tekes to take in $13m

    The earth observation data provider has secured $13m in new financing, with Finnish government innovation agency Tekes among the investors.

  • August 23, 2017

    Sumdog fetches $1.8m

    Scottish Investment Bank joined Nesta Impact Investments to provide $1.8m for educational game developer Sumdog as it looks to expand in the US.

  • August 22, 2017

    CEFC fattens up Thinxtra's series B

    Thinxtra has received a commitment of up to $7.9m from Australia's Clean Energy Finance Corporation that would make up half its series B round.

  • August 21, 2017

    News round up 21 August 2017

    A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

  • August 21, 2017

    Cambricon clambers to $100m

    A subsidiary of China's State Development & Investment Corp led the deep learning chip developer's series A round, which reportedly valued it at more than $1bn.

  • August 21, 2017

    Kingo crowns $8m series B

    Development banks FMO and Proparco both contributed to the off-grid solar energy company's latest round, alongside an Inter-American Development Bank-backed fund.

  • August 18, 2017

    Julive moves in with Vertex for series B

    Vertex Ventures has led a series B round worth tens of millions of dollars for online-to-offline real estate agency Julive.

  • August 18, 2017

    Deal net: 14 – 18 August 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • August 18, 2017

    Huochebang hauls in $56m

    The logistics platform has secured $56m in a series B-3 round, adding to more than $270m raised since December, from investors including International Finance Corporation.

  • August 17, 2017

    Voxpro publicises Telus acquisition

    Enterprise Ireland has celebrated an exit as outsourcing firm Voxpro has been acquired by its Canadian peer Telus International for an estimated $175m.

  • August 17, 2017

    EBRD explores Black Sea Oil & Gas investment

    The European Bank for Reconstruction and Development is considering a $23.4m equity investment in Black Sea Oil & Gas, majority-owned by Carlyle Group.

  • August 16, 2017

    Puls gets in the rhythm to secure $25m

    The electronic device repair service has rebranded from CellSavers and raised new funding from investors including Temasek-owned Red Dot Capital Partners.

  • August 15, 2017

    Smartisan paints $150m picture

    The government of Chengdu has led the round through unnamed investment funds, providing $90m in capital.

  • August 15, 2017

    Bpifrance books stay in Paris Inn

    The French state-owned investment bank has committed $29m to Paris Inn, the operator of independent hotels.

  • August 15, 2017

    Facebook likes Fayteq

    Fayteq, a real-time video editing technology developer backed by Thuringia state-owned BMT, has been acquired by Facebook for an undisclosed sum.

  • August 15, 2017

    Zimmer skims off a skin cancer vehicle with $7m

    Zimmer MedizinSysteme has spun out a skin cancer treatment developer called Zimmer BioTech that has raised $7m from backers including High-Tech Gründerfonds.

  • August 14, 2017

    Big deal: Temasek helps SoundCloud play on

    SoundCloud has raised a reported $169.5m from Temasek and Raine Group in a series F round that saved the music streaming service from collapse.

  • August 11, 2017

    PCCW OTT goes on air with $110m

    The video and music streaming services provider has collected capital from strategic investors including Temasek, Foxconn and Legend Holdings.

  • August 11, 2017

    Deal net: 8 – 11 August 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • August 10, 2017

    Gen1 Biotechnology counts $6.3m

    The South Australian government-owned Health Industries Fund has backed a funding round for Gen1 Biotechnology, which is currently building a factory in the state.

  • August 9, 2017

    Gu Sheng Tang gets $150m

    Two unnamed government guidnace funds have participated in the medical clinic franchise's series D round, which is made up of almost equal debt and equity portions.

  • August 9, 2017

    Enbala expands corporate-backed series B round

    The distributed energy management platform, backed by Export Development Canada, has closed corporate-backed round at $17.5m after adding $5.5m from Zoma Capital.

Most read

  1. News round up 9 October 2017

    October 09, 2017

  2. Editorial: France chases $12bn fund vision

    September 25, 2017

  3. Big deal: October kicks off with fundraising galore

    October 09, 2017

  4. Deal net: 25 – 29 September 2017

    September 29, 2017

  5. News round up 25 September 2017

    September 25, 2017