Investments & Deals

  • December 14, 2017

    Investors venture into iSpace

    The lunar exploration company has raised $90.2m in a series A round featuring Innovation Network Corporation of Japan and Development Bank of Japan.

  • December 14, 2017

    Veritas Finance seeks $10m truth

    CDC Group has injected $10m into Veritas Finance, a lending platform targeting micro, small and medium-sized enterprises in rural and semi-urban locations.

  • December 14, 2017

    iZettle nets funding at a $950m valuation

    The Intel, Mastercard, Amex and Santander-backed small business payment and revenue platform has raised $47.3m in a round that included the Fourth Swedish National Pension Fund.

  • December 14, 2017

    36Kr Media reports $45m series A round

    The VC and technology-focused news platform, a spinout from technology group 36Kr, has raised capital from investors including Hangzhou Finance Investment.

  • December 13, 2017

    Affirm validates $200m round

    Affirm provides loans to young people in the US so they can purchase high-value items such as mattresses or holiday direct from the vendor.

  • December 13, 2017

    IFC finances Creditas in $50m round

    International Finance Corporation, an investor in Creditas' $19m series B round earlier this year, returned for a $50m series C that will support product development.

  • December 13, 2017

    TactoTek shapes $5.9m round

    Finnvera and Tekes-backed TactoTek has attracted $5.9m in funding from Ascend Capital Partners.

  • December 13, 2017

    InnovaCorp seeds two funds with $19m

    The funds will target technology businesses in Nova Scotia and the Atlantic Canada region after a report showed the province’s VC investments were trailing the national average.

  • December 13, 2017

    Irish agencies score Crospon exit

    Enterprise Ireland and Western Development Commission have secured an exit after medtech developer Crospon was bought by Medtronic for $45m.

  • December 12, 2017

    Mafengwo books $133m Temasek-backed series D

    The travel booking business is planning to refine its supply chain and strengthen its tie-ups with leisure service providers, including hotels.

  • December 12, 2017

    Ireland picks 21 for $70m fund

    The projects will share $35m from the Regional Enterprise Development Fund aimed at spurring economic growth.

  • December 12, 2017

    Mubadala racks up investments

    Deputy chief executive Waleed al-Muhairi said Mubadala has backed biotech and AI and could score several exits next year.

  • December 12, 2017

    SIB pins down $2.4m investment

    The government-owned Scottish Investment Bank has backed advanced laser developer UniKLasers with $1.4m and medtech vendor PhysioMedics with $1m.

  • December 12, 2017

    Fusion Antibodies amps up for IPO

    Queen's University spinout Fusion Antibodies is targeting $7.4m in proceeds in an IPO that will provide an exit to Qubis and Invest NI.

  • December 12, 2017

    Xiaoe Weidian scans $30.2m series B

    The automated retail operator has been backed by the provincial government of Hainan and the state-owned Zhongguancun Science Park.

  • December 12, 2017

    France awaits UAE investment

    UAE is expected to capitalise on French economic reforms under president Emmanuel Macron with greater investment from a $1.2bn drive unveiled in November 2017.

  • December 11, 2017

    Skolkovo to launch Russian-Chinese collaboration

    The Russian state-backed research arm will partner China’s TUS Holdings to plug China-based tech businesses into Russia’s research ecosystem.

  • December 8, 2017

    Indigo grows series D to $203m

    The crop treatment developer has added $47m from Investment Corporation of Dubai to the $156m it raised in September, and will use the cash to open additional international offices.

  • December 7, 2017

    Enveil covers In-Q-Tel investment

    Data security software developer Enveil has added an In-Q-Tel investment to funding from Thomson Reuters, Bloomberg Beta and USAA last month.

  • December 7, 2017

    Vertex pays for a piece of Obsidian

    Singapore's Vertex Ventures was among a consortium that put up $49.5m for gene and cell therapy startup Obsidian Therapeutics' series A round.

  • December 7, 2017

    Scottish Investment Bank stakes two

    The Scottish Enterprise-owned Scottish Investment Bank has backed a $1.4m round for laser technology developer UnikLasers and a $1m round for joint and muscle diagnostics startup PhysioMedics.

  • December 7, 2017

    Tedco tips $800,000 to six Maryland startups

    The state-founded startup hub and VC firm has backed Discourse Analytics, Knowledge Diffusion, Rise Therapeutics, Workspace Software, XMD Diagnostics and Linshom Management.

  • December 6, 2017

    RDIF and Alibaba form internet investment alliance

    The firms will back Russia-based online businesses assessing international expansion as well as investments that improve the country’s network infrastructure.

  • December 5, 2017

    Investors get into Groove X

    Innovation Network Corporation of Japan has co-led a corporate-packed series A round for robotics developer Groove X initially sized at $38.7m.

  • December 5, 2017

    Ontario provides Think Research with up to $4m

    Think Research provides cloud-based medical services such as data analysis and collaboration tools to more than 1,000 clients in Canada, the US and Europe.

  • December 5, 2017

    CPPIB to absorb ReNew Power stake

    The Canadian government-owned pension board is understood to be preparing to invest up to $350m in ReNew, which operates wind and solar power plants in India.

  • December 5, 2017

    Singapore targets 20 deep-tech investments

    State-owned SGInnovate will make the commitments during 2018 to deep-tech businesses seeking pre-seed, seed and series A capital.

  • December 1, 2017

    ReversingLabs classifies $25m series A

    The company, which entered into a strategic partnership with In-Q-Tel in 2012, has closed a round co-led by Trident Capital Cybersecurity and JPMorgan Chase.

  • December 1, 2017

    Mojio mixes series B cocktail

    BDC IT Venture Fund has returned to take part in a $23.3m series B, having previously supported a $15m series A round closed in December 2016.

  • November 30, 2017

    Codiak develops $76.5m series C

    Alaska Permanent Fund and Qatar Investment Authority were among the investors in a series C round for Codiak Biosciences.

  • November 30, 2017

    Yaskawa transfer $15m to Transphorm

    Yaskawa Electric has injected $15m into INCJ-backed Transphorm, a semiconductor technology producer already backed by Nihon and Alphabet.

  • November 29, 2017

    Doctolib books Bpifrance for $41.6m round

    The round takes medical appointment booking platform Doctolib’s funding total to $101m and will help fund further expansion in France and Germany.

  • November 29, 2017

    Fineway makes its way to $8.3m series A

    Axel Springer and MairDumont are among the backers in Fineway’s series A round, which also featured Bavaria state-owned investment firm Bayern Kapital.

  • November 29, 2017

    Tencent joins Uber secondary transaction

    SoftBank and Dragoneer have been joined by Tencent, Sequoia Capital and TPG as investors hoping to purchase shares in a secondary transaction.

  • November 29, 2017

    Temasek explores sale of Zuellig Pharma stake

    The Singapore state-owned investment firm is interested in selling its 20% stake in Zuellig Pharma and could seek as much as $1bn.

  • November 28, 2017

    Temasek and CDPQ eye Asia Healthcare stake

    The transaction, which would value medical centre holding company Asia Healthcare at $285m to $300m, would reportedly mark CDPQ’s first Indian healthcare investment.

  • November 28, 2017

    Bloomberg exits Immunio

    Trend Micro has acquired Immunio for an undisclosed amount, enabling BDC Capital and Bloomberg to exit.

  • November 27, 2017

    Huochebang heads for $2bn merger

    Huochebang, backed by IFC, is set to merge with its local peer Yunmanman in a deal that would value the combined entity at more than $2bn.

  • November 27, 2017

    QCP refines LyondellBassel partnership

    LyondellBassel will buy stakes from the local government of Limburg and VC firm Chemelot Ventures as QCP prepares to expand its polymer recycling operation.

  • November 24, 2017

    3D Medicines structures $101m round

    The funding round was led by China Reform Holdings, through policy fund China State-Owned Assets Venture Investment Fund.

  • November 24, 2017

    Ncardia carries $12.5m series B

    The regenerative medicine company was forged from the merger of biotech businesses Pluriomics and Axiogenesis in September 2017.

  • November 24, 2017

    Siemens draws in Solido Design Automation

    The acquisition of BDC-backed automated design developer Solido will complement Siemens’s purchase of Mentor Graphics Corporation in March 2017.

  • November 24, 2017

    StartToday considers whether StretchSense fits

    E-commerce portal StartToday has taken an option on NZVIF-backed sensor manufacturer StretchSense after using the Auckland spinout’s technology for its body measurement device.

  • November 24, 2017

    Deal net: 20 – 24 November 2017

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

  • November 23, 2017

    Advicenne launches $36m IPO

    The company’s existing investors, including Bpifrance, have committed to purchasing a total of $14.8m worth of shares in the offering.

  • November 22, 2017

    Step Pharma climbs $17m series A

    The biopharmaceuticals developer is developing therapies for autoimmune diseases and will use the Bpifrance-backed series A round to pursue clinical testing.

  • November 22, 2017

    Divergent 3D produces series B funding

    The vehicle manufacturing technology developer has raised $65m+ in a round backed by the Shanghai Municipal Government that could eventually close at $107m.

  • November 22, 2017

    Portea carries $26m in series C round

    IFC has returned to contribute another funding round, having previously taken part in in-home healthcare service Portea Medical’s series B round.

  • November 22, 2017

    Enterprise Ireland marks milestone for women-led enterprises

    Gender equality was a core objective in the EU’s Horizon 2020 policy framework, and Enterprise Ireland's ambition is to mirror the level of female entrepreneurship seen in the US.

  • November 22, 2017

    Nautilus sails to $26m series C

    Nautilus will launch a manufacturing centre in Ireland for its water-cooled data centres following ISIF’s $5m commitment to its latest funding round.

  • November 21, 2017

    Neiwai checks out $10.5m series B

    The lingerie fashion brand now counts Vertex Ventures among its investors, after the Temasek-backed firm led a $10.5m series B round.

  • November 17, 2017

    Deal net: 13 – 17 November 2017

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

  • November 16, 2017

    Spire enters $70m series C orbit

    The Luxembourg Future Fund has committed capital to Spire as the nanosatellite company chooses the grand duchy as the location for its European headquarters.

  • November 16, 2017

    Kaseya cradles $44.7m funding round

    The capital will allow Kaseya to expand the headcount of its Irish operations by 130, with some recruits arriving through internship collaborations with local universities.

  • November 15, 2017

    EBR Systems takes $50m pulse

    MRCF, a life sciences-focused vehicle backed by the governments of Australia and New Zealand, has co-led an investment in wireless pacemaker developer EBR Systems.

  • November 15, 2017

    Dynamic Biosensors detects $6m

    Bayern Kapital has returned to back a series B round for Dynamic Biosensors, a spinout from Technical University of Munich.

  • November 15, 2017

    Poshmark spots series D investors

    Temasek has led an $87.5m round for Poshmark that took its total funding to nearly $160m but which did not include existing backer Shea Ventures.

  • November 15, 2017

    Yidian Zixun reports $112m in funding

    The news aggregation app, which was 47% owned by Phoenix New Media as of 2015, has received funding from backers including a government guidance fund.

  • November 15, 2017

    Active.ai switches on $8.3m series A

    Vertex Ventures has co-led a round for Active.ai, which has developed an artificial intelligence chatbot aimed at the financial services sector.

  • November 14, 2017

    1MData unseals series B

    The Chinese Ministry of Finance-backed SME Development Fund has taken part in a series B round for 1MData.

  • November 14, 2017

    ISIF backs $294m patient capital fund

    The vehicle will make initial investments of $2.35m to $11.7m and take 10% to 40% equity in growth-stage startups seeking patient capital.

  • November 14, 2017

    Apple faces up to InVisage Technologies acquisition

    Imaging technology provider InVisage has been bought by Apple for an undisclosed sum allowing OnPoint Technologies to exit.

  • November 13, 2017

    Interaxon finds its series B-1 muse

    Interaxon has manufactured a wearable headband for meditation practice and has licensed the technology to eyewear manufacturer Safilo Group.

  • November 10, 2017

    France and UAE rally $1.2bn funds

    The two will boost the $350m Franco-Emirati Fund by $232m and will set up an additional $582m fund aimed at later-stage technology companies.

  • November 10, 2017

    Yotpo generates $51m series D

    Access Industries, through its Israeli subsidiary ClalTech, returned to back a series D round that also featured Vertex Ventures as a first-time investor.

  • November 10, 2017

    Deal net: 6 – 10 November 2017

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

  • November 10, 2017

    LendingCrowd counts $4m for loan agreements

    The Scottish Enterprise-backed peer-to-peer lending platform is aiming to provide 37.5% of its projected UK loan book to Scotland-based companies in 2018.

  • November 8, 2017

    VeloCloud to float over to VMWare

    VMWare has agreed to acquire portfolio company VeloCloud Networks, in a deal that will give an exit to Khazanah Nasional.

  • November 8, 2017

    EOC Pharma tackles $32m series B

    EOC Pharma has licensed six mid to late-stage oncology drugs for release in the Chinese market and will aim to acquire additional assets with the series B funding.

  • November 8, 2017

    WeLab welcomes IFC in $220m round

    International Finance Corporation has backed the peer-to-peer lending platform's series B+ round, which follows a $160m series B led by Khazanah Nasional last year.

  • November 8, 2017

    Aquantia acquires NYSE listing

    The fabless semiconductor producer, which counts Rusnano as an investor, has gone public in a $61.4m initial public offering.

  • November 8, 2017

    MetricStream flows to $65m

    The compliance services provider will focus on global expansion following an EDBI-backed round that took its total funding to $195m.

  • November 7, 2017

    Meituan-Dianping eyes 2018 IPO

    GIC and Temasek are in line for exits, as reports indicate the local services platform will seek $3bn in a US flotation.

  • November 7, 2017

    OakNorth heads to GIC for $118m deal

    OakNorth, a fintech lending provider, has welcomed GIC as a stakeholder as it prepares to license out its machine learning-based platform to overseas financial institutions.

  • November 7, 2017

    IFC helps deliver $8m to BigBasket

    BigBasket has sought more funding to compete in the online grocery segment after a rumoured merger with Amazon failed to materialise.

  • November 6, 2017

    Big deal: RCIF recognises Megvii in $460m round

    Megvii, the developer of a facial recognition software called Face++, raised $460m in funding last week from a consortium led by Russia-China Investment Fund.

  • November 6, 2017

    3YourMind erects $12m series A

    Coparion has taken part in a $12m series A round for 3YourMind, an additive manufacturing spinout of Technical University of Berlin.

  • November 6, 2017

    Instart Logic finishes $30m round

    The cloud computing optimisation platform has brought in $30m in a round led by Temasek-owned investment firm ST Telemedia that took its total funding to $140m.

  • November 6, 2017

    Thermondo retains heat to raise new funding

    The digital heating installation platform has secured $24.3m from a consortium including Investitionsbank Berlin.

  • November 6, 2017

    BuildDirect’s house needs creditor protection

    The home improvement e-commerce business struggled to secure enough funding after upgrading its systems to provide clients with access to its internal analytics platform.

  • November 3, 2017

    SenseTime seeks $500m in series C round

    The deep learning technology provider is aiming to raise the funding from investors such as Temasek at a $2bn valuation.

  • November 3, 2017

    Deal net: 30 October – 3 November 2017

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

  • November 2, 2017

    Recorded Future indexes $25m series E

    Record Future, backed by In-Q-Tel, has raised a total of nearly $58m in equity funding following a series E round led by Insight Venture Partners.

  • November 1, 2017

    Megvii faces investors in $460m round

    Russia-China Investment Fund has led a $460m funding round for Megvii, the facial recognition software provider also known as Face++.

  • November 1, 2017

    CyRise installs first cohort

    The Victoria state government-backed accelerator has selected the first startups to join its program.

  • October 31, 2017

    Argus braces for Continental acquisition

    Continental is reportedly in advanced talks over a $400m acquisition of Vertex-backed in-car cybersecurity technology provider Argus.

  • October 30, 2017

    Big deal: PIF puts $1bn into space companies

    The money will go towards Virgin Galactic, Spaceship Company and Virgin Orbit, three subsidiaries of diversified holding firm Virgin Group, and may be followed by another $480m.

  • October 27, 2017

    MMC London smashes co-investment target

    The London mayoralty-owned vehicle has marked two exits and attracted 700% as much outside investment for SMEs in the capital than was originally anticipated.

  • October 27, 2017

    Tracktik locks down $7m

    CDPQ joined iNovia Capital for the round, which will help Tracktik pursue expansions across Europe and into South America.

  • October 27, 2017

    Deal net: 23 – 27 October 2017

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

  • October 26, 2017

    Primer pinpoints $14.7m

    The search index developer has emerged from stealth with both backing and custom from In-Q-Tel, the VC affiliate of the US intelligence community.

  • October 25, 2017

    Lightspeed tallies up $163m series D

    The point-of-sale terminal manufacturer has received further backing from CDPQ and Investissement Québec in order to help it cope with market demand.

  • October 25, 2017

    Bpifrance assists with iAdvize series C

    The real-time marketing platform operator will use the $37.6m in series C funding for further artificial intelligence development and to expand into the US.

  • 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.

Most read

  1. Europe ‘guarantees’ research and innovation budget

    November 28, 2017

  2. Definvest targets startups with $59m

    November 21, 2017

  3. Nautilus sails to $26m series C

    November 22, 2017

  4. Codiak develops $76.5m series C

    November 30, 2017

  5. Step Pharma climbs $17m series A

    November 22, 2017