News round up 23 April 2018

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

Funds

Dawn closes $232m fund with EIF support

The London-based VC investor has surprised observers by securing $74m from the EU-backed agency.

 

Deals

Coverfox closes $22m series C

The online insurance marketplace developer will use the proceeds from the IFC-backed round for product development and expansion.

Video++ puts more funding in the can

The video intelligence technology provider has raised $56.6m from investors including Alibaba, Megvii and SDIC, and has reportedly reached profitability.

Zimplistic whips up $30m

EDBI and Credence Partners co-led the Robert Bosch-backed flatbread appliance maker's series C round as it expands into new markets.

GlaxoSmithKline picks stake in Orchard

Temasek-backed Orchard Therapeutics has licensed a range of gene therapies from GSK, which will get a 19.9% stake in the company as part of the deal.

100Credit banks $159m funding round

The fintech startup was backed by China Reform Fund Management.

Bpifrance backs LimFlow’s $33.5m series C round

The funding will be used to develop trials in the United States.

Uavia completes first $2.5m funding round

Bpifrance was among the backers of the connected robotics firm.

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