Enterprise Ireland installs Medtech Accelerator

Enterprise Ireland will select 14 teams in the hope of encouraging more companies capable of generating $1.2m in export turnover within three years.



Editorial: France chases $12bn fund vision

The French government hopes its innovation fund will have $239m available to invest in technologies such as artificial intelligence and transportation per year.

Shanghai hails $983.3m technology fund

Several state-owned enterprises have backed the vehicle, which will aim to raise $4.52bn for startups and funds in technology sectors including advanced manufacturing and biomedicine.

Netherlands kickstarts $117.7m growth-stage initiative

The Dutch Growth Co-Investment Program will receive capital from the European Investment Fund to help unlock private funds for companies looking to scale up.

Roscosmos counts down to space fund

Roscosmos’s new fund targets university intellectual property as well as the production of small satellites and light missile carriers.



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.

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.

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.

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.

Mexico sows $4.1m agtech strategy

Focir, a government-owned investment vehicle, has backed three venture capital funds to help bolster local agtech startups.

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.

BDC carries Transit towards $5m round

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

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.

BioSerenity spots $17.7m series A

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

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.

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.

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.

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.