Smiths Medical and WuXi AppTec are exiting infusion pump developer Ivenix in an acquisition that could reach $240m, while AI software developer Syntiant raised $55m from investors including Renesas.
Funding
Syntiant, a US-based provider of edge artificial intelligence software, has completed a $55m funding round that included semiconductor manufacturer Renesas Electronics Corporation. The corporate participated alongside Millennium Technology Value Partners, Mirae Asset Capital and undisclosed new and existing investors.
4C Medical Technologies, a US-based developer of treatments for structural heart disease, closed a $35.4m series C round yesterday led by medical device producer MicroPort CardioFlow Medtech Corporation. The cash will support technology development and the expansion of 4C’s product pipeline.
Germany-based cross-chain composability technology startup Composable Finance secured $32m yesterday in a series A round featuring Coinbase Ventures, the investment arm of Coinbase, as well as fellow cryptocurrency exchange GSR. They participated alongside Tendermint Ventures, Fundamental Labs, LongHash Ventures, Figment VC, New Form Capital, Blockchain Capital, Yunt Capital, Jump Capital, Polytope Capital, NGC Ventures, SOSV and Spartan Group.
Lubricant producer SK Lubricants led a $28m series C round for…
