SK Hynix, Marvell and M12 helped data centre technology producer D-Matrix pull in $44m while health insurance provider SafetyWing raised $35m from investors including Digital Garage and CreditEase.

Funding

D-Matrix, a US-headquartered developer of compute technology for data centres, raised $44m yesterday from investors including flash memory chip producer SK Hynix, semiconductor manufacturer Marvell Technology and M12, the corporate venturing arm of software producer Microsoft. Venture capital firm Playground Global led the round, which also featured Nautilus Venture Partners and Entrada Ventures.

US-headquartered remote health benefits provider SafetyWing has completed a $35m series B round backed by internet company Digital Garage’s DG Ventures unit and online lending marketplace…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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