Paypal participated in a $58m round for buy now, pay later service Tabby while Toyota backed carbon-absorbing tree developer Living Carbon’s $21m series A.

Patient checking vision on modern equipment in clinic

M&A

An unnamed affiliate of eyecare technology provider Bausch & Lomb has acquired portfolio company AcuFocus, a US-based developer of near vision treatment equipment, in a deal of undisclosed size. AcuFocus had raised over $215m as of a 2016 series D round, from investors including medical device producer Medtronic, before adding $24m in 2018 according to a securities filing.

Internet-of-things services software producer Trackunit has paid an undisclosed sum to buy Flexcavo, a Germany-based provider of construction equipment rental software, enabling machinery manufacturer Wacker Neuson to exit.

Cryptocurrency-focused accounting service TaxBit has purchased Tactic, US-headquartered peer that counts finance automation software provider Ramp and cryptocurrency exchanges FTX and Coinbase as investors, for an undisclosed amount. All three participated in an $11m round in September 2022 that took the total…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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