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.

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Edison Fu

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