GV helped geometric search technology developer Physna raise $56m while multiple corporates took part in a round nearly doubling study app developer Mathpresso's total funding to $105m.

Funding

US-based geometric search software provider Physna secured $56m yesterday from investors including internet and technology group Alphabet’s GV unit. Hedge fund manager Tiger Global Management led the round, which also featured venture capital firm Sequoia Capital. Physna had raised almost $2m from unnamed investors as of 2018 before Drive Capital led a $6.9m series A round in July 2019, returning for a $20m series B in January this year that included Sequoia Capital, boosting its overall funding to over…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.