Novartis and Cigna Ventures were part of Cleerly’s $192m series C round while Aptos Labs secured $150m from investors including FTX, Circle and Jump Trading.
Funds
Japan-headquartered venture capital firm Anri has formed a fifth fund called ANRI Fund V and secured ¥14bn ($101m) of a ¥40bn target, from limited partners including digital media group Gree and financial services firm Mizuho Bank. Japan Investment Corporation and unnamed other institutional investors filled out the LP roster, and the fund will invest in internet technology developers and university spinouts.
Portage Ventures, the financial technology-focused VC vehicle for Canada-based conglomerate Power Financial Corporation, has closed a $655m third fund. It targets seed to series C-stage fintech companies based in the United States, Canada and Europe.
M&A
Physical space analytics group Density has acquired Prevision.io, a France-based data science software developer backed by rail operator SNCF, for an undisclosed amount. SNCF’s Digital Ventures unit led a $1.7m seed round for Prevision in 2017 that was followed by a $7.1m seed round in late 2020.
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