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Page 869

Soocas brushes up on funding

Xiaomi-backed smart toothbrush producer Soocas Shenzhen Technology has received almost $30m from investors including Fosun-founded Kinzon Capital.

Feb 12, 2019

Arm and Avery Dennison stay Pragmatic

The flexible electronics maker once known as Pragmatic Printing has retained the interest of Avery Dennison, Arm and CIC in a $16.7m round that took its total funding to $46.8m.

Feb 12, 2019

NuVera veers toward $15m

The General Electric-backed medical device developer has reached a first close of a $15m round that was led by Cormorant and backed by Lilly Asia Ventures.

Feb 12, 2019

UL takes a risk on KenSci in $22m round

UL Ventures' parent company will offer assistance in growth and compliance to the healthcare risk assessment platform developer, which has just raised series B funding.

Feb 12, 2019

Allied Minds prepares cost reductions

The commercialisation firm will cut cash operating expenses by more than 40% year-on-year, while SciFluor Life and Precision Biopsy received $9m in financing between them.

Feb 12, 2019

KenSci foretells $22m series B

The UW-founded healthcare forecasting software developer has collected $30.5m in all from backers including OUP and a unit of compliance firm UL.

Feb 12, 2019

SoftBank Vision Fund delivers $940m to Nuro

Nuro has already begun trialling its self-driving delivery vehicle and will use the funding to move into new cities and further develop the technology.

Feb 11, 2019

Tradeplus24 raids corporates for $119m

Six Fintech Ventures led a series A round consisting of debt and equity that included fellow corporate venturing units Berliner Volksbank Ventures and Credit Suisse Entrepreneur Capital.

Feb 11, 2019

Illumio clears $65m series E

Cybersecurity software producer Illumio, which counts Juniper Networks among its backers, has now raised a total of more than $333m from five rounds.

Feb 11, 2019

Taber takes up DataRobot offer

Intel Capital managing director Igor Taber has left the chipmaker’s corporate venture capital unit to join portfolio company DataRobot as senior vice-president of corporate development and strategy.

Feb 11, 2019
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