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Page 130

Understory forecasts $7.5m

4490 Ventures has returned for the latest round for weather analytics service Understory, which has disclosed a total of $24.6m in funding to date.

Nov 22, 2018

Walmart hikes Flipkart stake to 81%

Walmart, which closed its $16bn acquisition of a 77% stake in Flipkart in August, has boosted its share of the e-commerce marketplace to 81.3%.

Nov 22, 2018

Qwick finds hospitality in seed round

Hospitality shift work platform Qwick’s seed investors include UAVenture Capital Fund, an independent vehicle set up to cultivate University of Arizona’s ecosystem.

Nov 21, 2018

Pure Battery stores $1.3m

Queensland spinout Pure Battery Technologies will use the cash to design and build production plants for its acid-leaching-based battery material manufacturing process.

Nov 21, 2018

BillDesk itemises $300m Visa investment

Visa has provided a reported $200m in equity funding for bill payment platform BillDesk and bought up to $100m worth of shares in a secondary transaction.

Nov 20, 2018

Acorns to manage $100m investment

PayPal and Rakuten-backed savings platform Acorns Grow is looking to raise more than $100m in a corporate-led round that will value it at $700m.

Nov 20, 2018

Vascugen generates funding

Vascugen has collected an undisclosed sum from investors including Indiana University Philanthropic Venture Fund to commercialise medicines for vascular-degenerative diseases based on IU technology.

Nov 20, 2018

Corporate venturing deal net: 12-16 November 2018

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Nov 16, 2018

Miup absorbs $890,000

Tokyo telemedicine spinout Miup has been backed by Beyond Next Ventures in its bid to build an AI-powered healthcare ecosystem in Bangladesh.

Nov 16, 2018

Duel meets UBEF II for investment

SetSquared member Duel has added UBEF II to investors including London Co-Investment Fund as it looks to drive adoption of its advocacy marketing platform.

Nov 14, 2018
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