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Page 394

Eluminex exits stealth with $50m

The ophthalmic biotherapeutics developer has completed a series A round co-led by Eli Lilly unit Lilly Asia Ventures nine months after it was founded.

Nov 26, 2020

Well Health sells Summation on $45m round

Summation Health Ventures returned for a series C round that lifted the healthcare communication system provider's total funding to $45m.

Nov 26, 2020

CoStar holds on to Homesnap in $250m deal

The real estate data provider has agreed to buy property engine developer Homesnap for $250m in cash following $32m from investors including AH Belo.

Nov 26, 2020

Zunum Aero sues ex-investor Boeing

Boeing and corporate venturing unit HorizonX are being sued by bankrupt former portfolio company Zunum over claims of technology theft and fraud.

Nov 25, 2020

DefenseStorm locks up $12m

The banking cybersecurity technology developer, which counts Washington Trust, Live Oak Bank and Citizens National Bank, as investors, has hit $47m in total funding.

Nov 25, 2020

RTP frames TenasiTech for acquisition

Backed by Uniseed, TenasiTech has commercialised scratch-resistant plastic additives pioneered at University of Queensland’s Australian Institute for Bioengineering and Nanotechnology.

Nov 25, 2020

Mitsui Sumitomo hands $350m to Hippo

The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.

Nov 25, 2020

UMSL unleashes diversity accelerator

Six businesses with founders from underrepresented backgrounds will receive a $50,000 grant from UMSL’s Diversity, Equity and Inclusion Accelerator.

Nov 25, 2020

Metromile makes tracks to reverse merger

The Mitsui, China Pacific, AmTrust, Tokio Marine and Intact Financial-backed automotive insurer is teaming with Insu Acquisition Corp. II to form a business with a $1.3bn valuation.

Nov 25, 2020

Chainalysis charges to $100m series C

The crypto anti-fraud software developer, which counts Mitsubishi UFJ Financial as an investor, has now raised $165m to date.

Nov 25, 2020
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