Health

Alibaba participated in the cancer diagnostic kit provider's first funding round in over a year, pushing its overall funding past $230m.

Monthly data: September 2021

Quarterly data: Q3 2021

Innovative region: Brazil

Sector report: Oil and gas

For many of the attendees at the Global Corporate Venturing and Innovation Summit 2021 held late last month in Monterey, California, the conference was their first in-real life (IRL) event since the pandemic effectively stopped them in the first quarter last year after the previous summit.

Corporate-backed communications monetisation technology developer Matrixx Software raised $50m from Francisco Partners while cancer drug developer Abalos took the same in a BIVF-backed round.

The pharmacy operator more than doubled its stake in the primary care provider and now plans to accelerate a co-location rollout plan.

The Ascent Health and Wellness Solutions, Manipal Education and Medical Group, Medi Assist Healthcare Services and Prosus-backed online drugstore secured the funding at a $5.6bn valuation.

The Omron-backed preventative healthcare provider will use the series D funding to bolster research and development and expand its customer base.

Bond trading platform developer Trumid raised its latest round, featuring Singapore Exchange, at a $2.4bn valuation. This is one of the latest examples of such multi-million dollar deals from the roaring fintech space.