Sectors

Q&A with Gonzalo Soriano, senior investment analyst, AC Ventures

HSBC-backed communications surveillance software developer has secured funding in a deal making Toscafund its lead investor.

The Access Industries-backed content engagement software producer will be valued above $11bn once the reverse merger closes.

The on-demand consumer delivery service more than doubled its valuation to $8.9bn in under six months, in a round backed by SoftBank Vision Fund 1.

Bain Capital led another tranche for the Nio and Xiaomi-backed refuelling and recharging platform developer, taking its latest round to $300m.

The McKesson-backed healthcare analytics software provider boosted its valuation to $3.3bn in a series E round that came just two months after its series D.

Kunlun has joined Xiaomi in exiting Finnov’s digital lending platform, Kreditbee, in a series C primary and secondary round that now totals $145m.

Novo and Lundbeck are in line for exits from the mitochondrial disease therapy developer, which has raised $145m across two funding rounds.

Poly Group unit Poly Huixin Fund Investment Management was among the new investors for the industrial cybersecurity software provider.

Qualcomm Ventures has returned to back the e-commerce platform developer’s series D round after co-leading its previous round late last year.

Lilly Asia Ventures co-led a $61.4m round for the antibody drug developer that will fund development of breast and gastric cancer drug candidates.