Siemens is acquiring Boston software firm Mendix for $730 million in cash, according to a blog post on the former company's website. Mendix's backers include Battery Ventures and Prime Ventures.
1 min read · 02 August 2018
Singapore-based Grab, a ride-hailing platform, has raised $2 billion in financing. The investors included Toyota, OppenheimerFunds, Ping An Capital, Cinda Sino-Rock Investment Management Company, Vulcan Capital, Lightspeed Venture Partners and Macquarie Capital.
1 min read · 02 August 2018
Felicis Ventures has raised $270 million for its sixth fund, according to an SEC filing. The Menlo Park, California-based venture firm "backs iconic companies reinventing existing markets and creating frontier technologies," according to Crunchbase.
1 min read · 02 August 2018
London-based Farmstand, a plant-powered food company has secured $3 million in Series A funding. Kindred Capital led the round.
4 min read · 02 August 2018
The Heritage Group, which manages business units involved in construction and materials, environmental services, specialty chemicals, and energy and refining, has launched HG Ventures, a new corporate venture arm. HG Ventures will focus on early and growth-stage opportunities and is expected to reach $50 million "per year within a short time after launch."
3 min read · 02 August 2018
Calcivis, a Scottish medical device company, has raised 3.15 million pounds in funding. The investors were Archangel Investors, Julz and the Scottish Investment Bank.
1 min read · 02 August 2018
RideOS, a technology platform designed to accelerate the roll-out of next-generation transportation fleets, has raised $25 million in Series B funding. Next47 led the round with participation from Sequoia Capital and ST Engineering Ventures.
1 min read · 02 August 2018
Pico, a provider of virtual reality solutions, has secured $24.7 million in Series A financing. GF Qianhe and GF Xinde Investment led the round.
1 min read · 01 August 2018
CrowdStreet, the commercial property investment marketplace, has raised $8 million in Series B financing. Grotech Ventures led the round with participation from other investors that included Rally Ventures, Seven Peaks Ventures and Green Visor Capital.
1 min read · 01 August 2018
Madison, Wisconsin-based HealthMyne, a provider of quantitative imaging decision support for radiology and oncology to U.S.-based multi-hospital system, has secured $15 million in Series B funding. Ascension Ventures led the round with participation from return Venture Investors, 4490 Ventures and WARF.
1 min read · 01 August 2018
