Kin Insurance constructs series C
CSAA-backed digital home insurance provider Kin secured $63.9m to increase its overall funding to about $150m.
Innovusion inputs $64m in series B funding
The autonomous driving technology developer is looking to ramp up production with capital from investors including Nio and Bertelsmann.
Virogin generates $80m in financing
The Sinopharm-backed oncology drug developer has raised series D1 funding in a round led by China Structural Reform Fund Corporation.
Sirclo secures $45m in series B3 round
The e-commerce software provider received funding in a round led by Sinar Mas subsidiary SMDV at a reported $116m valuation.
Alebund aligns with $60m
Lilly Asia Ventures was among the investors in a series B round for the renal disease treatment developer, which it incubated in 2018.
Corporates illuminate Lightmatter in $80m series B
Alphabet, Hewlett Packard Enterprise and Lockheed Martin invested in the photonic computing technology developer’s series B round, increasing its total funding to $113m.
Vast Data vaults to $83m series D
Nvidia participated in a round valuing the data storage technology provider, which counts Dell, Siemens and Mellanox as investors, at $3.7bn.
Florence finds $80m for series C round
The Atrium Health-backed clinical trial software provider increased its overall funding to over $88m in a round led by Insight Partners.

Other News

TwinStrand takes in $50m
Genetic sequencing platform developer TwinStrand has secured $50m in a series B round led by Section 32, while Alexandria Venture Investments invested for a third time.
Oculii locks up $55m
Hella and Susquehanna International Group both took part in a series B round that increased the radar technology developer's overall funding to $75m.
Daily Deal Round Up: May 6, 2021
Opioid addiction care provider Groups Recover Together and healthcare management platform developer Vim each raised $60m, with Optum Ventures backing both rounds.
Mainspring Energy bounces to $95m series D
American Electric Power, Chevron and Equinor all participated in a round that increased the power generation technology developer's total funding to $228m.
Daily Deal Round Up: May 5, 2021
SoftBank Vision Fund led a $75m round valuing OKR platform developer WorkBoard at $800m while therapist network provider Headway hit a $750m valuation.
Ant Group's investment in Wave breaks
Ant Group has reportedly not supplied the $73.5m in funding it pledged for the mobile wallet developer Wave a year ago.

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