Majesco (NASDAQ: MJCO), a Morristown, N.J.-based cloud and SaaS provider for insurance businesses, completed the acquisition of InsPro Technologies Corporation (OTCBB: ITCC), a U.S. based software leader in the life and annuity insurance market.
MedGenome, a Foster City, California-based genetic diagnostics, research and data company focused on expanding access for populations in South Asia and other emerging markets, raised USD$55m in funding.
Dynacure, a Strasbourg, France-based clinical stage drug development company focused on rare and orphan disorders, closed a €50m Series C financing.
Affinia Therapeutics, a Waltham, Mass.-based gene therapy company, closed a $60m Series A financing.
Utrecht, the Netherlands, and Cambridge, Massachusetts-based Gilde Healthcare closed Gilde Healthcare V, a €416m ($450m) venture and growth capital fund.
Qarnot, a Montrouge, France-based developer of computer servers that also heat buildings, raised €6m in funding.
Orum, a San Francisco, CA-based AI-sales platform, raised $4m in seed funding.
RoadSync, an Atlanta, GA-based digital payment platform for the transportation industry, raised $5.7M in Series A funding.
iTeos Therapeutics Inc., a Cambridge, MA and Gosselies, Belgium – based clinical-stage biotechnology company developing innovative cancer immunotherapies, closed a $125m Series B2 financing.
World Insurance Associates, a Tinton Falls, NJ-based full-service insurance brokerage, closed a majority investment from funds affiliated with Charlesbank Capital Partners.
The German government is supplementing its existing uncapped aid for businesses to survive the ongoing coronavirus crisis with € 2 billion directed specifically at the country’s startups.
Koch Engineered Solutions (KES), a unit of Koch Industries Inc., acquired Sentient Energy, a leader in distribution grid transformation, providing intelligent line sensors and grid analytics software for fault detection, outage prevention, and safe, reliable power delivery.
BigRentz, an Irvine, CA-based construction equipment rental network, raised $15m in funding.
Olive, a Columbus, Ohio-based company creating an AI workforce for healthcare, closed its $51m funding round.
Aspen Neuroscience, a San Diego, CA-based biotechnology company developing the first autologous neuron replacement therapy to treat Parkinson disease, closed a $70m Series A funding round.