REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Tencent Music Entertainment Group (NYSE: TME), the leading online music entertainment platform in China, announced that a consortium led by Tencent Holdings Limited (00700.HK) and participated by the company (through one of its wholly-owned subsidiaries), completed the acquisition of a 10% equity stake in Universal Music Group from Vivendi SE (VIV.PA).
Akouos, Inc., a Boston, Mass.-based precision genetic medicine company developing potential gene therapies to restore, improve or preserve hearing, raised $105m in Series B financing.
Sofinnova Investments, a Menlo Park, CA-based clinical stage biopharmaceutical investment firm, promoted Maha Katabi, PhD, CFA to General Partner and Sarah Bhagat, PhD to Partner.
MRI Software, a Solon, OH-based provider of real estate software solutions, acquired Orchard Information Systems, a provider of software solutions for the UK social housing sector.
Global cybersecurity company Palo Alto Networks (NYSE: PANW) is to acquire CloudGenix, Inc., a San Jose, CA-based cloud-delivered SD-WAN provider.
Allset, a Los Angeles, CA-based food pre-ordering service, raised $8.25m in Series B funding.
AristaMD, a San Diego, CA-based digital health company, raised $18m in Series B funding.
Artio Medical, Inc., a Fairway, Kan.-based medical device company developing innovative products for the peripheral vascular and neurovascular markets, closed an additional $8.8m in Series A financing.
Enovix Corporation, a Fremont, Calif.-based 3D Silicon Lithium-ion Battery company, secured $45m in funding.
Slync.io, a San Francisco, CA-based operating system for global logistics, secured an $11m series A funding round.
Anagog, a Tel Aviv, Israel-based provider of on-device artificial intelligence solutions, raised an initial $10M in Series-C funding.
Orion Labs, Inc., a San Francisco, CA-based SaaS communication and automation platform for the deskless and frontline workforce, raised $29m in Series B funding.
Mutable, a NYC-based Public Edge Cloud technology company, raised $1.5m in seed funding.
Vericool, Inc., a Livermore, Calif.-based manufacturer of environmentally-friendly packaging solutions, raised $19.1m in Series A financing.
PatientPay, a Raleigh-Durham, N.C.-based patient payments partner for acute, ambulatory, and specialty care, secured $6.15m in growth financing.