Intellizence monitors the latest Startup Fundraising, Venture Capital (VC), Private Equity (PE) deals from multiple news, press releases, and regulatory filings. Following is the highlight of a few interesting deals of the day.
Medtronic Announces a $337 Million Product Investment from Blackstone Life Sciences to Expand Development of Future Diabetes Technologies
The funding is aimed at advancing new, innovative products especially designed to reduce the burden of diabetes management. Medtronic’s diabetes device portfolio is designed to improve patient outcomes and provide greater lifestyle flexibility to Type 1 diabetes patients.
Kahoot raises $28M for its user-generated educational gaming platform, now valued at $1.4B
Norwegian educational gaming company Kahoot — the popular platform with 1.3 billion active users and over 100 million games (most created by users themselves) — has raised a new round of funding of $28 million to keep up with demand.
European quantum computing startup takes its funding to €32M with fresh raise
IQM Finland Oy (IQM), a European startup which makes hardware for quantum computers, has raised a €15M equity investment round from the EIC Accelerator program. It plans to commercialize its technology through the collaborative design of quantum-computing hardware and applications.