Presidio Medical Raised $72M Equity Fundraising Led by Deerfield

Presidio Medical, a global clinical-stage medical device company, has announced the successful closure of a $72 million Series C funding round. The funding round was led by Deerfield Management and included participation from existing investors Invus Opportunities and Action Potential Venture Capital, as well as new investor ShangBay Capital. The funds raised will be used … Read more

TikTok Expands Focus on Southeast Asia to Drive Growth Amid Regulatory Challenges

TikTok’s parent company, ByteDance, is turning its attention to Southeast Asia as it seeks to drive growth and justify its $300 billion valuation. With an expected IPO in the next two years, ByteDance aims to tap into the large Indonesian market and expand its presence in the region. TikTok Shop, the app’s in-house marketplace, is … Read more

Vanta Raised $203M from Craft Ventures

Christina Cacioppo, CEO and co-founder of Vanta, built the security and compliance automation company into a $1.6 billion unicorn by taking a scrappy and customer-focused approach. When Vanta was in its early stages, Cacioppo personally sent automated emails each morning to customers to gather feedback before automating the process with code. This hands-on approach helped … Read more

HSBC Drives $125 Million for Design Group Refinancing Deal

HSBC Group has led a $125 million refinancing deal for IG Design Group plc (Design Group), a prominent designer, innovator, and manufacturer of gift packaging, celebrations, craft and creative play, stationery, gifting, and related products. The transaction was spearheaded by HSBC USA, structured by HSBC USA’s Asset Based Lending team, and supported by HSBC UK, … Read more

DUOS Raises $10M in Additional Capital from Strategic & Impact Investors

DUOS, a digital health company dedicated to empowering older adults to live independently, has raised an additional $10 million in funding. The funding round was led by Primetime Partners, SJF Ventures, and CEOC’s Aging Innovation Fund managed by Castellan Group. This investment follows DUOS’ $15 million Series A round in April 2022 and brings the … Read more