Carroll has been promoted from his position as vice president at Lilly Ventures to senior vice president.
Month: January 2015
AveXis shows spine for $10m series C
Roche co-led a round for AveXis that will help fund development of its spinal muscular atrophy treatment.
Novo returns for Orphazyme series B
Orphazyme has secured $24m in a Novo-backed round that will fund a clinical trial for its lead drug candidate, a treatment for a rare cholesterol-caused disease.
Welltok manages its health with $37m
New investors including Hearst Health Ventures and Catholic Health Initiatives have joined the company’s series D round, taking its overall funding to almost $83m.
Alibaba set to invest $575m in One97
One97 Communications, the SAP and Intel-backed owner of online payment service Paytm, will receive the money along with $60m from SAIF Partners.
Invitae to test public markets
The Genomic Health-backed genetic testing company intends to raise $86m from an initial public offering on the New York Stock Exchange.
Box targets $162.5m as it sets IPO range
US-based online storage technology company Box set the range for its initial public offering on Friday between $11 and $13, and plans to issue 12.5 million shares. The IPO would value Box at $1.55bn and would raise $162.5m if the company floated at the top of its range. If the underwriters take up the option… Continue reading Box targets $162.5m as it sets IPO range
Big Deal: Surface reflects oncology boom
Cancer immunotherapy company Surface Oncology’s $35m Eli Lilly, Amgen and Novartis-backed series A round demonstrates the recent success of oncology companies in the venture capital market.
Weekly corporate venturing deal net: 5-9 January 2015
Credit Saison, the payment services subsidiary of Mizuho Financial Group, has invested an undisclosed multimillion dollar amount in US-based digital payment technology developer Coin, Nikkei has reported. Coin, which is working on a single credit card that can access several accounts, previously raised $15.5m from Redpoint Ventures, Spark, K9 Ventures, SoftTech VC, and Y Combinator… Continue reading Weekly corporate venturing deal net: 5-9 January 2015
Par8o stays healthy with $10.5m
Healthcare provider Allscripts participated in Par8o’s series A round together with Indiana University Health, Atlas Venture and Founder Collective.
Google moves in with CommonFloor
India-based online real estate platform CommonFloor.com has secured $15m in series F funding from Google Capital, the growth equity unit of internet company Google, Times of India reported yesterday. CommonFloor raised a total of $47.9m from its previous three rounds, which were funded by Accel India and Tiger Global Management. The firms also invested undisclosed… Continue reading Google moves in with CommonFloor
Nerveda helps make RetroSense series A
Retrosense Therapeutics, which is working on a treatment for vision loss, has raised $6m from investors including medical diagnostics company Nerveda.
Disney draws up acquisition plans
US-based entertainment conglomerate Walt Disney Company is considering further digital media acquisitions, chief financial officer Jay Rasulo revealed during a keynote speech at the Consumer Electronics Show, TechCrunch reported yesterday. Disney acquired Maker Studios, a multichannel network on YouTube, for an initial $500m in March 2014. The deal could rise to $950m if Maker can… Continue reading Disney draws up acquisition plans
Apervita analyses $18m series A
Health analytics marketplace Apervita, formerly known as Pervasive Health, secured the money from investors including General Electric.