The Siemens-backed cancer treatment company, which has raised $195m in funding, will look to raise up to $69m when it floats on Nasdaq.
Month: February 2015
Snapchat talks to investors over $500m round
The cash is set to value the Tencent and Yahoo-backed instant messaging service at between $16bn and $19bn, a source told Bloomberg.
Corporates chase Rainbow Medical
Sony and Abbott-backed incubator Rainbow Medical has attracted the support of China-based corporates ZTE and Ping An, raising $25m.
Merck spin-out Poxel raises $158.8m in IPO
Poxel, which is also backed by Bpifrance, will fund clinical trials for two of its drug candidates with the proceeds.
Indonesia to raise $940m corporate-backed venture fund
Indonesia’s conglomerates are expected to provide the cash for the fund this year, according to information and communcations technology minister Rudiantara.
La Chapelle finds QiGeGe fashionable
Shanghai La Chapelle Fashion will own 54% of the online women’s fashion retailer once a $32m deal is completed.
Google’s venture capital investments reach $7.5bn
US-based internet company Google has generated at least $7.5bn of value through its corporate venturing arm Google Ventures and growth equity fund Google Capital, according to The Street. The report cited a research note by financial services firm SunTrust, which included an estimate that Google possesses $10bn of hidden assets, equating to approximately $14 per… Continue reading Google’s venture capital investments reach $7.5bn
Raksul produces corporates for $33.7m series C
The printing services company secured the funds from backers including Opt, Dentsu, Link and Motivation, Gree and Itochu as it looks to expand internationally.
Baidu searches for HuJiang
China-based online education platform HuJiang has secured $100m from search engine Baidu.
Snapdeal shops around for new investors
The India-based e-commerce company, backed by a range of corporates including Softbank, Ebay and Intel, is set to secure $400m from new investors.
Moda Operandi’s MO is a series E
US-based online luxury retailer Moda Operandi has secured $60m in a series E round featuring Advance Publications, the parent company of mass media company Condé Nast. The round was led by financial services firm Fidelity Investments and also included New Enterprise Associates. Moda Operandi has raised $129.5m to date, including $22m in a series D… Continue reading Moda Operandi’s MO is a series E
News in Shorts reports $4m series A
Times Internet-backed media company News in Shorts, developer of a news digest app, has secured $4m in a round led by Tiger Global.
AlertMe connects to British Gas
Existing investor British Gas has purchased the connected home company for $100m.
Kuaidi Dache and Didi Dache confirm merger plans
Revealed last week to be in discussions for a merger, the two companies have confirmed that they have agreed on the deal.