Venture capital firm Flagship Ventures signed strategic innovation partnership agreements with pharmaceutical company AstraZeneca, nutritional therapy developer Nestlé Health Science and agribusiness Bayer CropScience on Tuesday to support its VentureLabs incubator. The partnership has been formalised following the three companies’ participation in Flagship’s oversubscribed $537m Flagship Ventures Fund V, which closed in March 2015. Flagship… Continue reading Corporates flock to Flagship incubator
Month: May 2015
Oncology company Adaptimmune secures $191m in IPO
The cancer therapeutics developer, backed by Novo and Immunocore, raised the cash less than a year after closing a nine-figure series A round.
Adaptive Biotechnologies fits profile for $195m
The immunosequencing company boosted its total funding to more than $400m with a round backed by Celgene, Illumina, BD Biosciences and LabCorp.
Zenefits rolls out $500m series C
Although not disclosed by Zenefits, Comcast is likely now an investor in the human resources automation company, which raised its latest round at a $4.5bn valuation.
Western Growers targets $4m for venture fund
The agricultural trade association will look to harness the skills of its member companies for a fund that will support agribusiness startups.
Wonder Workshop builds $6.9m series B
Google-backed Wonder Workshop, which develops programmable robots for children, has now boosted its total funding to almost $16m.
Kibo helps box up $1.5m for iContainers
The freight delivery aggregation service provider previously raised just over $200,000 in 2008.
Axel Springer seeks good deal in $12m Retale round
Location-based retail promotion-seeking platform Retale has raised new funding from existing investors including digital publisher Axel Springer.
NatureBox packages $30m series C
The SoftBank-backed snack delivery service took its total funding to almost $60m in a round led by Rocket Internet-affiliated fund Global Founders Capital.
IdInvest recruits corporates for $157m fund
IdInvest Partners, the France-based private equity firm backed by insurance conglomerate Allianz, closed its IdInvest Digital Fund II at €140m ($157m) today. The fund will target European development-stage digital technology companies operating in the web-based, media, mobile, e-commerce services and software sectors. Allianz’s France-based subsidiary once again contributed to the fund, along with media group… Continue reading IdInvest recruits corporates for $157m fund
Times Internet helps drop off $85m for Delhivery
E-commerce logistics company Delhivery has raised series D funding from investors including existing investor Times Internet.
Profound Medical seeks meaning from public markets
The medical device developer secured funding from backers including Knight Therapeutics as it went public in Canada through a reverse takeover.
Twilio attains unicorn status with series E
The cloud communications platform, the owner of a corporate venturing unit, has secured $100m from undisclosed investors at a $1.1bn valuation.
Tobira goes public through Regado merger
The newly formed pharmaceutical company, backed by investors including Novo, also raised $40m to advance its lead product through clinical trials.