US-based pharmaceutical company Seres Therapeutics closed its initial public offering at $153.8m yesterday after the underwriters fully exercised the option to buy additional shares. Seres, which counts food and nutritional product manufacturer Nestlé and healthcare research company Mayo Clinic among its backers, initially raised $134m when it issued 7.4 million shares priced at $18 each… Continue reading Seres closes IPO at almost $154m
Month: July 2015
Corporates drive $250m UCar series A
The chauffeur service, which operates in 60 Chinese cities, has raised $125m from partner CAR and a further $125m from Legend Holdings and Warburg Pincus.
William Hill to gamble on WHLabs accelerator
The bookmaker has formed a London and Israel-based accelerator that will invest $39,000 in each of its startups.
Teva implants $35m in Microchips Biotech
The cash is being provided in the form of equity and an access fee as the two companies form a partnership agreement to improve drug delivery systems.
Movile entertains Playkids with $15m
Brazil-based app developer Playkids has secured $15m from parent company, mobile commerce platform Movile, TechCrunch has reported. Movile supplied the cash from a $40m series E round provided by media and e-commerce company Naspers in April this year. It previously allocated $10m of the $55m raised in its August 2014 series D round to fund… Continue reading Movile entertains Playkids with $15m
Adaptive Insights gains $75m
Norwest Venture Partners has contributed to a series G round for the software-as-a-service company, which is also backed by Salesforce.
Quikr enters talks to give Housing.com new home
The SoftBank and Qualcomm-backed real estate listings platform was valued at $270m as of December 2014, but its investors are seeking a sale.
Global Fashion Group stays trendy with $167m
Rocket Internet and Kinnevik both returned to invest in the e-commerce holding company, which has announced two acquisitions in Brazil.
Advance Publications affiliate targets $400m for fund
Venture capital firm Advance Vixeid Partners, which counts the media company as its largest investor, has already led native advertising company Nativo’s $20m series B round.
Allscripts issues $200m cheque to NantHealth
Allscripts purchased a 10% stake in the cloud-based healthcare IT company, following on from a strategic partnership formed by the two in March this year.
Cisco to pay $635m to secure OpenDNS
The cybersecurity company, which had raised $51m from backers including Cisco, will be integrated into the corporate’s Security Business Group.