Citi and Hewlett-Packard both contributed to a round that took DevOps software provider Chef’s overall funding past the $100m mark.
Month: September 2015
Proteostasis gets moving with $37m
US-based drug developer Proteostasis Therapeutics raised a $37m series B round on Tuesday featuring pharmaceutical firms Sanofi and Novartis, as well as Elan Science One, a subsidiary of healthcare company Perrigo. The round, secured in the form of mezzanine capital, was led by Cormorant Asset Management. Fidelity Biosciences, a venture capital arm of financial services… Continue reading Proteostasis gets moving with $37m
Alibaba teams with Sina for sports group
E-commerce company Aliababa will work with the media company and private equity firm Yunfeng on the joint venture, which will focus on sports technologies.
Baifendian calibrates $63m series D
IDG-backed big data technology company Baifendian has raised series D funding as it gears up for an initial public offering.
Dell Ventures to China through $125bn investment plan
Dell will invest $125bn in China over a five-year period in which its corporate venturing unit will begin investing in the country.
Selecta chooses Sanofi for $38m series E
Sanofi’s corporate venturing unit was among the new investors in a round that will support the advancement of Selecta’s gout treatment through Phase 1 trials.
HP secures Adallom exit in $250m deal
Hewlett-Packard has exited the cybersecurity company less than five months after taking part in its series C round, in a deal originally reported to be worth $320m.
Intel on course to make $600m of investments this year
The chip maker’s investment arm, Intel Capital, has already provided $465m of funding in 2015 and could break its 2011 total of $526m.
Beenos backs $60m Beenext fund
E-commerce company Beenos has contributed $5m to a new $60m fund, dubbed Beenext, that will invest in startups across Japan, India, Southeast Asia and the US.
Riney leaves DeNA to crack Japan for 500 Startups
James Riney, formerly principal at mobile internet company DeNA’s corporate venturing unit, will head up a $30m Japanese fund for 500 Startups.
TVSmiles beams in $5.6m
SevenOne Media and Otto Group-backed venture firm E.Ventures both took part in a series B round for TVSmiles, which rewards users for watching advertisements.
AveXis muscles its way to $65m
Roche. which led AveXis’ series C round, returned to participate in a series D that will support a clinical trial for its spinal muscular atrophy treatment.
Rocket Internet to launch four startups in Asia per year
Apacig, a joint venture between Rocket Internet and Ooreedo will begin by bringing Vaniday, a marketplace for wellness professionals, to the continent.
NeoBear embraces Qualcomm for $19m series A
The educational toy maker, which aims to teach children words and languages, will spend the funding on marketing, technology development and content creation.