Johnson & Johnson has opened its fifth JLabs incubator in the US at the Texas Medical Centre, launching with an initial 21 startups.
Month: March 2016
Investors free up $25m for Unchained Labs
The biopharma tools developer secured $25m in a Novo-led series A round in February last year.
Logistics service 8dol receives series B+ funding package
Jiangsu Longliqi led a $30.7m round as part of a strategic partnership with the consumer goods delivery service, which is already backed by Fosun and Bosideng.
Syndax synchronises with public markets
The cancer treatment developer raised $52.8m, floating beneath its $14 to $16 range, as existing backer Fidelity invested $8m.
Fidelity sends $175m message to Snapchat
Snapchat, backed by Tencent, Alibaba and Yahoo, boosted its series F round to more than $710m and its overall funding to more than $1.3bn.
Kensington pushes fund to $228m close
Kensington Capital Partners has achieved a $228m final close for its fund of funds backed by investors including Torstar and OpenText.
GoTenna picks up $7.5m
The mobile communication device maker has raised funding in a series A round featuring Bloomberg Beta and the Verizon-run BBG Ventures.
Rocket Internet-backed Tripda hits the brakes
The Brazil-based carpooling service Tripda will cease operations tomorrow after it reportedly failed to secure series B capital.
Corporates chip in $10m for Inpria
Air Liquide, Samsung, Intel and Tokyo Ohka Kogyo have provided $10m for semiconductor photoresist maker Inpria, effectively doubling its total funding.
Johnson & Johnson sweetens WellDoc series B
Digital diabetes treatment developer WellDoc has added Johnson & Johnson to a Samsung and Merck & Co-backed series B round now sized at $29.5m.
Influitive spreads word to grow series B
The advocate marketing company has boosted an NTT Docomo-backed series B round to $38.7m, securing an extra $8.2m from investors.
Google reports $29m in funding
Google has revealed it has committed the first part of its $168m DNI Innovation Fund to a total of 128 organisations across 23 European countries.
Haizhi Wangju analyses corporates for $30m
Legend Holdings, Wind Info and IDG Capital Partners have backed a $30m round for Haizhi Wangju that valued the big data company at $250m.
Slack goes in search of $150m
The messaging app company has raised $340m from backers including Alphabet and is seeking a valuation higher than the $2.8bn at which it last secured funding.