The second, annual GCVI Summit in Sonoma, California, 25-26 January 2017.
Month: June 2016
SHIFT – New York
The new one-day GCV event in New York City on Friday 28 October 2016.
Poly Group discloses $400m ride on Didi Chuxing
The real estate and trading company was among the investors that provided the $4.5bn equity portion of the ride ordering company’s recent $7.3bn round.
OptioPay converts $7.7m into capital
Nord LB and Commerzbank are among the investors in a funding round for payment-to-voucher conversion platform OptioPay.
Annexon generates $44m in series B round
Novartis reinvested in Annexon, which is developing treatments for neurodegenerative diseases, and which has now raised $79m in total.
Resson figures out $11m series B
The round was led by Monsanto’s corporate venturing unit, Monsanto Growth Ventures, and follows a $3m series A two years earlier.
Corporates find Radicle agtech solution
Bayer and DuPont have joined a consortium of investors to co-found a $15m agtech-focused accelerator fund dubbed Radicle, which has closed $6m so far.
Hengrui joint venture invests $100m in US spinout
A joint venture co-founded by China-headquartered Jiangsu Hengrui Medicine has provided $100m to an oncology startup named Hengrui Therapeutics.
Parsable collaborates with corporates for $20m
Saudi Aramco, Airbus and Schlumberger all took part in a round that boosted the GV-backed industrial collaboration technology company’s total funding to about $28m.
Vorwerk makes Juniqe investment in $15.9m round
Direct selling company Vorwerk’s corporate venturing vehicle made its second investment in Juniqe as part of the affordable art platform’s series B round.
Arora departs from SoftBank
Nikesh Arora, who had moved SoftBank’s corporate venturing strategy toward larger and fewer investments, has left his position as president and COO.
Microsoft Ventures invests in Outreach project
Sales communication platform Outreach became the fifth company to receive funding from Microsoft Ventures in the space of a month, raising $17.5m in series B capital.
LightCyber detects Access for $20m round
Access Industries’ Israel-based subsidiary co-led cyberthreat detection software provider LightCyber’s latest round, taking its overall funding to more than $31m.
Novartis spells out series A support for IFM
Novartis has supplied cash to IFM Therapeutics’ $27m series A round to help the biopharmaceutical company’s efforts to develop a cancer treatment.