The healthcare concierge service has added $70m to the $22.5m it raised from corporates McKesson and Independence Health last year.
Month: August 2016
CVRx spells out $113m in financing
Johnson & Johnson led the $93m, two-tranche equity portion, which also included GlaxoSmithKline fund Action Potential Venture Capital.
Bill Maris leaves GV as Krane takes over
Bill Maris is stepping down after seven years as head of the Alphabet subsidiary, with David Krane taking over as managing partner and CEO.
Celgene turns down Acetylon acquisition option
The pharmaceutical company paid $100m in 2013 for the option to buy Acetylon, in which it had invested $15m, but has let the option expire according to a regulatory filing.
Abeja finds space to expand series B to $7m
The visual retail analytics company, backed by NTT Docomo and Sakura Internet, has boosted its latest round with $2m from Inspire PNB Partners.
Vidra resurfaces at TrialReach
Eze Vidra, who helped GV set up its aborted European branch, has taken the chief innovation officer role at clinical trial connection platform TrialReach.
Farmer’s Business Network brings in $20m
Farmer’s Business Network (FBN), the US-based creator of an online network for farmers, secured $20m in funding yesterday from backers including GV, the corporate venturing arm of internet technology conglomerate Alphabet. The round was led by venture capital fund Acre Venture Partners and included VC firms Kleiner Perkins Caufield & Byers (KPCB) and DBL Partners.… Continue reading Farmer’s Business Network brings in $20m
Iconic completes $48.5m series C
Lundbeck-backed Iconic Therapeutics, which aims to apply tissue factor biology to retinal disease and cancer treatments, has now raised $80m altogether.
Nokia helps serve up $275m for Deliveroo
The food delivery platform has now raised $475m altogether, securing cash in a series E round that included a strategic investment by Nokia.
Intel finds Nervana in $408m deal
CME Group exited deep learning technology startup Nervana Systems, which had disclosed about $25m in VC funding, through the acquisition.
Disney wins 33% of BamTech with $1bn investment
Major League Baseball a spun out its BamTech video streaming unit with $1bn off funding from Disney, while National Hockey League has also picked up a stake.
MapR points to IPO as it raises $50m
Google Capital and Qualcomm Ventures reinvested in data platform provider MapR, bringing its overall equity funding to $194m as it prepares for an initial public offering.
Kubo Financiero cashes $7.5m
Mexico-based peer-to-peer lending platform Kubo Financiero has closed a $7.5m series A round backed by Wayra, the early-stage investment subsidiary of telecommunications company Telefónica, Expansion has reported. Private equity firm Bamboo Finance led the round, which included foreign exchange services provider Monex, Endeavor Catalyst, Tanant Capital, Alta Ventures’ Mexico Fund I fund, Capital Invent and… Continue reading Kubo Financiero cashes $7.5m
Telstra and Telekom Indonesia form investment pact
The telecom companies’ corporate venturing units, Telstra Ventures and Metra Digital Investama, have agreed to collaborate on Southeast Asian startup funding.