Citic Guoan, NetEase, SoftBank, Founder Group, Time Warner, Comcast, Madison Square Garden and Dick Clark Productions all took part, investing at an $800m valuation.
Month: August 2016
Investors nourish Fruitday with $15m
JD.com was among the existing investors in the round, which was led by Zhangjiang Hi-Tech Park, the technology park where Fruitday is headquartered.
Shamsiev conducts departure from Tokyo Electron
Vosik Shamsiev, a venture partner at Japan-based corporate venturing unit TEL Venture Capital since 2014, is leaving to pursue opportunities in Canada.
Cleave Biosciences cuts to series B with $37m
The round, backed by Astellas and Celgene, will support development of Cleave’s lead oncology drug candidate, and takes its total funding to $91m.
Shandiangou bags $40m in Alibaba-led round
Alibaba led the online grocery delivery company’s series C round as part of a strategic partnership agreement.
Ajisen Ramen helps feed $45m to Yunnex
Fast food chain Ajisen Ramen has committed $17m to a series B round for advanced point-of-sales system producer Yunnex.
Goldman Sachs transmits $50m to Kaltura
Online video technology provider Kaltura is also backed by Mitsui, Intel and Nokia as investors, and has disclosed $145m in funding since it was founded in 2006.
Bosa Properties to help develop Pi Labs companies
The property developer’s corporate venturing unit will double the initial funding available for each participant in Property Innovation Labs’ accelerator.
SoftBank Innovation Program returns for seconds
The telecom and internet group has opened the second round of its joint prototyping and development scheme, SoftBank Innovation Program.
Torax strengthens with $25m
Johnson & Johnson led the series E round, which included Kaiser Permanente and Mayo Clinic, taking the medical device maker’s total funding past the $100m mark.
GrubMarket lures Fosun for $20m series B
Fosun made its second investment in the fresh produce e-commerce platform, which has now raised more than $32m inside two years.
Axial capitalises on Comcast backing to raise $14m
Online capital market operator Axial took its overall funding to $33.5m since 2010 as Comcast Ventures made its second investment in the company.
Infosys lines up $15m Stellaris commitment
The $500m Innovation Fund formed by Infosys will make its second investment in a venture capital fund, providing up to $15m for India-based Stellaris Venture Partners.
Assurex explores Myriad possibilities in $410m acquisition
Molecular diagnostics equipment provider Myriad Genetics has agreed to acquire US-based precision medicine developer Assurex Health in a deal that will enable Mayo Clinic and Cincinnati Children’s Hospital Medical Center to exit. Myriad will pay $225m upfront and could provide up to $185m in performance-based milestones. Assurex’s lead product, GeneSight Psychotropic, evaluates 12 genes that… Continue reading Assurex explores Myriad possibilities in $410m acquisition