SoftBank led the microbe engineering technology company’s latest round, bringing its overall funding to $174m in less than 18 months.
Month: October 2016
Gegejia imports $15m
Existing backer Ping An participated in a series A+ round that will enable the imported food supplier to expand its product range and supply chain capabilities.
Eve Sleep beds down with $18m
The upscale bedding provider took its total funding to more than $22m with $18.3m in series B funding from investors including Channel 4’s Commercial Growth Fund.
MTN makes $22m Snapp decision
Snapp, a ride ordering service launched by Iran Internet Group, has received $22.3m from telecom firm MTN and will invest in geographic expansion and new services.
MassMutual Ventures helps fuel Building Engines
The property management platform has received $26.5m in a growth equity round backed by insurer Massachusetts Mutual Life Insurance’s corporate venturing arm.
Everspin revolves to $40m initial public offering
Shareholders in the semiconductor memory technology provider include Western Digital and GlobalFoundries, while GigaDevice Semiconductor is investing $5m.
Crispr aims for $80m in IPO
Crispr Therapeutics, a gene editing drug developer backed by Bayer, Vertex, Celgene and GlaxoSmithKline, has set the terms for an offering on Nasdaq.
Bloom Energy to sprout in public markets
E.ON-backed fuel cell system producer Bloom Energy has reportedly filed for an initial public offering, one likely to value it at less than its previous $2.9bn valuation.
Ofo takes $130m series C trip
The bicycle sharing platform raised the funding in a round that included an eight-figure investment by Didi Chuxing and reportedly a contribution from Xiaomi.
Analysis: New GV’s leader’s steady hand
Two months ago, in early August, Bill Maris stepped down after seven years as head of the GV, the Alphabet venture capital subsidiary formerly known as Google Ventures. David Krane took over as managing partner and CEO and has retained consistency with the Maris-era in the half-a-dozen investments made since the transition. This is perhaps… Continue reading Analysis: New GV’s leader’s steady hand
Corporate venturing deal net: 3-7 October 2016
RSI I Fund, a subsidiary of human resources provider Recruit Holdings, has led a $5m series A round for Mystifly, the India-based operator of business-focused airline booking platform MyFareBox, the Economic Times reported on Tuesday. The funding, closed at a $38m valuation, will be invested in sales, marketing and product development as Mystifly, which has… Continue reading Corporate venturing deal net: 3-7 October 2016
EMC and Markel provide financial assurance to GIA
The corporates have joined eight other insurance companies in backing the Iowa-based Global Insurance Accelerator, which is preparing for its third year.
Framestore catches Madefire for $6.5m series B
Madefire, developer of a moving-picture comic book app, plans to move into 3D with help from visual effects producer Framestore, which invested through its Framestore Ventures unit.
Gridco powers up with $12m
Maschinenfabrik Reinhausen joined existing investors in a round that took the grid infrastructure technology provider’s total funding above $54m.