Pain management drug developer SiteOne Therapeutics has secured Amgen as a research and development partner and lead investor in its series B round.
Month: January 2017
Lenovo cops funding from Kopin
Kopin will invest in a subsidiary of Lenovo Capital and Incubator Group with a view to facilitating augmented reality (AR) headset development.
Resy books Airbnb into $13m round
Airbnb has led the series A round closed by restaurant booking platform and strategic partner Resy, investing alongside participants including First Data.
CompareEuropeGroup selects SBI for $21m series A
SBI Holdings was among the participants in a round for CompareEuropeGroup, which provides automated advice on financial and home services plans.
Moon Express rockets to $20m
The Autodesk-backed series B-1 round will support preparations for a space launch later this year, which could represent the first moon landing by a private company.
D.Light beams in $10.5m
D.Light, which is backed by Mahindra & Mahindra, has received $5m in equity funding from Norfund and $5.5m in grants from Shell Foundation and Beyond the Grid.
CreditEase clears $32m for Israeli tech fund
The online lender’s wealth management subsidiary has reached the first close of its second venture capital fund to be focused on Israel, and is targeting $50m for the final close.
CRM platform Xiaoshouyi raises $40m
Tencent led the customer relation management platform’s series D round, which included existing backers Sequoia Capital, Matrix Partners China and Zhen Fund.
Fino Paytech calculates $22m funding influx
ICICI Prudential Life Insurance and existing shareholder ICICI Lombard have provided $22m to Fino Paytech, which is also backed by Intel and Bharat Petroleum.
Big Deal: Uxin drives away with $500m
The used car e-commerce platform, backed by Baidu, Tencent, Legend Holdings and Bertelsmann, is one of many well-funded players doing battle in China.
Corporates pay $15m to Engage
A total of 10 local corporates have each invested $1.5m in Engage, an accelerator and VC fund managed by Tech Square Ventures and supported by Georgia Institute of Technology.
DCNS spins out renewable energy arm with $107m
Naval defence equipment provider DCNS has formed a marine renewables subsidiary that is also backed by Technip Group, BNP Paribas and Bpifrance.
Mighty AI gets $14m series A1 reaction
Intel Capital led the artificial intelligence technology developer’s latest round, which included GV and Accenture Ventures, and which brought its total funding to more than $27m.
Takeda funds a Maverick in $23m deal
Takeda has taken part in a series B round for therapeutic antibody developer Maverick Therapeutics as part of a collaboration deal sized at up to $125m in total.