Boehringer Ingelheim Venture Fund has co-led a $21.8m round for ImCheck Therapeutics, which announced its new CEO in conjunction with the funding.
Month: May 2017
Wuxi NextCode unlocks $75m series B
Amgen Ventures has come on board as an investor in genomics services platform Wuxi NextCode, in a round co-led by Temasek and Yunfeng Capital.
Whirlpool swallows up recipe platform Yummly
Intel, Unilever and Bauer Media will exit online recipe recommendation platform Yummly, which was valued at $100m as of 2015, in an acquisition by appliance maker Whirlpool.
Airwallex receives $13m in series A transfer
Australia-based automated payment technology startup Airwallex has received $13m in a series A round backed by internet group Tencent and payment services firm Mastercard. Venture capital firm Sequoia Capital China also participated in the round, which followed $3m in a June 2016 pre-series A round led by Gobi Partners that included fellow China-based VC firm… Continue reading Airwallex receives $13m in series A transfer
Renovo requisitions $10m
Verizon Ventures joined True Ventures to invest $10m in autonomous vehicle software developer Renovo Auto, taking its total funding to $14.5m.
Yik Yak’s founders give up the ghost
The Renren-backed social media platform has formally announced it will shut down this week, with Square paying about $1m for some of its engineers and IP.
Sosei Group sends $45m Mina’s way
Sosei will pay $45m for a 25% stake in RNA therapy developer Mina Therapeutics and could buy the company outright for about $180m more.
Orbital Insight spies corporates for $50m
Itochu and existing backers Alphabet and CME Group were among the investors in a Sequoia Capital-led series C round for the satellite imagery analysis provider.
Magenta gets a $50m capital transplant
Stem cell transplantation technology developer Magenta Therapeutics has closed a $50m series B round led by GV that included Access Industries and Partners Healthcare.
Corporates elevate Elaia Delta Fund to $125m
France-based venture firm Elaia Partners has reached the first close of its fourth fund, with EDF, Nexity, ADP and Mgen all contributing capital.
Nvidia reveals CVC investments
The company has revealed several additions to its GPU Ventures portfolio, including Abeja, Datalogue, TempoQuest and Zebra Medical.
Hootsuite to integrate startups in $5m fund
The social media management platform has created a $5m vehicle dubbed Hootsuite Integration Fund to support developers building apps on its platform.
Weiyang farms $23m series A
Corporates Meituan-Dianping and JD.com have joined Sinovation Ventures to co-lead a series A round for high-grade pig farming business Weiyang.
Krungsri finances $30m fund
Financial institution Krungsri has set up a corporate venturing subsidiary called Krungsri Finnovate to back fintech startups that can be integrated with its products.