US-based small-molecule therapy developer Rodeo Therapeutics Corporation raised $5.9m in series A financing today from investors including pharmaceutical firms AbbVie, Eli Lilly, Johnson & Johnson and WuXi AppTec. The round also featured Alexandria Venture Investments, the venture capital vehicle for real estate investment trust Alexandria Real Estate Equities, investment manager Accelerator Corporation, Arch Venture Partners,… Continue reading Rodeo ropes in corporates for series A
Month: July 2017
Source3 becomes property of Facebook
Facebook has paid an undisclosed amount to buy Source3, an intellectual property management startup that had raised $4m from investors including Autodesk.
Goldman Sachs provides $35m to Beqom
The Swisscom-backed cloud-based compensation software provider has received $35m in funding from Goldman Sachs Private Capital Investing.
Pfizer helps expand Effector with series C funding
Pfizer Venture Investments led the small-molecule cancer drug developer’s $38.6m series C round, which included Novartis, GlaxoSmithkline, AbbVie and Astellas.
Momenta moves to $46m series B
Nio Capital co-led the round, which also featured Daimler, and which will be used to enhance and commercialise Momenta’s autonomous car technology.
Tokopedia tools up for $500m round
Alibaba is in talks to lead the Indonesia-based e-commerce company’s next round, which would include existing investors SoftBank and Sequoia Capital.
SoftBank mulls multi-billion dollar Uber bet
SoftBank is reportedly seeking to make a large investment in the ride hailing platform which would comprise the purchase of primary and secondary shares.
Tiller and Transgourmet dish up incubator
Point-of-sale software developer Tiller Systems and wholesale food supplier Transgourmet have partnered to launch an incubator aimed at the restaurant sector, Les Echos has reported. The three-month scheme is dubbed La Frégate (translated as ‘the frigate’) and has attracted an undisclosed amount of capital from food products supplier Unilever Food Solutions and commercial cooking appliances… Continue reading Tiller and Transgourmet dish up incubator
Ola and Microsoft discuss funding pickup
Microsoft may invest $50m to $100m in Ola as part of a strategic agreement that will involve the ride hailing service switching to its cloud platform, Azure.
NAB enters the VC world
National Australia Bank has followed fellow Australian financial services firms AMP and Westpac into corporate venturing by setting up a $36.5m unit called NAB Ventures.
Zaffre reaches Arcadia in $13m round
Blue Cross Blue Shield of Massachusetts’ Zaffre Investments fund has joined the investors in electronic health record analytics platform Arcadia Healthcare Solutions.
Change.org successfully vies for Versa
Change.org has paid an undisclosed sum to acquire Versa, a media commentary platform that had raised $2m from backers including Qualcomm Ventures.
Loggi logs new funding
Qualcomm Ventures, which invested in the urban delivery service last year, has come back for a $14.3m round alongside Dragoneer Investment Group and Monashees Capital.
Allegro spies new funding
Vitreoretinal disease therapy developer Allegro Ophthalmics has raised $10.7m in funding, 18 months after receiving $20m from Hanmi Pharmaceutical.