Novartis and Sanofi-Genzyme have co-led a first funding round for NeuroVia, which will use the cash to advance development of a drug for a rare genetic neurological disease.
Month: July 2017
Dynamic Yield brings in extra series C funding
The personalised marketing technology producer has increased its series C to $31m, with Deutsche Telekom joining a round that already included Baidu.
Boston Medical helps pour series B funds into Amphora
Medical device developer Amphora Medical has closed a $35.5m series B round co-led by Boston Scientific that will fund a pivotal study for its OAB treatment.
News round up 24 July 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Editorial: Softbank and how to ‘rule the entire world’
“Those who rule chips will rule the entire world. Those who rule data will rule the entire world.” Masayoshi Son, chief executive of SoftBank Group, made the quote at its Softbank World conference in Tokyo, Japan*, this week as part of a near-three-hour tour de force presentation on the investment strategy of the world’s largest… Continue reading Editorial: Softbank and how to ‘rule the entire world’
Flybits pieces together $6.5m
Existing investor Robert Bosch Venture Capital came back for an Information Venture Partners-led series B round that took Flybit’s overall funding to $14m.
Syte.ai finds Naver in $8m round
Naver joined subsidiaries NHN Investment Corp and Line for a series A round announced at the same time as the launch of Syte.ai’s clothing search platform.
Trevi tracks down Lundbeckfonden Ventures to secure $50m
Lundbeck’s corporate venturing unit contributed to a series C round led by New Enterprise Associates which will advance Trevi Therapeutics’ lead pruritus treatment.
Molekule structures Foxconn-backed series A
Foxconn was among the investors in a $10.1m round that will support hiring, product development and production expansion, as Molekule releases its air purifier to the public.
Kahoot kicks up series A to $20m
Microsoft Ventures, which participated in the round’s $10m first tranche in September, has returned to contribute to a $10m extension.
Workato integrates corporates into $10m round
Salesforce Ventures and Workday Ventures both took part in a series A round that was disclosed alongside the launch of the app integration software developer’s latest product.
Shift moves BMW into shareholder position to raise $38m
Used vehicle e-commerce platform Shift has now raised more than $110m altogether and added BMW i Ventures to its investor base.
GE Ventures provides meat for Gravie
GE Ventures has led a $14.1m series C round for online health insurance marketplace Gravie, a year after the company received $1m from insurer Securian.
Symbow shows investors the way to series A
Shandong Buchang Pharmaceuticals has taken part in a $17.7m round for Symbow Medical, which is working on a surgical navigation device.