Volocopter has secured $34.8m in a Daimler-backed round as it prepares to demonstrate its vertical take-off passenger drone technology in Dubai.
Month: August 2017
Novartis goes Homology in series B round
Homology Medicines, a startup developing treatments for rare genetic diseases, has closed $83.5m in series B funding, welcoming Novartis as a new investor.
PellePharm piles on $20m
Genetic disease medicine producer BridgeBio Pharma led the carcinoma therapy developer’s latest round, having provided an undisclosed amount in December 2016.
Personal Capital manages another $40m in funding
IGM Financial has returned to lead a $40m extension to the digital asset manager’s series E round that was raised at a higher valuation than the first two tranches.
Dianrong dives into $220m
Singapore’s GIC led the Bohai Leasing-backed online lender’s latest round, which follows a $207m series C co-led by Standard Chartered Bank in 2015.
The Information gives the lowdown on accelerator
The Information, the operator of a subscriber-based online media offering catering to the tech industry, will invest $25,000 in each team that takes part in its accelerator.
Ameren energises accelerator
Ameren Accelerator has chosen the seven energy technology startups startups that will make up its first batch.
China Titans acquires Aquion
The bankrupt saltwater electrolyte battery developer had raised $190m in financing from investors including Shell, Total and Exelon but was bought for less than $9.2m.
ExecOnline mandates $16m series B
Existing investor Kaplan has returned for a NewSpring Growth Capital-led round that increased the leadership course provider’s total funding to more than $23m.
Marqeta makes $25m in series D round
Visa led the payment card issuing platform’s latest round, which included two more corporates: CreditEase and existing investor CommerzVentures.
DataRobot develops series C round to reach $67m
The Intel, Recruit and New York Life-backed machine learning technology developer has added capital to a round that now totals $67.2m according to a securities filing.
Impossible Foods cooks up $75m round
Temasek led the Alphabet-backed vegan food developer’s latest round, which took its funding over the past three years to about $260m.
Raine and Temasek near majority stake in SoundCloud
Twitter-backed music streaming service SoundCloud is reportedly in advanced talks to sell a majority stake to the two to alleviate financial struggles.
Callsign identifies investors for $35m series A
PTB Ventures and Accel have co-led a series A round for Callsign, an authentication platform backed by digital consultancy Reply.