The genetics services company, which is backed by Alphabet, Illumina, WuXi PharmaTech and Johnson and Johnson, has now raised more than $490m altogether.
Month: September 2017
The ins and outs of exits
A special report on the venture endgame
Brazil breezing through macro headwinds
Over the past few weeks and months, the country has seen positive headlines for large deals, venture fundraising and corporate innovation initiatives
New economy, new energy, new leadership – Lessons from Tesla’s Elon Musk
Build sports car Use that money to build an affordable car While doing above, also provide zero emission electric power generation options This was the short version of the master plan that Elon Musk posted on Tesla’s website on August 2 2006. The intention of the master plan was to illustrate how seemingly separate and… Continue reading New economy, new energy, new leadership – Lessons from Tesla’s Elon Musk
Have we missed the point after the 500 Startups scandal?
With only 5% of VC money going to women-founded companies and merely 7% of partners at VC funds being women, Melissa Widner, general partner at NAB Ventures, looks at the and how to close the gender gap in VC and tech communities.
In Residence – changing the face of venture capital and tech
If you have visited our firm’s website you probably read the following mission statement: “Cross Culture Ventures invests in entrepreneurs creating next-generation technology and consumer products … we work together to discover, invest in and develop companies that fuel shifts in cultural trends and behaviours within an increasingly diverse global marketplace.” This statement says a… Continue reading In Residence – changing the face of venture capital and tech
Cryptocurrency’s Netscape moment
Just as Netscape’s IPO marked the real kick-off for the internet era, 2017 will be the starting gun for broad involvement of venture, hedge funds, and eventually average consumers in cryptocurrencies and related protocols and assets. The recent run up in cryptocurrency valuations has caused a sudden and profound renewal of interest by entrepreneurs and… Continue reading Cryptocurrency’s Netscape moment
A blockchain overview
Mark Radcliffe and John McKinlay, partners at DLA Piper, discuss the potential of blockchain and distributed ledger technology.
Corporate venture capital deal terms
Neil Foster explores the outcome of the panel he chaired on deal terms and best practice at the Global Corporate Venturing Symposium in May 2017.
SMFG to connect to startups with Hoops Link
Sumitomo Mitsui Financial Group has formed an innovation hub in Tokyo as well as a partnership with Work-Bench and Stanford StartX.
Media sector grows while telecoms decelerates
Sector focus: Media
L Catterton caters to Gentle Monster
Sunglasses brand Gentle Monster has received an amount said to be about $53m from L Catterton Asia, the private equity firm backed by LVMH.
Moderate deal slowdown with record investments
The total number of corporate-backed deals in July and August stood at 360 – 192 of them took place in July and 168 in August, both slightly up from the 185 and 151 funding rounds in the same months last year. Investment values were even larger than last year’s levels. An estimated $9.13bn was invested… Continue reading Moderate deal slowdown with record investments
DNA Script reveals series A story
Merck Group and Illumina were among the investors in a $13.2m round, along with Idinvest Partners, Kurma Partners and existing backer Sofinnova Partners.