Hearst has put $75m into M2Gen, a genetic database subsidiary of Moffitt Cancer Center, with a view to accelerating the development of cancer treatments.
Month: September 2017
SpringWorks moves to $103m series A
SpringWorks Therapeutics, a US-based drug developer focused on currently incurable diseases, launched yesterday with $103m in series A funding from a consortium that featured pharmaceutical firm Pfizer. The round also included medical research charity LifeArc as well as investment firm Orbimed and private equity firm Bain Capital, which took part through its Life Sciences fund… Continue reading SpringWorks moves to $103m series A
Symphony builds to $100m round
The secure messaging platform, which counts Google and a range of banks as backers, is in talks with new investors to raise a nine-figure sum.
iQiyi quickens pace to public markets
The online video streaming platform, in which Baidu holds a majority stake, is mulling an early 2018 flotation in the US that could value it at up to $10bn.
Shell unsheathes Singapore accelerator
IdeaRefinery will not invest directly in the startups but will provide support, office space and executive mentorship.
Fotor captures $7.6m in series B round
GF Securities has added $7.6m to the $3m in series A funding that photo editing platform Fotor raised from Lenovo five years ago.
XW Laboratories finds series B result
The neurological disorder drug developer has secured $20m in a series B round backed by existing investors Johnson and Johnson and WuXi AppTec.
Pymetrics piles on $8m
The recruitment platform increased its total funding to more than $16m in a round that included Randstad Innovation Fund, BBG Ventures and Workday Ventures.
Ambyint extracts series A funding
GE Ventures and Statoil Technology Invest both participated in an inaugural funding round for Ambyint, which uses AI to improve production at oil and gas wells.
Corporate Venture Houston 2017
On November 1 2017, Global Corporate Venturing convenes its first conference in Houston, Texas.
Bellen builds $38m series B
Legend Capital co-led the pharmaceutical and chemical research service provider’s series B round, which also featured Dianjing Shijie.
Lagou logs $119m in funding from 51job
Human resources firm 51job will acquire a 60% stake in tech-focused online hiring platform Lagou, which had previously raised about $65m in funding.
QianBaoCard labels $152m series B
QianBaoCard, an affiliate of Guangdong Homa Appliances subsidiary QianBao, sells point-of-sale terminals to merchants in more than 200 cities across China.
Deliveroo tucks into $384m
Fidelity and T Rowe Price have agreed to contribute to a $384m round that will value Nokia-backed food delivery platform Deliveroo at $2bn.