Alexandria Venture Investments was among the investors in a series C round for Codiak Biosciences, based on research at Gothenburg and Texas universities.
Month: November 2017
GE raises Drawbridge Health
General Electric has launched Drawbridge Health, a healthtech developer that will develop a device to draw, collect and stabilise blood samples.
NanoCellect chooses series B investors
The round, backed by Illumina Ventures, brought in $10m in funding though some of that amount was in the form of convertible notes.
Yaskawa transfer $15m to Transphorm
Yaskawa Electric has injected $15m into Transphorm, a semiconductor technology producer already backed by Nihon and Alphabet.
Prognos diagnoses $20.5m series C
Cigna, Guardian Life Insurance, Hikma and Merck are part of a consortium that has provided $20.5m in series C funding to healthcare-focused AI software developer Prognos.
ElectroCore drills into $70m series B
Merck returned for the series B round, which was previously revealed through a regulatory filing made in September 2017.
Semma generates $114m series B
Medtronic, Novartis and SinoPharm are among the investors in a series B round for Semma Therapeutics, which is working on a treatment for patients suffering from diabetes.
WeDoctor prepares $500m injection
Tencent-backed online healthcare services provider WeDoctor is aiming to secure $500m in a funding round before an initial public offering next year.
SoftBank targets Flipkart shares
SoftBank is aiming to acquire shares from existing investors in Flipkart, valuing the business at $9bn to $10bn for the deal.
Puridify clears GE Healthcare acquisition
Puridify, a UK-based developer of a nanofiber-based platform purification technology for the biopharmaceutical industry backed by pharmaceutical firm GlaxoSmithKline, was acquired by healthcare company GE Healthcare yesterday. Financial terms of the transaction have not been disclosed. Puridify has developed technology, dubbed FibroSelect, that improves the efficiency of purification in biopharmaceutical production. The technology is based… Continue reading Puridify clears GE Healthcare acquisition
Fineway makes its way to $8.3m series A
Germany-based travel technology developer Fineway has raised €7m (8.3m) in a series A round that featured media groups Axel Springer and MairDumont, the latter investing through corporate venturing arm MairDumont Ventures. Bayern Kapital, the investment firm owned by the state of Bavaria, contributed to the deal through its Wachstumsfonds Bayern fund, while assorted, unnamed family… Continue reading Fineway makes its way to $8.3m series A
Genesis Innovation Group launches $10m fund
The Cultivate(MD) Capital Fund will start investing in medical device and orthopaedic technology companies in early 2018.
1QBit computes $35m series B
Fujitsu has led a series B round for the quantum software developer, investing alongside Accenture, Allianz, CME and Royal Bank of Scotland.
Alo7 greets Legend in series D
Legend Capital has led a $37.5m funding round for Alo7 and was joined by existing investors Qualcomm and New Oriental.