Quartet, the creator of a collaborative healthcare platform, took its total funding to $87m with a series C round featuring existing backer GV.
Month: January 2018
NGCodec cracks $8m in series A round
Xilinx-backed NGCodec is a video compression software developer looking to facilitate cloud-based streaming on virtual reality headsets.
Mogoroom’s funding quest leads to Giant
Giant Network Group and its Giant Investment unit have put up $19m of the $29.3m raised by housing rental platform Mogoroom.
StartUp Health stacks fund with corporate LPs
US-based venture capital firm StartUp Health closed $19.3m in capital on Wendesday for its second fund, securing commitments from insurance group Ping An, healthcare provider GuideWell and medical device producer Masimo. StartUp Health Transformer Fund II is intended to invest in more than 200 health technology developers within the next two years, furthering StartUp’s pursuit… Continue reading StartUp Health stacks fund with corporate LPs
Scholar Rock plays on in $47m series C
Scholar Rock will use the proceeds from the Kraft Group-backed round to advance its lead spinal muscular atrophy drug candidate into clinical development.
Oculis absorbs series B funding
Novartis Venture Fund co-led a $20.3m round for Oculis, which is developing a topical liquid that can be applied to diseases at the back of the eye.
Microsoft advances to Avere acquisition
Western Digital and Google-backed data storage platform Avere Systems has agreed to be acquired by Microsoft, having raised $97m in funding.
SoYoung breathes life into $60m series D
Tencent-backed plastic surgery marketplace SoYoung has obtained $60m in a series D round led by private equity fund Apax Digital.
Didi Chuxing digs out $600m for 99
The on-demand ride provider reportedly now owns a 90% share of its Brazilian counterpart, whose investors also included Qualcomm and SoftBank.
Recruit fuels WizRocket as it secures $6m
Recruit Holdings’ RSP India Fund has invested in mobile and web analytics provider WizRocket, which has reportedly raised $6m.
Spotify confidentially files for direct listing
The music streaming platform, which is backed by several corporates, has reportedly filed to go public in the US and could demand a $19bn valuation.
Aegea greets corporates to raise $40m
Aegea has now raised $96m in overall financing, after securing funds from investors including existing backers Medtronic and BioMed Ventures.
Corporates help fund RNA drug developer Expansion
Novartis Venture Fund and Sanofi Ventures are among the four investors that co-led Expansion Therapeutics’ $55.3m series A round.
Restorbio readies $85m initial public offering
Restorbio, an aging-related disease drug developer co-founded by PureTech Health, also counts Novartis as a shareholder.