The placenta-based regenerative therapy developer’s investors include Celgene, United Therapeutics, Sorrento Therapeutics, Human Longevity and Genting.
Month: February 2018
OpenText catches Hightail for acquisition deal
OpenText has paid an undisclosed sum for file sharing service provider Hightail, which had raised $83m from investors including Western Digital Capital.
Roche to pay $1.9bn for Flatiron Health
GV and LabCorp will exit the oncology research software provider in an acquisition by Roche, which bought a 12.6% stake in 2016 at a $1.2bn valuation.
Overstock verifies IdentityMind in $10m round
Digital identity network IdentityMind Global has completed an Overstock-backed series C round that will fund sales, marketing and global growth.
Walmart begins talks for Flipkart stake
Walmart could buy more than 40% of the e-commerce company at a higher valuation than the $12.5bn at which SoftBank Vision Fund invested in August.
Payworks pins down series B investment
Visa and Commerzbank both featured in a $14.5m round for Payworks that will help meet demand for its cloud-based payment processing software.
News round up 19 February 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Analysis: Instacart gets $200m delivered in series E round
US-based grocery delivery service Instacart, which has been backed by multiple corporates previously, raised $200m in a series E round.
Randstad finds Gr8 People for $8m round
Randstad Innovation Fund took part in a series B round for the recruitment software producer that was led by Ascent Venture Partners.
NVP initiates $1.5bn fund
The Wells Fargo-backed venture firm has closed its largest ever fund, having secured $1.5bn to invest from seed to late stage.
HighRadius hits next stage with new funding
PNC and Citi Ventures have co-led a round of undisclosed size that came just five months after the accounts receivables software provider raised $50m from SGE.
Phyn taps Uponor for $10m
Uponor raised its stake in intelligent leak detection startup Phyn from 37.5% to 50% through the investment, having provided $15m when it launched.
Skydio records $42m series B
Skydio, the developer of an autonomous flying camera, has disclosed $70m in funding, including a series B round featuring technology partner Nvidia.
Ugras bids goodbye to IBM
George Ugras has departed from IBM Ventures, the corporate venturing unit he headed, with Wendy Lung reportedly steeping up as acting head.