AAA June 2018 – Page 13

Propeller spins up more funding

US-based digital therapeutics company Propeller Health added an undisclosed amount of funding to its series D round on Monday with a commitment from McKesson Ventures, the corporate venturing arm of healthcare company McKesson. Propeller raised an initial $20m from investors led by drug delivery company Aptar Pharma, with participation from Hikma Ventures, SR One and 3M… Continue reading Propeller spins up more funding

Bayer debates Monsanto Growth Ventures future

Germany-based life sciences company Bayer acquired US-based agrochemical producer Monsanto last week for a total consideration of $63bn and is now debating what to do with the latter’s corporate venture capital unit, according to Agfunder. The success of Monsanto Growth Ventures (MGV) has been lauded by Liam Condon, chief executive of Bayer CropScience, a seed… Continue reading Bayer debates Monsanto Growth Ventures future

Grab captures $1bn from Toyota

Singapore-based ride hailing company Grab has obtained $1bn from carmaker Toyota at a valuation of more than $10bn, TechCrunch reported today. The money came directly from Toyota, rather than through its investment vehicle Next Technology Fund, which took part Grab’s $2.5bn series G round last year. Founded in 2012 as GrabTaxi, Grab started out with… Continue reading Grab captures $1bn from Toyota

Editorial: Japan and the world’s animal spirits start to soar

It feels seismic to see the recent flotation of flea market app operator Mercari and e-commerce company Rakuten’s acquisition of its US-based peer Curbside are for the Japanese innovation capital ecosystem. It also reflects the wider catch-up by M&A and public markets to the burgeoning prices paid in private capital markets, validating those later-stage investors who… Continue reading Editorial: Japan and the world’s animal spirits start to soar