Pivotal BioVenture Partners China and Nan Fung Life Sciences itself have taken part in a $16.5m seed round in Oncologie as the startup launched operations in Shanghai and Boston.
Month: June 2018
Aye Finance says yes to series C
CapitalG, the growth-stage investment arm of diversified conglomerate Alphabet, led a $21.5m series C round for India-based loan provider Aye Finance, according to LiveMint. SAIF Partners and LGT Venture Philanthropy also contributed to the series C round. Founded in 2014, Aye Finance provides mortgage, hypothecation, and term loans to micro, small and medium-sized enterprises across… Continue reading Aye Finance says yes to series C
Starship lands $42.2m in seed funding
Starship Technologies has raised an additional $25m in seed funding after Daimler led an initial $17.2m investment in January 2017.
Scor Global Life enters CVC space
Scor Life and Health Ventures will invest in the life insurance sector and has made its first deal by committing capital to health and wellness company iBeat.
Luge races towards $58m fund
Sun Life Financial and La Capitale are among the limited partners in Luge Capital, a venture capital fund focused on the fintech sector.
Visa pays $100m into fund
The payment processing firm has launched a $100m investment fund to invest in European fintech startups and created a fast-track onboarding program.
Precision BioSciences details $110m series B
Duke spinout Precision BioSciences, whose investors include Amgen and Baxter, has raised an initial $88m in series B funding out of a $110m target.
MeiraGTx goes public for $75m
Kadmon-backed gene therapy developer MeiraGTx has gone public on Nasdaq after raising $75m in proceeds in its initial public offering.
Tiantianpaiche raises $100m
Used car auction platform Tiantianpaiche raised substantial nine-figure funding from automotive platform Autohome
Forty Seven adds up to IPO
Forty Seven, a GV-backed immuno-oncology spinout from Stanford University, has filed for a $115m initial public offering on Nasdaq just eight months after closing a $75m series B.
Byton drives $500m series B
Investors in the series B round included FAW, Contemporary Amperex Technology and TUS Holdings.
Mercari markets $1.2bn IPO
United, Mitsui, Itochu and GMO-backed e-commerce platform Mercari has priced its initial public offering at the top of its range and will raise up to $1.19bn in Tokyo this month.
Skoda drives into Workday Ventures
Brittany Skoda has become vice-president of investments at Workday Ventures, the strategic investment arm of human resources and finance management software provider Workday. Skoda started the role in May 2018, according to her LinkedIn page. She will be expected to lead Workday’s investments and help drive growth for the corporate’s portfolio companies. Skoda had worked… Continue reading Skoda drives into Workday Ventures
Big Deal: Ant’s crawl to $14bn round signals bipolar world
There is an unbelievable-if-it-wasn’t-true chart in Mary Meeker’s annual internet trends presentation showing China mobile payments volume growing 209% year-on-year to almost $16 trillion by the end of last year. The near-doubling in growth rates – not volume – has seen two clear winners in the world’s most advanced and largest mobile fintech market: Tencent’s… Continue reading Big Deal: Ant’s crawl to $14bn round signals bipolar world