Freight brokerage GlobalTranz will be acquired by private equity firm Jordan Company after raising $50m from two rounds in 2014 and 2011.
Month: June 2018
Verity reaches series A heights
Airbus Ventures and Sony Innovation Fund have taken part in an $18m series A round for Verity Studios, which produces indoor drone technology.
Investors remain loyal to Stocard
Stocard, the developer of a mobile loyalty app backed by Cewe, has secured $20m from investors including Engelhorn.
HJB imparts series B+ knowledge
Taikang Life and Lilly Asia Ventures, which backed the initial $59.7m series B round last year, have also contributed to a $35m series B+ round of Hangzhou Just Biotherapeutics.
Ze Box and PSA Unboxed ship innovation
The corporate venturing arms of CMA CGM and PSA International have joined forces to drive digitisation and innovation in the logistics sector.
Avi networks its way to $60m
US-based automated application services provider Avi Networks raised $60m in an oversubscribed series D round backed by Cisco Investments, the corporate venturing arm of networking equipment manufacturer Cisco. DAG Ventures, Lightspeed Venture Partners and Menlo Ventures also backed the series B round. Avi Networks has developed an automated application services platform, called Avi Vantage Platform,… Continue reading Avi networks its way to $60m
Metacrine breaks down $65m series C
Lilly Asia Ventures and existing investor Alexandria Venture Investments have taken part in a $65m series C round for metabolic disease treatment developer Metacrine.
Qumulo stores $93m in series D
Western Digital has joined a consortium of investors led by BlackRock for a $93m series D round in Qumulo.
Marley Spoon to plate up $53m IPO
The Rocket Internet-backed meal ingredients delivery service is planning to raise $53m in an initial public offering on the Australian Securities Exchange.
Honest Company finds $200m truth
L Catterton, the private equity firm co-founded by luxury goods producer LVMH, committed $200m yesterday to US-based consumer products maker Honest Company. The transaction is expected to close later this month following customary closing conditions. Founded in 2012, Honest Company produces and sells household products that avoid health-compromising chemicals or compounds. The company also puts… Continue reading Honest Company finds $200m truth
Pfizer injects $600m into CVC operation
Pfizer Ventures is set to invest $600m in biotechnology, with neuroscience a key focus, bringing the size of its corporate venturing activities to more than $1bn.
Cyberbit attracts $30m
Claridge Israel has purchased a minority stake in Cyberbit, a hitherto wholly-owned subsidiary of defence contractor Elbit Systems.
PlayVS scores $15m
PlayVS publicly launched out of the startup studio Science this past April.
NextInput measures out $13m
Existing shareholder UMC Capital has returned to back a $13m series B round for NextInput.