Nordisk Film has wholly acquired Avalanche Studios for a total of $138m, having initially purchased a minority stake last year.
Month: June 2018
Cortexyme processes $76m series B
Pfizer and Takeda, which previously backed a $15m series A, have returned to back a $76m series B round for Cortexyme.
Cytrellis rests easy with series B funding
Cytrellis has raised $28.5m from investors including pharmaceutical developer Merz as it continues clinical trials on its handheld dermatological device for aging skin.
Koch has confidence in Trust fund
Trust Ventures has secured $35m for its inaugural fund from investors including Koch Disruptive Technologies to invest in sectors where public policy is proving a hurdle to startups.
Marqeta markets $45m series D extension
Visa, CreditEase and Commerzbank-backed Marqeta has added $45m to its coffers, securing funding from investors including Goldman Sachs.
BlueVine grows with $60m series E
BlueVine, backed by Rakuten and Citi, will use the money to expand its product offering and accelerate recruitment of its research and development team.
MyRepublic restates series C intention
The Sinar Mas-backed company has nearly doubled the size of its series C round to almost $112m after securing $60m from CLSA and Kamet Capital Partners.
Nimbus lights up $65m round
US-based biotechnology company Nimbus Therapeutics attracted $65m in funding yesterday from its existing shareholders, which include pharmaceutical firms Pfizer, GlaxoSmithKline, Eli Lilly and life sciences software developer Schrödinger. All but Schrödinger invested through their respective corporate venturing units, Pfizer Venture Investments, SR One and Lilly Ventures. They were joined by Atlas Venture, Lightstone Ventures and… Continue reading Nimbus lights up $65m round
Danke thanks investors for another $70m
Bertelsmann Asia Investments was among the returning investors in a $70m series B+ round, which followed an initial $100m series B in February this year.
JLL sparks $100m CVC arm
JLL Spark has been established with a $100m commitment to tap into the proptech space.
Lime sweetens $250m deal
GV is reportedly leading a funding round for Lime, a bike-sharing platform also backed by NGP Capital and the Stanford-StartX fund.
Bigo streams $272m series D
YY has led a series D round for Bigo, which operates an ecosystem of streaming apps and has now raised more than $450m.
Grab to hold on to startups
The ride hailing firm has launched Grab Ventures, which is set to make eight to 10 investments over the next two years, and established an accelerator called Velocity.
FinCompare contrasts $11.7m series A
ING Ventures has made a lead investment in FinCompare as part of a series A round that also attracted existing investor Uniqa Ventures.