The funding will go towards expanded research and development activities at AbSci, which has created a a synthetic biology platform.
Month: June 2018
EcoRobotix weeds out series B
BASF Venture Capital and Capagro have co-led a 10.7m funding round for the agricultural robot developer.
CMR Surgical strings together $100m series B
CMR Surgical, backed by ABB Technology Ventures, has added $100m in series B funding to its coffers.
SenseTime feels a $620m round
China-based artificial intelligence (AI) technology company SenseTime completed a series C+ round at $620m. The round included Qualcomm Ventures, the corporate venture capital unit of mobile semiconductor manufacturer Qualcomm, as well financial services group Fidelity International, among other investors. The transaction reportedly valued the company at over $4.5bn. SenseTime has received significant corporate backing in… Continue reading SenseTime feels a $620m round
White Star rises with $180m fund
Early-stage venture capital firm White Star Capital has closed its second fund at $180m with commitments from utility Veolia, insurance provider La Capitale and airport operator ADP, TechCrunch reported yesterday. Video game publisher Ubisoft and IT company Unisys, through its corporate venturing arm Canal Ventures, are also among the limited partners. Investors further include several… Continue reading White Star rises with $180m fund
Bungie jumps on $100m investment
NetEase has acquired a minority stake in Bungie, the creator of game franchises Halo and Destiny, which was purchased by Microsoft in 2000 but was spun out seven years later.
CGTZ calculates $359m series D
Geo-Jade Petroleum has led a series D round for Caogen Touzi, which also featured a range of unnamed, existing investors.
Binance finances $1bn fund
The cryptocurrency exchange has revealed a $1bn fund that will invest in blockchain technology developers and cryptocurrency startups.
Neon lights up $115m IPO
Pharmstandard and Access Industries-backed Neon Therapeutics has filed for a $115m initial public offering that will support a range of ongoing clinical trials.
Domo makes $100m IPO move
Salesforce and WPP-backed Domo, which emerged from stealth in 2015 with a $2bn valuation, has filed to go public in an attempt to secure capital and avoid having to reduce its business.
Neuronetics eases into IPO filing
Neuronetics has filed for an $86.3m initial public offering on Nasdaq that will offer exits to corporates Pfizer, General Electric and Ascension.
Home24 designs IPO pricing
The company will sell up to approximately 7.7 million shares priced at $22.8 to $28.7, valuing the Rocket Internet-backed business at $618m to $758m.
Editorial: Artificial intelligence’s special impact
Artificial intelligence (AI) is predicted to be the next disruptive wave in media and society more generally. MIT professor Max Tegmark’s latest book, Life 3.0, gives a nice hypothesis that the first indication artificial general intelligence (AGI) has happened will occur in media as it offers the best influence/financial returns equation to help the AGI… Continue reading Editorial: Artificial intelligence’s special impact
Axa ensures interest in Phenom People
Sierra Ventures, Sigma Prime Ventures, and Omidyar Ventures reinvested in a series B round for Phenom, which was led by Axa Venture Partners.