American Express Ventures participated in the round’s first tranche earlier this year, and Even Financial has now raised a total of $25m.
Month: August 2018
Frazier extracts Saxton for EIR role
Tracy Saxton, formerly of Roche Venture Fund and Pivotal BioVenture Partners, has joined Frazier Healthcare Partners as an entrepreneur-in-residence.
Inari fuels growth with $40m series B
Strategic vehicles Acre Venture Partners and Alexandria Venture Investments have joined agronomy technology developer Inari’s backers.
Corporates help plant $150m in Orchard
Sphera Global Health Care and Medison were among the participants in a round that took Orchard Therapeutics’ overall funding past $290m.
Sarepta intercepts Lacerta for $30m investment
Gene therapy developer Lacerta Therapeutics has secured funding from Sarepta Therapeutics as part of a licensing agreement.
Magnolia colours in $31m series A
Eli Lilly, AbbVie, Pfizer, Johnson & Johnson and WuXi AppTec have all backed neurological disorder drug developer Magnolia Neurosciences at launch.
Capsule delivers $50m series B
Online pharmacist Capsule has taken new funding, just over a year after its Virgin-backed series A round.
Dynamic Yield brings in $32m
Union Tech Ventures took part in the series D round, which increased the personalised marketing software provider’s total funding to $77m.
MyDreamPlus wakes up to $120m series C
Giant Network Group has returned for the co-working space provider’s latest round, having backed its series B in March.
TZero zips to $270m
GSR Capital will inject up to $270m in Overstock’s blockchain technology developer, TZero, and invest almost $105m in Overstock itself.
Millendo overtakes OvaScience in merger deal
Roche and AstraZeneca-backed endocrine disease therapy developer Millendo will merge with publicly-listed OvaScience, raising a further $30m in the process.
ZipGo buses in Essel for series B round
Essel Group has invested $43.7m in ZipGo through its Essel Green Mobility subsidiary that will fund the expansion of its bus service.
Nio starts engine on $1.8bn IPO
The smart electric vehicle producer, whose largest investor is Tencent, was valued at $5bn as of late last year and has filed to go public in the US.
JD.com joins efforts to raise $5.8bn fund
The e-commerce firm has joined Sequoia Capital China and the state-owned China Reform Holdings for a late-stage fund with a $5.8bn target.