E-commerce firm JD.com provided an undisclosed amount of series C++ funding for China-based cloud computing software developer EasyStack on Wednesday, three months after EasyStack raised approximately $47m in series C-plus funding from unnamed investment fund. That round in turn followed $68m from investors including Cash Capital, RuShan Capita, YingDong investment and BlueRun Ventures across three… Continue reading Corporate venturing deal net: 6-10 August 2018
Month: August 2018
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Therachon threads in $60m
Novo led a $60m series B round for achondroplasia drug developer Therachon that also featured Pfizer Ventures.
Artios attracts $83m in series B funding
The oversubscribed round included Pfizer, Novartis, Merck Group and AbbVie, and boosted the cancer drug developer’s overall funding to $120m.
Shadowfax gets $22m series C delivery
NGP Capital led a series C round for the on-demand delivery services provider that included Qualcomm Ventures, taking its total funding to about $41m.
News round up 13 August 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
SQZ indexes $72m in series C round
Illumina, GV and Orient Life supported a $72m series C round for SQZ Biotechnology, with the money set to fund therapies for solid tumours and autoimmunity.
Tot Biopharm touches investors for $102m
Existing investor Center Laboratories Group contributed to Tot’s series B round, which will fund development of its oncology treatments.
Akili accepts extra funding for $68m round
The digital therapy developer added $13m from backers including Digital Garage to a series C round already featuring Amgen and Merck Group.
Zhihu confirms $270m series E round
The Tencent-backed online Q+A platform was originally reported to have raised $300m in the round last month.
SoftBank goes to WeWork with another $1bn
The co-working space provider has secured $1bn in convertible note financing from long-term investor SoftBank despite heavy 2018 losses.
BlueVine bolsters series E to $72m
Corporate venturing units M12 and Nationwide Ventures added $12m to small business finance provider BlueVine’s series E round.
Barclays comes back to Cloud9 in $19m round
Barclays led the voice-based trader communication platform’s series B round, investing with fellow long-term backers NEX and JP Morgan.