A month after Sutro closed an $85.4m series E round backed by Merck & Co, Celgene, Amgen and Eli Lilly, the cancer drug developer has filed for a $75m initial public offering.
Month: August 2018
News round up 3 September 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Blickfeld catches another glimpse of seed round
Lidar technology developer Blickfeld has secured a $5.7m extension from investors including Unternehmertum Venture Capital Partners to bring its seed round to $10m.
Tascent touches on $19.5m series B
NEC has co-led a series B round for Tascent, which also welcomed Min Aik Technology as a backer.
Genomics detects $32.5m series B
Vertex Pharmaceuticals has led a series B round for Genomics, a spinout from University of Oxford that also attracted Oxford Sciences Innovation and IP Group.
Amazon strikes Tapzo acquisition deal
Tapzo has been acquired by Amazon Pay India for a reported $30m to $40m, providing an exit to investors including American Express.
Yihang.ai drives $32m series B
CHJ Automotive-backed Yihang.ai has collected $32m in series B funding led by CICC Jiacheng Investment as it moves towards the launch of its first production model next year.
Terra digs into $32m seed round
US-based price-stable digital currency developer Terra closed a $32m seed round yesterday co-led by cryptocurrency exchanges Binance Labs, OKEx, Huobi Capital and Dunamu. Polychain Capital, FBG Capital, Hashed, 1kx, Kenetic Capital, Arrington XRP Capital, TransLink Capital and a range of unnamed investment funds have backed the round. Huobi and Dunamu provided capital through their respective… Continue reading Terra digs into $32m seed round
Jacobio dispenses $55m series C
Qiming Capital and Hillhouse Capital have co-led a series C round for Eli Lilly-backed Jacobio Pharmaceuticals, which has now launched a corporate venturing arm.
Cloudian stores $94m series E
US-based data management software provider Cloudian closed a $94m series E round yesterday backed by courier service Japan Post, telecoms firm NTT Docomo and law firm Wilson Sonsini Goodrich and Rosati. Eight Roads Ventures, a venture capital arm of financial services group Fidelity, public-private partnership Innovation Network Corporation of Japan (INCJ), investment bank Goldman Sachs… Continue reading Cloudian stores $94m series E
SurveyMonkey assesses $100m IPO
Alphabet and Salesforce-backed SurveyMonkey, which most recently disclosed a valuation of $2bn in 2014, is targeting a $100m initial public offering on the Nasdaq Global Select Market.
Viomi homes in on $150m offering
Xiaomi owns nearly a fifth of Viomi Technology, a smart home appliances producer that is seeking a flotation in the US four years after being incorporated.
Tubatu designs $200m flotation
58.com could exit when Tubatu, a marketplace for home renovation contractors, lists on the Hong Kong Stock Exchange.
X Financial to cross over into $250m IPO
X Financial, a China-based peer-to-peer lending platform backed by conglomerate Chow Tai Fook Enterprises, filed for a $250m initial public offering on the New York Stock Exchange on Tuesday. Founded in 2014, X Financial provides a range of personal financial services products, including a peer-to-peer lending marketplace, credit card loans and wealth management. The proceeds… Continue reading X Financial to cross over into $250m IPO