Pharmaceutical firm Haisco agreed on Monday to invest $10m in Pneuma Respiratory, a US-based company developing a breath-activated digital inhaler, as part of an agreement that will allow it to distribute Pneuma’s products in China. The investment came after Pneuma raised $8.3m in series A financing from undisclosed investors last month, and the company has… Continue reading Corporate venturing deal net: 13-17 August 2018
Month: August 2018
IBM and Qualcomm vets launch AV8
Allianz-backed venture capital firm AV8 launches in the UK and the US.
Gamepind gets $16m reward
Founding investors One97 Communications and AGTech Holdings have put $16m into mobile game developer Gamepind as it appoints a new COO.
City National pays out for Exactuals acquisition
Financial services firm City National Bank has bought EP-backed royalties payment platform Exactuals having led its series B round last year.
CMS gets a taste of Blueberry’s series B round
Blueberry Therapeutics will use the proceeds from the $12.8m China Medical System-backed round to advance its skin and nail infection treatments.
Pfizer coughs up funding for Biontech
Immunotherapy developer Biontech has received an undisclosed amount of equity funding as part of a collaboration deal that could reach $425m.
Line lays down $10m for token fund
The messaging platform developer, which has become increasingly involved in cryptocurrency activities, will invest in token offerings through Unblock Ventures.
News round up 20 August 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Electrolux helps feed Karma with $12m
Anti-food waste platform developer Karma has secured Electrolux as a strategic partner as well as an investor in a Kinnevik-led round.
MoneyLion hunts down new funding
The personal finance app developer, which is backed by Grupo Sura, has secured $28.8m of a $40m round, according to a securities filing.
DoorDash accelerates with $250m round
The food delivery platform has almost tripled its valuation to $4bn in the five months since SoftBank led its $535m series D round.
Analysis: Orchard raises $150m for gene therapies
Two corporate players backed gene therapeutics firm Orchard Therapeutics in a round that may indicate an uptick in investments in genetics-related tech for this year
Boshier helps Yamaha venture to Australia
Yamaha Motor Ventures & Laboratory Silicon Valley has opened an Australian office which will be run by BCG alumnus Craig Boshier.
Visa invites Williams to strategic investment position
Otto Williams, formerly the corporate’s vice-president of innovation and strategic partnerships, will head strategic partnerships and ventures in the CEMEA region.