A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: October 2018
Arcadia Data conjures up $15m series B
Intel Capital has returned with Mayfield Fund and Blumberg Capital to back visual analytics software developer Arcadia Data, taking its total funding to $27m.
Corporate and university venture highlights
There’s now just a month to go until Global University Venturing Summit and I would love to see you there supporting the community by participating. As I’m sure you know, for many years NCET2 ran a best-practice event for university venturers. But with Tony Stanco from NCET2 now focussing most of his time working with… Continue reading Corporate and university venture highlights
Corporate venturing deal net: 8-12 October 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
G2 Crowd brings in $55m
LinkedIn-backed business software marketplace G2 Crowd has now raised more than $100m since it was founded and is valued at nearly $500m.
Allogene rallies to $324m IPO
The Pfizer and Gilead-backed immuno-oncology therapy developer, which had raised $300m in an April series A round, floated at the top of its range.
Edison Partners welcomes American Family to $365m fund
American Family Insurance was among a string of limited partners for the growth equity firm’s ninth fund, which was oversubscribed from its $300m target.
Proetus Digital ingests $88m from Otsuka
Proteus Digital Health has received $88m in equity funding and upfront payments as it extended its collaboration partnership with Otsuka Pharmaceutical.
Rgenix reaches series C to raise $40m
Novo, WuXi AppTec and Alexandria Venture Investments all invested in a Lepu Medical-led round that will support clinical trials for two cancer drug candidates.
TidalScale measures out $24m
SK Hynix and existing investor Infosys both contributed to a series B round for software-defined server technology provider TidalScale.
Netlify tastes the high life with $30m
The Bloomberg-backed web content delivery network provider boosted its overall funding to more than $44m in a Kleiner Perkins-led round.
ArcTern reaches $46m first close
Equinor is among the limited partners for ArcTern Ventures’ second cleantech fund, which has reached a first close on the way to a target of about $115m.
Glympse Bio engineers $22m series A
Glympse Bio, a medical diagnostic sensor spinout from MIT, has secured $22m in a series A round backed by Gilead Sciences and Heritage Provider Network.
The Association accelerator prepares second brief
Trade body Association of International Certified Professional Accountants provides participants in its accelerator with up to $25,000 in funding to target either financial information or occupational competency applications.