Immunometabolic drug developer Sitryx has closed a series A round featuring GlaxoSmithKline, after taking part in the latter’s Immunology Network initiative.
Month: October 2018
Swarup promoted to partner at Rakuten Ventures
Aditya Swarup, a former principal at Rakuten Ventures, has been promoted to partner.
Chakravarthy checks into NGP Capital
NGP Capital has hired Rohini Chakravarthy from New Enterprise Associates as a partner.
Cauvas joins Anthemis
Marin Cauvas has joined Anthemis as an investment associate from Santander InnoVentures.
Brazil comes to grow in the international venture community
The fourth annual Corporate Venture in Brasil conference organized by government agency Apex-Brasil in partnership with Global Corporate Venturing (GCV) was the most popular yet with 700 applications and a who’s who of attendees who “came to grow” in the theme of the event. Since the partnership started in 2016, $184m has been invested in… Continue reading Brazil comes to grow in the international venture community
Cocon collects corporate funding
YJ Capital and Sumitomo Electric Industries both chipped in for a $24.6m round that lifted the cybersecurity company’s total funding to $36m.
LiveSafe gives details of $11m in new funding
Evergy joined existing investors Hearst and IAC in a series B-1 extension that took the risk intelligence software provider’s total funding to about $27m.
Idagio drags in new funding
The Tengelmann-backed classical music streaming platform has doubled its overall funding by raising $11.8m as it expands to North America.
DMM registers $89m fund
Internet and e-commerce company DMM.com views its new venture capital fund as complementary to its M&A investments.
Togo rides with SIG for series B2 round
Car sharing platform Togo increased its total funding to $72m in an SIG-backed series B2 round that followed a $26m round in January.
Venturra Capital centres $15m early-stage fund
Venturra Discovery will invest in seed and pre-series A startups on behalf of its Lippo-backed parent firm.
MTG moves towards corporate venturing
MTG Corporation’s newly formed MTG Ventures unit will pour about $44m into startups developing technologies that could disrupt industries including health and beauty.
Corporates help cut $20m for Slice Labs
The insurance software provider has added funding from investors including Sompo, XL Catlin, Munich Re, Grupo Sura and JetBlue to close its series A round at $31.6m.
SoftBank to secure PIF for next Vision Fund
Saudi Arabia’s Public Investment Fund plans to replicate its $45bn contribution to the first fund when SoftBank puts together its second $100bn Vision Fund.