Tamer and Twofour54-backed Mumzworld plans to use Gulf Islamic Investments’ series B funding to expand its e-commerce platform in Saudi Arabia.
Month: October 2018
Human Inc heads to $21m series B
Microsoft has invested in consumer technology developer Human, Incorporated’s series B round, which was co-led by Sage Venture Partners, Ropart Asset Management and Sugar Mountain Capital.
MTPV powers into $16m series C round
Sabic Ventures and Total Energy Ventures were among the existing investors in a Lake Bridge Capital-led round raised in advance of the release of MTPV’s heat-to-energy technology.
Tanium secures $200m at $6.5bn valuation
Wellington Management led a $200m round that brought the Citi Ventures-backed enterprise cybersecurity software provider’s total funding to $780m.
NGM pursues $75m IPO
Merck & Co and Takeda are in line for exits when drug developer NGM Biopharmaceuticals lists on the Nasdaq Global Select Market.
Forbion forges $415m fund
ASR Insurances and KLP are among the limited partners in Forbion IV, which will invest in biopharmaceutical companies across Europe and North America.
CooTek cooks up US flotation
The SIG China-backed mobile app developer raised $52.2m despite floating at the bottom of the IPO’s range.
Pivot Bio reaps $70m in series B funding
Monsanto-backed Pivot Bio has now raised a total of almost $87m and will use the latest funding to develop its second crop nutrition product.
Bellen sells investors on series C round
Laboratory services supplier Bellen Chemistry has followed a Legend Capital-backed round last year by raising a nine-figure renminbi sum.
VelosBio vets investors for $58m series A
Existing investor Takeda Ventures was among the participants in a round that valued the cancer therapy developer at approximately $100m.
WndrCo falls for Infatuation in $30m deal
The Infatuation, an online restaurant media brand that also owns Zagat, has received $30m in funding from WndrCo as it prepares to expand into new cities.
M12 drives Netradyne’s series B to $21m
Reliance Industries returned to invest $8m in an M12-led round that took Netradyne’s funding to $37m in just over two years.
Shopal shuts series B-plus round
The luxury branding services provider raised $29.2m in a round led by Youngor Group that included existing investor Cathay Capital Private Equity.
WeWork keeps Keeton to head fund
WeWork’s head of M&A, Emily Keeton, will head up newly formed corporate venturing unit WeWork Creator Fund as managing director.