Drug developers Sanofi and Hikma both contributed to a funding round for health management app developer Click Therapeutics to bring its total financing to more than $26m.
Month: October 2018
Incorta doubles series B to $30m
Corporate venturing units M12 and Telstra Ventures co-led the $15m second tranche of a round for data analytics platform Incorta that already included GV.
Corporates see Sense for $18m series B
Household energy monitor developer Sense has expanded its overall funding to almost $39m in a round backed by Schneider Electric and existing investors Shell and iRobot.
CrowdStrike considers 2019 IPO
The endpoint security software producer has hired Goldman Sachs for an initial public offering that would enable Alphabet, Rackspace and Telstra to exit.
Vector successfully angles for $70m series B
Kanematsu-backed microsatellite launch services provider Vector has collected $70m in a series B round that brought its total funding to more than $100m.
Vacasa books into $64m round
Vacasa has added $64m in an Assurant-backed round that will help the holiday property manager pursue further domestic and international expansion.
TP Therapeutics tops series C with $80m
The cancer therapy developer has raised $80m in a mezzanine round that came almost 18 months after its series C, with Lilly Asia Ventures and SR One backing both rounds.
Revolution acquires Warp Drive to accelerate progress
Warp Drive Bio, the genomic medicine developer co-founded by Sanofi, has agreed to an all-share acquisition by Revolution Medicines.
CuraSen lures Johnson & Johnson to series A
Johnson & Johnson Innovation – JJDC was among the investors in CuraSen Therapeutics’ $54.5m series A round, which was led by New Leaf Venture Partners.
Microsoft returns to WhiteSource for $35m round
Open-source cybersecurity software provider WhiteSource has raised cash in a series C round led by Susquehanna Growth Equity that included Microsoft’s M12 unit.
Tastemade cooks up $35m in funding
Amazon and existing backer Comcast both invested in a round that boosted lifestyle media platform Tastemade’s total funding to $115m.
News round up 22 October 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Corporate venturing deal net: 15-19 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.
Infusionsoft firms up with $20m Orix investment
Orix Growth Capital has invested $20m in CRM software developer Infusionsoft, which has now raised $145m since it was founded in 2001.