Cornes has pumped more cash into Bristol’s haptics technology spinout Ultrahaptics to take its total to $84.3m.
Month: December 2018
Aprea appraises $56.8m series C
Praktikertjänst-backed anti-cancer therapy developer Aprea Therapeutics has now raised more than $100m of funding.
Elpiscience gets $35m in series A-plus
Lilly Asia Ventures has contributed to a $35m funding round for Elpiscience which has brought its overall funding to $55m.
Feldan fields $10.5m series A
Asahi Kasei has supplied $1m in a series A extension to bring the total of the series A round, already backed by GC, to $10.5m.
Eruditus in talks to raise $40m series C
The Bertelsmann India Investments-backed education course provider is reportedly in talks to raise $40m in a series C round led by Sequoia.
Keking maps out $144m series C
Alibaba has led the logistic information and service provider’s series C round, bringing Keking’s overall funding to $187m.
Grab to join Oyo’s $1bn round
The ride hailing app is in advanced talks to invest $100m in the round which includes contribution from SoftBank Vision Fund and values the hotel operator at $5bn.
McIntyre reemerges as corporate and social impact investor
John McIntyre has left his position as managing director of Citrix’s Startup Accelerator to join the American Family Insurance Institute for Corporate and Social Impact.
News round up 3 December 2018
A round up of all the latest news on globalcorporateventuring.com for our subscribers.
Analysis: Autodesk lays out $875m PlanGrid acquisition
Collaboration platform for the construction industry PlanGrid was acquired by software developer Autodesk for $875m.
Tech Will Save Us moulds $6.7m series A
Educational toy maker Tech Will Save Us has closed a $6.7m series A round to fuel its European expansion, after M&C Saatchi had supported a first close in March this year.
Nanyan gets $15m in the can
CV Starr and SIG were among the investors in a series B-plus round for online insurance services platform Nanyan.
Editorial: strategic thinking requires looking at the longer-term
The newsflow has been quieter than usual this week following the Thanksgiving weekend in the US, but that doesn’t mean there has been a lack of big stories. Tobacco maker Altria is said to be seeking an expanded footprint in the e-cigarette market through a proposed investment in Juul, which is reportedly valued at $16bn.… Continue reading Editorial: strategic thinking requires looking at the longer-term