Novo Holdings has invested more than $22m of its $165m fund across four companies developing drugs meant to combat antimicrobial resistance.
Month: January 2019
Zwipe authenticates $14m share offering
The Kuang-Chi Group-backed payment card technology provider has raised $14m in an oversubscribed share offering ahead of a planned public listing at the end of this month.
Urban Airship pushes through Accengage purchase
The company has acquired the Mobile First Alliance-backed push notification technology developer for an undisclosed amount.
JG Summit makes commitment to Ascent
The conglomerate joined fellow limited partners Temasek and Asian Development Bank to back a $50m fund raised by Ascent Capital Partners.
Viacom purchases Pluto TV in $340m acquisition
A raft of corporates are set to exit free online television streaming platform Pluto TV after Viacom agreed to buy it for $340m.
SoftBank serves up $100m for Globality
The service provider marketplace operator has increased its total funding to $172m with an investment from SoftBank Vision Fund that valued it at almost $1bn.
Axa Venture Partners accepts $150m for second fund
Insurance group Axa has provided $150m for the second early-stage fund to be run by its corporate venturing subsidiary, following its $110m AVP Early Stage I fund in 2015.
Avedro heads to public markets
Eli Lilly-backed ophthalmic technology developer Avedro has filed for an $86.3m initial public offering having previously raised $220m in debt and equity financing.
Wynd picks up with help from Natixis
Orange and Sodexo-backed cash management platform Wynd has secured $81.8m in funding from investors including new strategic partner Natixis.
Dosh takes up PayPal offer in $40m round
PayPal has returned to reinvest in Dosh as part of the series B equity portion of a $40m round that reportedly valued it at $300m.
Clearcover breaks out $43m series B
The conglomerate has led the automotive insurance provider’s series B round, which included corporate venturing unit American Family Ventures.
Shrestha seeks out Atrium Health
Rasu Shrestha, who had been UPMC’s chief innovation officer since 2014, has taken on chief strategy officer and executive vice-president positions at peer Atrium Health.
Bridgestone tracks Iris Capital for partnership deal
Bridgestone will target mobility investments with the venture firm, whose corporate backers include Valeo, Orange and Publicis as limited partners.
CM Group savours Sailthru acquisition
Marketing technology firm CM Group has snapped up digital marketing software creator Sailthru, which had raised $48.5m from investors including defunct corporate unit AOL Ventures.