The Taiho and Eli Lilly-backed immunotherapy developer floated in the middle of its range to raise $75.6m, valuing it at about $334m.
Month: February 2019
Stealth to make stock market appearance
Nan Fung-backed biopharmaceutical company Stealth Bio has filed for an IPO that could bring in almost $87m if it floats at the top of the range.
Illumio clears $65m series E
Cybersecurity software producer Illumio, which counts Juniper Networks among its backers, has now raised a total of more than $333m from five rounds.
HiberCell absorbs series A funding
The metastatic cancer drug developer has secured $60.8m from investors including Celgene and the WuXi AppTec-backed 6 Dimensions Capital.
Taber takes up DataRobot offer
Intel Capital managing director Igor Taber has left the chipmaker’s corporate venture capital unit to join portfolio company DataRobot as senior vice-president of corporate development and strategy.
Cisco hits Gong in $40m series B
Existing investor Cisco chipped in for a series B round that boosted sales data platform Gong.io’s overall funding to $68m.
News round up 11 February 2019
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Barclays helps sink $13m into Bink
Bink, the creator of a platform that links loyalty schemes to customers’ bank accounts, has secured funding in an oversubscribed round led by Barclays.
Euclid goes to WeWork in acquisition
Cox Enterprises, Groupe Arnault and Novel have achieved an exit as location analytics platform Euclid was acquired by WeWork for an undisclosed sum.
Analysis: Co-investment patterns of corporate venturers
We examine some co-investment patterns among corporate venturers we have been tracking since 2011.
Editorial: Welcome to the Tencent-sponsored metaverse
In game-industry deal-making, it appears there is Tencent, then there is everyone else. As a sign of both financial muscle and the need to expand beyond core markets given the effective closing of the Chinese market to new games in 2018, Tencent was either a major shareholder in or investor in four of the top… Continue reading Editorial: Welcome to the Tencent-sponsored metaverse
Corporate venturing deal net: 4-8 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Epam engineers Go Philly Fund investment
Epam Systems will lead the first $15m close of blockchain-powered regional VC vehicle Go Philly Fund, which is reportedly aiming to raise $50m in total.
Health Catalyst assembles $100m series F
UPMC and Kaiser Permanente have returned to contribute to a $100m series F round for the healthcare software developer, which has now achieved a valuation of more than $1bn.