Flipkart has established a corporate venture capital fund with a reported $80m to $100m in capital that will be overseen by CFO Emily McNeal.
Month: March 2019
Hookipa looks to public markets
Hookipa Pharma, a Boehringer Ingelheim, Takeda and Gilead-backed infectious disease and cancer drug developer, has filed for an $86.3m IPO.
SoftBank to re-enter CloudMinds in $300m round
Robotics technology provider CloudMinds has recruited Vision Fund, managed by existing investor SoftBank, for a $300m round that will fund the ramping up of its production capabilities.
Ouster detects corporates to raise $60m
The lidar technology developer has followed a $27m series A round by adding $60m from investors including existing backers Cox Enterprises and Exelon.
Arch Oncology marches to $50m series B
Roche Venture Fund was among the existing investors that helped supply $50m for Arch Oncology, the cancer drug developer formerly known as Tioma.
Jett reaches new heights at Vision Fund
SoftBank Vision Fund investor Lydia Jett has been appointed to a partner position, having worked with portfolio companies such as Flipkart, Coupang and Tokopedia.
NS8 secures $26m in fresh funding
The Bloomberg-backed cybersecurity technology developer reeled in $26m in a round co-led by Sorenson Ventures, Lytical Ventures and Edison Partners.
Hearst makes Plum investment
Hearst Ventures was among the participants in a round that will fund the roll-out of Plum Guide’s high-end holiday accommodation rental platform to 12 more cities.
OptiScan scoops up $20m
The Mitsui-backed glucose monitoring technology provider will use the series E proceeds to fund the commercialisation of its device in the US.
McDonald’s to consume Dynamic Yield for more than $300m
Baidu, Deutsche Telekom, Naver, New York Times and ProSiebenSat.1 are all set to exit the machine learning software provider in an acquisition by McDonald’s.
Airwallex puts $100m on the books
Existing investor Tencent has returned for a $100m series C round that valued the cross-border financial remittance service at more than $1bn.
Zoom comes face to face with $100m IPO
Profitable video conferencing technology provider Zoom has filed to go public, with Qualcomm Ventures set to record an exit.
Careem rises to $3.1bn acquisition by Uber
Careem has agreed to an acquisition by Uber in a cash-and-convertible note deal, allowing Rakuten, Al Tayyar, Daimler, STC and Didi Chuxing to exit.
Pfizer’s Jones to retire
Elaine Jones, vice-president at pharmaceutical company Pfizer’s corporate venture capital unit, has shared highlights of her career with GCV ahead of her departure in April.