The immunotherapy developer, which counts Eli Lilly, Pfizer, Taiho and Ping An as investors, floated in the middle of its range after raising $160m in venture funding.
Month: May 2019
Emilio to head Bertelsmann Brazil Investments
Bertelsmann has promoted Daulins Emilio, previously director of investments at Bertelsmann Brazil Investments, to lead the unit and the Corporate Centre in São Paulo.
Trevi tracks $55m in IPO
Lundbeck-backed pruritus therapy developer Trevi Therapeutics raised $55m when it floated, but had to price its shares significantly below its range.
LetsGetChecked sets down $30m series B
The Optum-backed round was led by Leerink Transformation Partners and will fund the home medical test provider’s international expansion plans.
Health IQ heads to $55m series D
Hanwha Asset Management contributed to a round that boosted the online life insurance provider’s overall funding to about $140m.
Parikh parks herself at Wells Fargo
Mansi Parikh has left her director of global business and corporate development position at Verifone after nearly five years to manage strategic venture investments for Wells Fargo.
Analysis: SoftBank passes $419m to PayPay
Mobile payment platform PayPay raised $419m in funding from SoftBank. This is a deal from a space that has seen much growth in terms of the corporate-backed deal flow in recent years.
The First Movers invites applications
Samurai Incubate Fund VI, backed by corporates such as Keikyu, Mitsui Sumitomo Insurance and Seino Holdings, is set to start accepting applications for the second edition of The First Movers program.
Corporates give Twisto a twirl
Consumer lending platform Twisto raised $15.6m from investors including ING and Uniqa, bringing its total equity financing to $23.5m.
Corporates light up Orvibo’s series C round
Midea Real Estate and Red Star Macalline helped Orvibo raise $18.8m of series C capital, taking the smart home technology supplier’s total funding to almost $48m.
Myeg sets HiScene for series B extension
Myeg helped increase the AR goggles and software developer’s series B round to $32.4m, adding to a $14.9m first tranche backed by Meitu in 2017.
Healthkart reaches series G with $25m
The Intel-backed health product retailer has received $25m from investment firm Sofina in the form of series G funding.
Pearl crowns $11m series A
GumGum’s dental tools spinoff has raised $11m from Craft Ventures and undisclosed strategic dental industry partners.
Corporate venturing deal net: 6-10 May 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.