Johnson & Johnson, Novartis and Astellas all took part in the first close of a round for oncology therapy developer 28-7 Therapeutics that now stands at $82.8m.
Month: May 2019
Cohesity imports Imanis Data in acquisition deal
Intel Capital and Wipro Ventures have exited machine learning-based data management platform Imanis Data, which has been bought by Cohesity.
OSF Commerce comes to $23m
Salesforce Ventures’ Canada Trailblazer Fund took part in a $23m round for the commerce services provider that was led by Delta-v Capital.
Harry’s edges towards $1.37bn acquisition
Edgewell Personal Care has agreed to acquire razor subscription service Harry’s in a cash and stock transaction that will allow Grace Beauty Capital to exit.
Uber arrives on public markets with $8.1bn
SoftBank Vision Fund is selling $245m of shares while PayPal is investing $500m in the ride hailing service, in the world’s largest IPO since 2014.
Milestone Pharmaceuticals progresses to flotation
Milestone, a cardiovascular nasal spray developer that raised more than $167m in VC funding from investors including Novo, secured $82.5m in when it went public.
MGI Tech takes $200m
BGI’s gene sequencer spinoff, MGI Tech, has secured $200m in funding from Goldstone Investment, Green Pine Capital and Orient Securities despite a reported $1bn target.
Altiostar shines in $114m series C round
Network technology provider Altiostar has closed a $114m series C round after Rakuten added to Qualcomm Ventures and Tech Mahindra’s contributions.
Cortexyme courses to $75m IPO
Pfizer, Takeda and Alphabet-backed degenerative disease drug developer Cortexyme priced its initial public offering in the middle of its range to raise $75m.
DeNA deploys corporate venturing vehicle
DeNA plans to raise approximately $91m for an investment fund in which it will be the general partner, kickstarting its CVC activities after an 18-month gap.
Hain hurries to Vattenfall
Alexander Hain has departed from Wincubator after nearly three years to take up a senior venture development manager position at Vattenfall’s open innovation unit, Greenfield.
Heetch hits series B with $38m
The on-demand ride provider plans to expand from France into Central and West Africa following an Allianz and Mobivia-backed funding round.
DispatchHealth gets $33m funding delivery
Corporate joint venture Echo Health Ventures led a $33m funding round that will help fund the home care access platform’s expansion in the US.
Megvii goes mega to raise $750m
Alibaba returned to reinvest in Megvii as part of a series E round that valued the facial recognition software provider at more than $4bn.