Boehringer Ingelheim will pay a total of up to $365m to acquire its venture fund’s portfolio company Amal Therapeutics, an immunotherapy spinout of University of Geneva.
Month: July 2019
DNX gathers corporate support for fund
Tokio Marine Holdings, Mizuho Bank and JXTG Holdings are among the limited partners that have contributed to the VC firm’s third fund, which has a target size of approximately $277m.
Curve chalks up $55m series B
CreditEase and existing investor Santander InnoVentures both took part in the round, which valued the digital payment card developer at about $250m.
BigID validates $50m investment
BigID, whose backers include Comcast Ventures and SAP.io Fund, has added $50m to its coffers thanks to commitments from nine undisclosed investors.
BriteCore calls WCF Mutual into funding round
WCF Mutual Insurance Company returned for a $47.5m round, which increased the cloud-based insurance software developer’s overall funding to more than $70m.
Orchestra BioMed composes $34m series B1
Orchestra BioMed has confirmed Temuro’s participation in a $34m series B1 round, a month after the corporate entered into a strategic agreement that had it invest $5m of equity.
Raisin accounts for $29m
Goldman Sachs has put $25m of funding into Raisin to drive an expansion into the US and into two additional European markets.
WhiteHat takes in $16m series A
Apprenticeship training platform WhiteHat has added Salesforce Ventures to its shareholders as it looks to expand beyond London.
Void fills up with funding
Lupa Systems has invested $20m in the VR entertainment experience provider, which is backed by Qualcomm, Verizon, Walt Disney, Pickled Entertainment, Cinemark, UTA and Genting Malayisa.
Glints gathers series B funding
HRnetGroup-backed recruitment platform Glints will use proceeds from the $6.8m round to expand into Vietnam and Hong Kong
NetEase bets on Behaviour Interactive
The game developer has received an undisclosed amount from NetEase Games, a few months after Gaea Interactive acquired a 20% stake.
RiskGenius covers series B round
RiskGenius, a developer of insurance language processing technology, has received new funding, with FM Global and Hearst both taking part.
Amazon is sold on Qdigi Services idea
Amazon has invested $7.4m in Qdigi, the provider of after-sale services to consumer electronic products in India.
Cognism generates $10m series B
Netcetera-backed sales and marketing software provider Cognism will use the proceeds to open regional offices in the US and Asia, having already attracted business in those markets.