Xinyi Biotech and Legend Star helped supply xenotransplantation technology startup Qihan Biotech with $25.5m to follow $7.8m raised last year.
Month: September 2019
Lookiero locks in $19m
Santander’s SmartBank was among the latest investors in online tailored clothing retailer Lookiero, which will spend the proceeds on European expansion.
DeltaDNA gets absorbed into Unity
Unity Technologies has bought game development services provider DeltaDNA, which had raised at least $4.3m from investors including STV.
Palantir prepares for billion-dollar fundraise
Relx-backed big data software provider Palantir is reportedly looking to raise between $1bn and $3bn and hike its valuation to as much as $30bn.
Checkr leaps to $160m
The GV-backed recruitment analysis technology provider has now raised about $310m in total, with T.Rowe Price leading its latest round.
Tencent takes funding to ETechAces at $1.5bn valuation
Tencent has reportedly committed between $130m and $150m to ETechAces, a financial comparison service already backed by SoftBank Vision Fund and Info Edge.
HP brings in Bromium
HP has paid an undisclosed sum for anti-malware software producer Bromium, which had raised $110m of funding from investors including Intel Capital.
Themis tackles $44m series D round
Merck & Co has contributed to Themis’ series D round after signing a strategic partnership agreement last month to develop vaccines for undisclosed diseases.
MDI Ventures and KB form $100m fund
Telkom Indonesia’s MDI Ventures unit has joined KB Investment for a venture fund expected to close at $100m by the end of next year.
Moti meets SIG to complete $50m round
Moti has received funding from SIG Asia to close its series A round following a $31m first tranche in July.
Boundless Bio to expand with series A funds
Boundless Bio, which is developing treatments focusing on extrachromosomal DNA, has raised $46.4m from investors including Alexandria Venture Investments.
Analysis: The rise of corporate-backed funding initiatives
Summary of corporate-backed funding initiatives 2011-19
Square Yards measures out $20m
Real estate advertising portal Square Yards added $20m from investors including Bennett Coleman & Co to take its overall funding to $50m.
Darkstore delivers $21m series B
R/GA-backed delivery fulfillment network Darkstore has raised $21m in a round led by venture fund EQT Ventures that took its total funding to $30m.