Immuno-oncology startup Stipe has secured $22m in a round co-led by Novo Seeds, after being incubated at Novo’s BioInnovation Institute.
Month: October 2019
We Co pulls its IPO – what now?
With news that We Co has withdrawn its IPO filing, we take a look at what the move could mean for corporate venturing going forward.
36Kr breaks IPO news
Ant Financial and Nikkei will have the chance to exit Chinese media and startup services provider 36Kr, which has filed for a $100m initial public offering in the US.
Severstal to mine startups through Open Innovations platform
The mining and steel company has formed an open innovation scheme to encourage startups to solve issues it is facing in its everyday operations.
Beam Therapeutics threads its way toward public markets
The GV-backed genomic editing technology developer has filed to raise up to $100m, adding to some $225m of venture funding in under three years.
Advocate Aurora adds to $75m Venture Investors fund
Venture Investors has now raised $75m for its latest vehicle, from limited partners that include care provider Advocate Aurora Health.
Dave banks on Norwest to raise $50m
Norwest Venture Partners has acquired a 5% stake in JPMorgan Chase and Chernin Group-backed digital banking service provider Dave at a $1bn valuation.
Ampere finds Oracle for $40m investment
Oracle has revealed it has provided $40m in funding for cloud service microprocessor startup Ampere Computing, taking a board seat in the process.
Kenna keeps up funding with $48m
Citi Ventures contributed to a series D round that nearly doubled the cybersecurity analysis software provider’s overall funding to $98m.
Chernin cooks up majority stake in Food52
TCG has invested $83m to acquire a majority stake in Scripps Networks Interactive and Bertelsmann-backed e-commerce and media platform Food52.
Verizon takes Jaunt in asset deal
The Disney, Alphabet, Axel Springer, Madison Square Garden, BSkyB and ProSiebenSat.1-backed mixed reality technology developer has sold assets including software and technology to Verizon.
Bnext gets on deck with $25m
The financial and insurance product marketplace has raised the largest ever series A round for a Spanish fintech startup, from a consortium including USM.
Schön Klinik absorbs Aurora Health
Aurora, a mental health-tracking app developer and Axel Springer Plug and Play graduate, has been acquired by Schön Klinik for an undisclosed sum.