Strategic partner 3SBio and Alexandria Venture Investments have both contributed to a $50m round raised by Verseau that was disclosed as it emerged from stealth.
Month: October 2019
Partners HealthCare puts up $80m for new funds
The care provider is supplying $50m for its Translational Innovation Fund while $30m is reserved for its Artificial Intelligence and Digital Translation Fund.
Athena accepts $48m tribute
Salesforce Ventures and NAB Ventures both supplied series C funding for Athena Home Loans, which is preparing to diversify its online mortgage financing service.
MediaLab rescues Kik Messenger
MediaLab has bought Kik Messenger from Tencent-backed Kik Interactive, saving the app from closure amid the latter’s legal issues surrounding its crypto token.
Upstream Security directs corporates to $30m round
Renault Venture Capital led a series B round also featuring Volvo Group Venture Capital, Nationwide Ventures, Hyundai and Hyundai AutoEver.
Plexium flexes muscles with $28m
M Ventures participated in a $28m round completed by Plexium, which is working on small molecule drugs to treat cancer or neurodegenerative diseases.
Zealand Pharma buys Encycle Therapeutics
Zealand Pharma, a Denmark-based biotechnology company for stomach upsets, has acquired for up to $80m Encycle Therapeutics, a Canada-based biotech focused on bowel disease and backed by Japan-based drugs company Takeda’s corporate venturing unit. Emmanuel Dulac, CEO at Zealand Pharma, said: “Encycle has demonstrated the significant potential of its innovative peptide chemistry, and have remained… Continue reading Zealand Pharma buys Encycle Therapeutics
EV Connect adds B round with Mitsui
EV Connect, a US-based electric vehicle (EV) charging infrastructure provider, has raised $12m in its series B round led by Japan-based conglomerate Mitsui. Other investors in the B round included Ecosystem Integrity Fund(EIF) and brings the total capital raised by EV Connect to more than $25m, with more than 6,000 connectors under contract. In July last year,… Continue reading EV Connect adds B round with Mitsui
Oxford Nanopore to embrace $2.1bn round
Amgen and Illumina-backed genetic sequencing technology developer Oxford Nanopore is reportedly eyeing a $2.1bn private placement.
Taimei takes $212m with Tencent’s help
Tencent has led a series E-plus round for Taimei as part of a capital influx totalling $212m, with SoftBank’s SBCVC unit also among the investors.
Qianxun positions itself for $141m series A
The global positioning technology producer, which was co-founded by Alibaba and Norinco, secured the cash at a $1.84bn valuation.
Safran reloads corporate venturing unit
The aerospace manufacturer has put an additional $33.5m into its Safran Corporate Ventures unit, four years after it was launched with more than $55m in capital.
Wheels turns to TDK in $50m round
TDK Ventures has taken part in a round for electric bicycle rental startup Wheels sized at more than $50m, nine months after it raised $37m.
Clypd attaches itself to AT&T
Tivo and RTL exited television advertising data platform Clypd in an acquisition by AT&T’s advertising services subsidiary, Xandr.