Russell Greig, once president of GlaxoSmithKline subsidiary SR One, has taken the chairman position at drug developer BiomX, nine years after leaving the unit.
Month: November 2019
Ant Financial anticipates $1bn fund
Alibaba’s financial services affiliate is looking to raise $1bn for a vehicle that will make strategic investments in emerging markets.
FerGene secures $570m for first funding
FerGene has been spun off by Ferring Pharmaceuticals to bring a gene therapy for bladder cancer to market, and Ferring itself is supplying $170m of the cash.
Impossible Foods to cook up $400m round
Plant-based burger manufacturer Impossible Foods is hoping to more than double its current valuation of $2bn, having already raised some $750m from investors including GV.
Ualá wows with $150m series C
Tencent and SoftBank co-led a $150m series C round for financial services app developer Ualá that increased its overall funding to $194m.
Newlinks connects to Nio for $110m round
EV charging services provider Newlinks Technology Group secured funding in a Nio Capital-backed series C round that took its overall funding to more than $237m.
2C2P clears $52m
Pan-Southeast Asia payment processing service 2C2P secured the funding having previously been backed by two subsidiaries of internet company GMO.
Lixiangjia links to Ping An to raise $35m
Asset data and management software provider Lixiangjia has raised series D-plus funding having reportedly already begun IPO preparations.
Heartseed to grow with series B funding
JMDC, Gene Techno Science, Astellas Venture Management and Nissay Capital contributed to a $25.8m round for the heart failure treatment developer.
AN2 Therapeutics sticks away $12m
Brii Biosciences was among the participants in a series A round for infectious disease drug developer AN2 and has secured Chinese commercialisation rights for the startup’s lead asset.
Mobiliar helps ferment Carvolution
Car rental startup Carvolution has received $11.3m from investors including its new strategic partner, insurance firm Mobiliar.
Oyo to input $1.5bn
SoftBank Vision Fund is investing $807m in the online short-term accommodation platform at a $10bn valuation, with the rest coming from Oyo’s founder.
Paytm locks down $1bn series G
Eight months after reports of the round first surfaced, Paytm has raised $1bn in series G funding at a $16bn valuation from investors including Ant Financial and SoftBank.
Tokopedia stokes $1.5bn fundraising preparations
The Alibaba and SoftBank-backed peer-to-peer e-commerce platform is looking to close $1bn to $1.5bn in funding early next year.