Guerbet, Caisse Centrale de Réassurances, L’Occitane and Sopra Steria were among the backers for the life sciences-focused venture firm’s BioMedTech fund.
Month: December 2019
Johnson & Johnson takes Taris in acquisition deal
Bristol-Myers Squibb has exited Taris, which is developing a drug delivery system for bladder diseases, in a purchase by Johnson & Johnson.
Facebook boxes up Packagd
GV exited video shopping platform developer Packagd in September through an acquisition by Facebook, it has recently emerged.
Analysis: Wefox widens series B to $235m
Wefox Group, a Germany-based digital insurance provider, extended its series B round, closing $235m
Corporate venturing deal net: 16-20 December 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
SoftBank loads $231m into Lenskart
The eyewear retailer raised the series G funding from SoftBank Vision Fund at a $1.5bn valuation following several secondary deals in the past three years.
Gojo & Company places funding in Loan Frame
The supply chain finance service has received $10.1m from Gojo & Company which will go to increasing its client base and improving its technology.
Forma Therapeutics shapes $100m series D
Novartis, Merck & Co and Eli Lilly-backed Forma Therapeutics, which is working on treatments for rare haematologic diseases and cancers, has added $100m to its coffers.
Hipac hits series D to raise $100m
The Fosun and Jointown Pharmaceutical-backed mother and babycare e-commerce platform received the money in a round led by Anchor Equity Partners.
Tencent re-enters Satellogic’s orbit in $50m round
Low-orbit micro-satellite producer Satellogic raised $50m, 40% of which was provided by existing investors including Tencent.
StradVision sees out $27m series B
The autonomous driving technoogy developer increased its overall funding to $40m in a Posco Capital-led round that included fellow corporate venturing unit Neoplux.
Pearson hits Springboard in $11m round
Digtial skills bootcamp operator Springboard almost doubled its funding in a post-series A round that included Pearson Ventures.
HaptX caps series A at $12m
Returning investor NetEase contributed to VR haptic gloves developer HaptX’s series A round to boost its total funding to $19m.
Fuji Startup Ventures fixes second fund
Broadcaster Fuji Media has put up $45.8m for a growth and late-stage vehicle, following on from a $16m early-stage fund in 2013.