Cyagen’s Chinese research product spinoff raised $40.5m and will use the funding to grow its business along with its contract research services.
Month: February 2020
Corporates help feather I-Nest fund
Power Solutions, NTT Docomo and a Fuji Media subsidiary were among the limited partners for I-Nest Capital’s oversubscribed first fund, which closed at over $60m.
Aivita makes it halfway to $25m
Stem cell medicine and skincare product developer has added $12.5m as part of a series B-2 round that will come after $15m from SFC two years ago.
Cash forces investors and companies to look earlier and faster
The deluge of cash being raised by VCs – at about $60bn last year – as well as other investors coming in has given more capital options to entrepreneurs and put pressure on how firms source deals.
Roblox gets the rub from Tencent to raise $150m
Tencent took part in a series G led by Andreessen Horowitz that reportedly valued the immersive gaming platform developer at $4bn.
Unqork upscales series B round to $131m
The no-code app development platform has raised a further $51m in a second tranche led by CapitalG, the corporate that also backed its first close in October.
Plume plucks $85m in financing
Belkin, Charter Communications, Qualcomm, Liberty Global, Shaw Communications and Service Electric Cablevision took part in a $60m equity round along with $25m in debt.
Takeda to pay up to $330m for PvP
Takeda has bought celiac disease therapy developer PvP Biologics, three years after acquiring an option to buy it in return for $35m in financing.
Ripcord records $45m series B2 round
The record-digitisation technology provider has now disclosed nearly $120m in financing altogether, strategic partner CDK Global leading its latest round.
Minute Media musters another $40m
The ProSiebenSat.1-backed digital publisher is now valued at $500m, having secured $40m in a round that took its total funding to $160m.
Coca rocks up to Intel incubator
Lisa Coca, a former managing director at GE Ventures focusing on enterprise technology, has joined Intel to support participating groups at its newly announced intrapreneurial incubator.
FogHorn blows through series C with $25m
LS Corp led a round for the IoT software developer that included subsidiaries of Dell, Intel, Saudi Aramco, Honeywell, General Electric and Robert Bosch.
Rongyisuan accounts for series A-plus funding
The Sunyard-backed fiscal and accounting software startup raised $14.2m in funding, with GGV Capital leading the round.
Flock Freight stores $50m
The hubless delivery service has now secured approximately $90m altogether, with GLP Capital Partners co-leading its series B round.