Roche Venture Fund returned to help SutroVax, a developer of vaccines for a range of deadly infectious diseases, push its overall funding past $280m.
Month: March 2020
Lime lines up funding at $400m valuation
The Alphabet and Uber-backed e-scooter rental service is reportedly in talks to raise money at a $400m valuation, down from $2.4bn in early 2019.
Stellar Cyber stacks up more series A funds
Susquehanna International Group helped the network security software provider boost its series A round to $21.8m, adding to a Digital Heart-backed tranche a year ago.
Humio logs $20m series B round
Dell Technologies Capital led a $20m series B round for Humio, which will use the cash to further develop its real-time data management platform.
Welmo swells series B round
Tepco Power Grid helped the specialised care software developer take its latest round, which already included Line, Mixi, Aioi Nissay Dowa, Akatsuki, Global Kids and Konica Minolta, to $14.3m.
Nana puts $18m in its shopping trolley
Nana, which has seen demand for its online grocery-ordering app skyrocket in recent days, secured $18m in a series B round co-led by Saudi Technology Ventures.
Tokyu Accelerate Program selects 2019 finalists
The Tokyu-backed scheme has hosted the fifth batch’s demo day with Subsclife, Barus, Luup, Fun Up, Self Link and Sora (MagicPrice) receiving awards.
Venture’s leaders step up
The meeting of about 34 senior corporate venturing executives in the Covid-19 Venture Crisis Forum on Wednesday identified the global concern the disease from the Coronavirus is causing.
Yuexiu partners People’s Insurance for $424m fund
The state-owned corporates have set up an industry investment fund focused on China’s Greater Bay Area as part of a larger $1.41bn initiative.
Kallyope digests $112m in series C round
Illumina Ventures was among the returning investors for the round that will help Kallyope prepare a weight loss treatment for clinical trials.
Letgo links to OfferUp in merger deal
Naspers subsidiary OLX Group led a $120m round for the e-commerce app developers, which have agreed to merge, and will own 40% of the combined entity.
Capgemini captures WhiteSky
Salesforce Ventures is set to exit the MuleSoft consultancy in an acqusition by Capgemini less than six months after it invested.
Regenacy regulates $30m series A
Viva Biotech contributed to a round that will help Regenacy Pharmaceuticals push its diabetic peripheral neuropathy candidate into phase 2 trials.
RigUp constructs fresh funding round
RigUp, the GE Ventures-backed developer of an energy work management platform, has secured $28.7m of a targeted $78.7m round.