Corporate venturing unit Amgen Ventures contributed to a $25.5m funding round for the microfluidics healthcare technology developer.
Month: April 2020
Tech startups eligible for $350bn US lending scheme
Startups with fewer than 500 employees will be able to apply for loans of up to $10m from the US government’s $350bn Paycheck Protection Program.
AM-Pharma amplifies latest round to $182m
Cowen and European Investment Bank added $52m to a $130m first tranche closed by the AbbVie and Pfizer-backed kidney injury drug developer in July.
6 Dimensions supports $125m round for iTeos
The WuXi-backed investment firm returned for a series B2 round that will support phase 1/2 trials for iTeos Therapeutics’ oncology therapies.
Pandion packs in $80m
Autoimmune disease drug developer Pandion Therapeutics closed a series B round co-led by Access Biotechnology and backed by Roche Venture Fund and SR One.
Collibra collects $112m
CapitalG returned for a late-stage round that pushed Collibra’s total funding beyond $345m and boosted its valuation to $2.3bn.
Aspen Neuroscience ascends with $70m
The Parkinson’s disease therapy developer closed the series A funding less than four months after a Eurofarma-backed seed round.
Orion Labs organises $29m series B
The enterprise communication platform developer has now raised more than $62m altogether, Dell Technologies Capital leading its latest round.
Konfoong Biotech calls up Intel for series B
Intel Capital led a $14.1m round for the cancer diagnostics system provider, its parent company having already supplied it with artificial intelligence technology.
Hoshino hashes out SoftBank role
Taiichi Hoshino has departed from his managing director position overseeing Japan Post Bank’s investments to lead an investment strategy department at SoftBank.
Tough fundraising times?
Let’s see…
CVC in the Time of Coronavirus: Tarik Galijasevic, Allstate Strategic Ventures
Galijasevic predicts collaborations among corporate VCs and startups will only accelerate as they look to innovative technologies to address customer needs during tumultuous times.
SoftBank secedes from $3bn WeWork share tender
Early investors and employees were set to benefit from a $3bn tender offer for the troubled workspace provider but key investor SoftBank has pulled out.
4Paradigm fixes $230m in funding
Cisco and Lenovo helped the artificial intelligence software producer hike its valuation from $1.2bn to $2bn, following a $145m round in 2018.