Lonza participated in the gene therapy developer’s series A round alongside Partners Innovation Fund, having also licensed technology to the startup.
Month: April 2020
Yamato delivers Kuroneko Innovation Fund
Delivery services provider Yamato has partnered venture firm Global Brain to launch a $46.4m fund that will target logistics technology developers.
Olive collects $51m
General Catalyst led a $51m round for the Ascension-backed healthcare automation technology developer, which has now received $119m in total.
Enovix extracts $35m in funding
An unnamed technology company led the latest round for battery developer Enovix, whose existing investors include Intel, Cypress Semiconductor and Qualcomm.
Strivr straps in $30m
Prologis Ventures was among the investors that helped the virtual training system provider hike its overall funding to $51m.
Itochu helps send $15m to BigRentz
The construction equipment rental service raised $15m in an Itochu-led round that will finance strategic merger and acquisition deals.
AristaMD arranges $18m series B
AristaMD, developer of a remote diagnostics system, raised $18m in a round co-led by Cigna Ventures and MemorialCare Innovation Fund.
Acuant verifies IdentityMind acquisition
Mozido, Sberbank and Overstock all scored exits as the e-commerce verification software developer was bought for an undisclosed amount.
Corporate venturing’s ethical framework comes under test
There are plenty of reasons to sell or give up stakes in startups currently – usually cashflow related, hopefully profitably after an acquisition or flotation and sometimes chucked in the bin after bankruptcy. Rarely for ethical reasons.
Cogent Labs collects $13m
Comture Corporation invested in a series C round for the AI technology developer, whose earlier investors include Samsung and Toppan.
CloudGenix floats to Palo Alto Networks for $420m
Intel Capital is exiting SD-WAN software provider CloudGenix in an acquisition that follows $99m in funding across three rounds.
Ozon gets in the zone with $150m
Sistema has participated in a $150m financing round for e-commerce platform developer Ozon having acquired the stake held by fellow corporate MTS last year.
Daojiale houses funding from 58.com
58.com and its 58 Aifang subsidiary invested $70.5m and will help the online real estate marketplace expand its services and grow throughout southwestern China.
Asian corporates mull secondary market sales
A stake of up to $100m in Gojek has reportedly been offered to secondary market buyers while a corporate is also looking to sell stock in fellow ride hailing platform Didi Chuxing.