HealthpointCapital has acquired a majority stake IlluminOss, the orthopaedic implants supplier that raised $28m in a series C round backed by SR One eight years ago.
Month: May 2020
Syngenta seeds accelerator
Fresh from rejuvenating its corporate venturing team, Syngenta has launched a new accelerator in a bid to uncover novel food protein products.
Analysis: Rapid7 in $145m DivvyCloud deal
US-based cybersecurity software developer DivvyCloud agreed to be acquired by security analytics provider Rapid7 for $145m in a cash and shares transaction that will give an exit to mass media group Discovery Communications.
Corporate venturing deal net: 27 April-1 May 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Venture is about following the people
The current average population increase is estimated at 81 million people per year – a figure fortunately at this stage unlikely to be dented much by the covid-19 disease – and all require feeding.
CVC in the Time of Coronavirus: Shinichiro Hori, YJ Capital
Despite uncertainty, Yahoo Japan’s corporate venturing vehicle will continue its efforts in innovation and technology in the Japanese ecosystem through collaborations with startups.
Stash produces $112m series F payoff
The investment and financial advice app developer raised the money at an $800m valuation, in a round led by $80m from LendingTree.
Pivot Bio picks out $100m
A consortium including Continental Grain, Bunge and Tekfen has pushed the crop nutrition product developer’s total funding to more than $186m.
Nexar looks ahead with $52m
Samsung, Sompo, Nationwide and Micron took part in a series C round that will help the automotive technology developer expand its product offering and geographic footprint.
Figma figures out $50m series D
Andreessen Horowitz has led a $50m series D round for Figma that more than quadrupled the O’Reilly-backed design software developer’s valuation to $2bn.
InsideBoard inserts series B funding
Axa Venture Partners and Orange Digital Ventures backed a $27.2m round that will fund product development and international growth for the employee engagement software provider.
Liu lands role at Verizon Ventures
Verizon corporate development manager David Liu has moved to a principal position at the telecoms firm’s corporate venturing unit to target 5G technology developers.
Marknum spies series B funding
The Chinese surveillance and security technology provider, which counts Winner Technology as an investor, pulled in $14.1m that will fund AI research.