The Alibaba and Telstra-backed cloud services provider has secured series F funding in what is reportedly its third nine-figure round.
Month: June 2020
Ultrapower charges up $19m fund
Internet and telecommunications software producer Ultrapower Software’s corporate venturing unit has closed a $19.4m fund that featured external limited partners.
Cullinan Mica commences with $26m
Cullinan Oncology contributed to a series A round that funded the launch of a cancer drug-focused joint venture with PDI Therapeutics.
Kahoot cajoles $28m in private placement
The Microsoft and Disney-backed educational game portal pulled in $28m as investors also bought $62m of secondary shares.
Strategies blur as opportunities arise
Interesting to see Søren Thinggaard Hansen has joined Denmark-based pharmaceutical firm Novo as a senior partner to set up a private equity initiative to complement its existing corporate venturing strategy.
Palantir puts IPO plans on the front burner
The Relx-backed big data analyser is reportedly lining up a confidential IPO filing in the coming weeks having previously raised $1.9bn in equity funding.
Avidity achieves $259m initial public offering
Muscle disease drug developer Avidity, which counts Eli Lilly, EMS, Takeda and ST Pharm as investors, went public in a significantly upized IPO.
Miaoshou Doctor amasses series D1 funding
Tencent-backed telemedicine service Miaoshou Doctor pulled in $84.5m that will support the strengthening of its health insurance provision.
Verve swerves into $63m
Genomic heart disease drug developer Verve Therapeutics secured funding in a round led by GV, which also led its series A last year.
Headspace expands with extra series C cash
BCC, Broadway Video, WME and Chernin Group were reportedly among the investors that added $47.7m to the $93m in financing the meditation platform raised in February.
OnTruck loads up fresh funding
OGCI Climate Investments led a $19.3m round for the digital freight platform operator that included existing backer Total Carbon Neutrality Ventures.
MycoTechnology sprouts $39m series D
The mushroom ingredient developer has now raised more than $120m in total, Greenleaf Foods co-leading a round featuring Continental Grain, Bunge, Kellogg’s, Tyson and Rich’s.
Wave brings in $30m
Avex, Superfly Ventures and NTT Docomo Ventures contributed to a round that will help the virtual concert broadcaster enter China and Japan.
Analysis: Legend Biotech raises $487m in IPO
GenScript Biotech’s spinoff Legend Biotech, which counts Eli Lilly and Johnson & Johnson as backers, floated in the US.