Existing backer Bristol Myers Squibb returned to commit to healthcare venture firm BioGeneration Ventures’ oversubscribed BGV IV vehicle.
Month: June 2020
Landed gets handed more series A cash
The Lowe’s-backed home finance provider increased its overall equity funding to more than $22m in a second series A tranche led by Omers Ventures.
Openly ropes in Google for $15m series A
Google’s Gradient Ventures unit led a seed round for the online homeowners insurance platform late last year and has returned for its series A.
Pixellot pins down $16m
Asset manager Altshuler-Shaham led a round for the sporting highlights generator also backed by existing investors that would have included Baidu.
Cyclica revolves to $17m series B
Chiesi chipped in as the drug discovery platform developer closed a series B round that will fund its expansion into the agrochemical industry.
Aye Finance approves series E round
The $27.7m series E included CapitalG and it boosted the microlending platform’s overall funding to in excess of $95m.
Yoma hikes stake in Wave Money
A vehicle for conglomerate Yoma Holdings is reportedly investing $76.5m in a deal that will give it a majority stake in Wave, which is also backed by Ant Financial.
BRI Ventures braces for new fund
Sembrani Nusantara has a target ceiling of about $21m and will invest in a wider amount of sectors than its fintech-focused parent firm.
Raising the stakes in climate venture
There is a certain sense of one-upmanship that can be offputting to the rest of the world, but when it comes to tackling climate change and crowding in the trillions of dollars needed from corporations, then the rest of the world can cheer them on.
Amazon assembles $2bn Climate Pledge Fund
Areas to be targeted by Climate Pledge Fund will include transport, logistics, manufacturing, materials, renewable energy, food and agriculture technology.
Cazoo catches funding at billion-dollar valuation
The used car marketplace has achieved unicorn status after raising $31.3m in funding from investors including existing backer DMG Ventures.
Forma Therapeutics finishes IPO at $319m
Forma Therapeutics, whose investors include Eli Lilly and Novartis, has closed its IPO after seeing its shares double in price.
DispatchHealth posts series C details
The home care provider has closed a round led by Optum Ventures and backed by Humana and Echo Health Ventures at approximately $136m.
Mastercard to integrate Finicity for $825m
Experian is exiting the financial data technology provider Finicity in a deal that could reach $985m taking earn-outs into account.