The neurodegenerative disease startup has emerged from stealth with $30m taken in a series A round co-led by GlaxoSmithKline’s SR One unit.
Month: July 2020
Flipkart picks part of Arvind Youth Brands
Flipkart has paid $34.6m for a minority stake in Arvind Youth Brands as part of a strategic partnership to jointly explore market opportunities for its fashion apparel.
Analysis: Perfect Day with a $300m series C round
Continental Grain-backed vegan food producer Perfect Day has raised $160m, increasing its series C round to $300m.
Yamo consumes series A cash
Corporate venturing units Müller Ventures and Ringier Digital Ventures invested in an $11.5m round that will help the healthy children’s food producer move into France.
Storytel closes book on Kitab Sawti purchase
Bonnier and Paltel Group are exiting Arabic audiobook platform Kitab Sawti in a cash-and-shares acquisition by StoryTel.
Electric Imp plugs into Twilio
Foxconn has exited the internet connectivity technology producer in an acquisition of undisclosed size by enterprise software supplier Twilio.
MariaDB makes out with $25m follow-on
The database software provider has taken the size of its Alibaba and Intel Capital-backed series C round to $79m and its total funding past $125m.
Corporate venturing deal net: 6-10 July 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
XM Cyber executes $17m series B
Nasdaq Ventures returned to reinvest in the cybersecurity software developer through a round that hiked its overall funding to $49m.
Haivision gets Teltoo in acquisition deal
Liberty Global Ventures and Telefónica have exited the video streaming technology developer in an acquisition of undisclosed size by Haivision.
Ant marches on
Sometimes deals are so enormous it is hard to grapple with.
Rivian receives $2.5bn
Amazon returned for a round that boosted the electric truck and SUV developer’s overall funding to more than $5.3bn in the past 18 months alone.
Sony commits $250m to Epic investment
Commercial partner Sony reportedly acquired a 1.4% stake in the Fortnite developer through a deal that valued it at almost $17.9bn.
Newlink nets $129m in series D round
New investor Xiaomi and existing backer Nio Capital helped the charging and refuelling services provider take its total funding past $360m.