Increasing both the number of shares and share price, iTeos Therapeutics has raised more than $201m in an offering that provided an exit to 6 Dimensions Capital.
Month: July 2020
Ceros captures $100m
The cloud-based design platform has raised $100m from new and existing shareholders, but it is unclear if CNF Investments was among those that returned.
Geltor beefs up funding with $90m
Earlier reports suggested Geltor was seeking as much as $100m, but the Archer Daniels Midland and Wilbur-Ellis-backed company has now seemingly secured $90m.
Ather Energy regenerates series C
Ather Energy has added $11.2m from existing shareholder Hero MotoCorp to its series C round to bring its total to $62.2m.
FreightWaves broadcasts $37m news
FreightWaves has secured $37m across two rounds from investors including Kayne Partners Fund to bring the Hearst and Prologis-backed company’s total funding to more than $75m.
Sorabel leaves the stage
MNC Media and Sinar Mas-backed fashion e-commerce company Sorabel has run out of cash having already shut down its Philippines-based subsidiary.
BeBit consults corporates on fresh funding
Industrial Growth Platform led the consulting company’s $23.7m maiden round, investing alongside backers including Change, Dentsu, Marshmallow and The Guild.
Analysis: Hippo gets $150m
The online home insurer raised a series E round backed by a host of corporate venture investors.
Corporate venturing deal net: 20-24 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.
Opening to a world of capital
Three months ago as the impact of the coronavirus’ spread around the world was becoming clearer with an economic lockdown there were few potential points of light.
Campbell Soup sells Acre Venture Partners fund stake
Campbell Soup has divested its stake in the agriculture-focused investment vehicle, for which it was the sole limited partner, to StepStone Group.
HaiHe Biopharma hits series B with $171m
CSPC returned for the anti-tumour therapy developer’s series B round having backed its $147m series A early last year.
Talkdesk takes $143m in series C round
Salesforce-backed customer engagement software producer Talkdesk is now valued above $3bn, having raised $268m altogether.
Fetchr fishes out $15m
CMA CGM and Tamer Group participated in a round that will support the e-commerce delivery service’s expansion to Saudi Arabia.