There are some seismic developments happening in the economy outside of healthcare.
Month: July 2020
Xiaopeng gets passengers for $500m round
The smart electric carmaker, which counts Alibaba, Xiaomi and Foxconn as investors, is raising roughly $500m in a series C-plus round.
Berkeley Lights beams on to public markets
The Nikon and Varian-backed cell biology technology developer floated in a $178m offering and its shares almost tripled in price on their first day of trading.
CureVac cuts $176m equity deal with GSK
GlaxoSmithKline is paying $176m for a 10% stake in the RNA drug developer in connection with a strategic partnership agreement.
Pandion stands up in $135m IPO
The Roche and GSK-backed autoimmune disease drug developer has gone public in an upsized initial public offering after at least $138m in earlier funding.
Coursera enrols in $130m series F round
Seek Group returned for a series F round that reportedly more than doubled the adult education provider’s valuation to $2.5bn.
Cityblock receives series B-plus funding
Alphabet and EmblemHealth returned to help supply $53.5m for the community-focused care provider, bringing its overall funding to nearly $140m.
Adagio tunes up with $50m
Adimab’s coronavirus antibody spinoff has launched with series A financing from investors including GV as it prepares for its first clinical trials.
Gem shines with $37m series B
The WndrCo-backed recruitment platform developer has taken its total funding to $48m with a round announced alongside a new diversity tool.
TileDB puts $15m on the slate
Intel Capital returned for a series A round that helped the data analytics platform developer boost its overall funding to $20m.
Analysis: Corporates scoring exits in fintech IPOs
Two fintech companies floated in early July 2020, giving an exit to corporate backers in what has been a good year for the sector.
Corporates get up to speed with Drover investment
Channel 4 Ventures and existing investor BP Ventures contributed to a $25.9m round for the vehicle rental service that will support technology and marketing.
RP-Sanjiv Goenka reaches for Editorji shares
The conglomerate has taken a majority stake in the Bharti Airtel and HT Media-backed news app developer through a primary and secondary deal.
CartiHeal cashes $15m
Existing investor Bioventus has returned to reinvest in the bone implant provider, whose existing backers include Johnson & Johnson Innovation – JJDC.