Sustainable fabric technology developer Natural Fiber Welding secured $13m in a round led by strategic partner Ralph Lauren.
Month: August 2020
US’s space leap
Entrepreneurs have traditionally needed five things to build their business: capital, customers, product development, staff recruitment and, eventually, an exit. A sixth factor of increasing importance in a world of heightened geopolitical tensions involves dealing with government and regulators.
Fanatics fetches $350m
The Alibaba and SoftBank-backed sports apparel merchant increased its valuation to $6.2bn in a series E round co-led by Fidelity and Thrive Capital.
CureVac comes to public markets in $213m IPO
GlaxoSmithKline Eli Lilly and Genmab-backed messenger RNA drug developer CureVac priced the offering at the top of its range.
Impossible Foods digs into $200m series G
The plant-based food producer boosted its valuation to $4bn and has now raised a total of $1.5bn from investors including GV.
JD Logistics gets on Kuayue Express
The JD.com subsidiary is set to pay $432m for a majority stake in the GLP-backed logistics services provider through a mixture of primary and secondary investment.
F2G affirms Novo-backed round
The fungal disease drug developer pulled in $60.8m from investors including Novo, which is switching board members at the company.
Kin Insurance clinches $35m series B
CSAA subsidiary Avanta Ventures returned for a round that will help the home insurance provider expand across the United States.
Alive HealthTech Fund gets $150m allotment
Carillon Clinics and Maccabi Healthcare Service have contributed to the $150m raised by the medical technology fund as anchor investors.
Varjo closes $54m series C
Virtual and mixed reality headset developer Varjo more than doubled its overall funding in a round in which Volvo Cars Tech Fund reinvested.
Lumeon loops in $30m
The healthcare automation software developer has now raised $70m altogether, with Optum Ventures leading its latest round.
Unfold reveals $30m
Leaps by Bayer and Temasek have partnered to form a seed development startup that is focusing on the vertical farming market.
Cardinal Operations sorts out series A
The Lenovo-backed supply chain optimisation platform raised $11.4m in a Vertex China-led round that boosted its overall funding to more than $22m.
Optum hops on $16m mPulse round
Optum Ventures and Echo Health Ventures helped the healthcare chatbot provider take its overall funding to more than $41m.