The cancer treatment developer floated in the middle of its range following $175m in venture funding from investors including Novo.
Month: August 2020
Skillshare completes $66m funding project
Hubert Burda was among the returning investors in round that boosted the online learning service’s overall funding to $108m.
Fractyl racks up $55m in series E
YJ Capital and existing investor GV were among the partcipants in the latest round for metabolic disease treatment developer Fractyl.
UMG Idealab prepares ground for $100m fund
Conglomerate UMG’s accelerator and incubator aims to close a $100m fund by 2022 with help from external backers to support its portfolio through growth rounds.
Crossbeam holds up $25m
Okta Ventures and existing investors Salesforce Ventures and Slack Fund helped the data integration platform developer take its total funding past the $40m mark.
ABM Therapeutics accumulates $20m
Sinopharm Capital contributed to a series A-plus round raised two months after ABM began enrolling patients for a phase 1 trial of its cancer drug candidate.
Tencent buys majority stake in Byment
Tencent has followed its series A investment in the comics and animated content producer last year by acquiring a majority share in the company.
MyGlamm makes up PopXo purchase
Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.
Digital health’s limited explosion
Wow, what a difference a year makes. Teladoc late last week agreed to acquire health monitoring platform Livongo, which provides services for managing chronic conditions like diabetes, for $18.5bn.
Fabric Tokyo weaves together Original Lab
The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.
Xpeng expects US flotation
The smart electric carmaker, which has raised a reported $2.5bn from investors including Alibaba, Foxconn, UCar and Xiaomi, has set a placeholder target of $100m.
VeriSilicon readies $268m initial public offering
The chip manufacturing services firm is set to go public $268m in an oversubscribed offering that will enable Samsung, Xiaomi and Intel to exit.
BigCommerce expands IPO to $249m at close
The Softbank, Telstra and American Express-backed e-commerce software producer has closed its IPO after its shares more than tripled in price.
Brite brings in series D funding
Xiaomi has backed a $50.2m round that lifted the total raised by the SMIC-backed chipmaker to more than $80m in just over a decade.