Comment from Bill Taranto, founder and president, Merck Global Health Innovation Fund
Month: August 2020
Brooks resignation surprise
Wendell Brooks, senior vice-president at Intel and president Intel Capital, has resigned after six years.
The Future of Corporate Venture Capital
Comment from Gen Tsuchikawa, chief investment manager, Sony Innovation Fund
Oak Street stretches to $328m in IPO
Humana-backed primary care network Oak Street Health is raising $328m in an offering in which it priced its shares above an expanded range.
Lepu Biotech leaps to $186m series B
Lepu Medical’s immuno-oncology spinoff secured $186m in a round co-led by Ping An Capital and the Sunshine Insurance-backed Riverhead Capital.
ChargePoint chases down another $127m
American Electric Power and Chevron Technology Ventures were among the existing investors that helped the EV charging service boost its overall funding to $667m.
Yotpo’s series E round yields $75m
Access Industries was among the returning investors in a $75m round that brought marketing platform Yotpo’s overall funding to $176m.
Syntiant talks about $35m series C round
M12 and Applied Ventures co-led a $35m round for Syntiant, which is working on chips for artificial intelligence-powered voice processing at the edge.
GentiBio generates $20m in seed funding
The T-cell drug developer has launched with $20m from a seed round co-led by corporate venturing unit Novartis Venture Fund.
MicuRx sends for Sinopharm in series D
Sinpoharm-backed joint venture Sinopharm-CICC was among the investors in a $43.2m round that boosted the antimicrobial drug developer’s total funding to near $150m.
Photosynth captures $33m
Norinchukin Bank has led the cloud-based key system startup’s latest round, which included Globis Capital Partners, Line Ventures, 31Ventures, BSP, NTT Docomo Ventures and Joyo Industrial Research.
DeepX dives for $15m
Fujita, Industrial Growth Platform and SBI were among the investors in the automation technology developer, a graduate of Nvidia’s Inception Program.
Brooks resigns from Intel
After six years Intel Capital president Wendell Brooks has announced his resignation, with Anthony Lin to take the reins on a temporary basis.
ARMG embraces corporate venturing
The mental well-being and recruitment services provider has launched an investment vehicle that will provide up to $950,000 per deal.