The Alibaba, Xiaomi, Foxconn, UCar and Duowan-backed smart electric carmaker has floated in the US through an offering valuing it in excess of $21bn.
Month: August 2020
Desktop Metal irons out $2.5bn reverse merger
Desktop Metal, backed by a large consortium of corporates, will merge with special purpose acquisition company Trine to list on the NYSE at a $2.5bn valuation.
YuceBio uses Yuanzhi in series C round
Medical equipment maker Yuanzhi Technology led a $43.5m round that will fund work on BGI-backed YuceBio’s TMB biomarker.
Freenome finishes $270m series C
Novartis and existing investors GV, Kaiser Permanente Ventures and Roche Venture Fund helped the cancer test developer push its total funding past the $500m mark.
Google to add $100m to Amwell IPO
The Teva, Allianz and Takeda-backed telehealth technology producer has filed to raise up to $100m in an offering that will be boosted by another $100m from Google.
ReViral revolves to $44m series C round
CR-CP Life Science Fund has led the RSV treatment producer’s latest round, participating alongside new and returning backers including Novo and EMS.
Kymeta climbs to $85m
Bill Gates has returned to lead an $85m round for satellite internet provider Kymeta, which has now raised more than $280m from investors including Intelsat and Liberty Global.
PatientPop admits $50m to series C round
The Athenahealth-backed telehealth software provider took its total funding to $125m in a round led by HLM Venture Partners.
FTX executes Blockfolio acquisition
The crypto portfolio tracker developer has been snapped up for $150m less than two years after a series A round backed by Huobi and Bitmex.
Afterpay arcs to Pagantis acquisition
Pagantis has agreed to be purchased by Afterpay in a deal sized at about $59m having raised more than $92m from backers including the Credit Suisse’s SPF Investment Management spinoff.
Motiv Power pulls in $15m
GMAg provided $15m in convertible note financing that will be put towards the Winnebago-backed electrification equipment maker’s ongoing series C round.
SparkMeter measures $12m in series A funding
Total Energy Ventures helped the utility-scale energy meter provider close a round that will support the launch of its latest software product.
Medmain mixes with corporates to raise money
Fukuoka Wajiro, SoftBank and Kyushu Power helped pathology imaging system and software provider Medmain raise $10.3m in its second funding round.
Cisco signs up for BabbleLabs acquisition
Dell Technologies Capital and Intel Capital are set to exit the audio enhancement technology provider, which has agreed to be bought by Cisco.