SymBiosis and Susquehanna International Group were among a consortium of new and existing backers that supplied $90m in series D financing to Finch Therapeutics.
Month: September 2020
Shift gears up with $82.5m fund
The Dutch multi-university venture fund had targeted $70m for its latest fund but ended up attracting $82.5m from investors including Protix and Corbion.
Kyee accumulates $64m in series D funding
Tencent has led a $64m series D round for the healthtech developer, whose shareholders already include SoftBank.
Analysis: Snowflake goes public
Data management software provider Snowflake, which counts Salesforce among its backers, has gone public and its price doubled on the first day of trading.
Corporate venturing deal net: 14-18 September 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Art into venture sciences
Exploring Bessemer’s memo page on some of their deals and how they came to invest.
Amwell rams its way to $742m IPO
The telehealth system provider is going public in an $742m upsized offering that will enable Philips, Allianz, Teva and Takeda to exit.
Outset Medical pumps IPO up to $278m
The kidney dialysis technology provider has added about $36m to close its initial public offering, it shares having more than doubled in price.
Palleon packs $100m into series B
SR One, AbbVie Ventures, Takeda Ventures and Pfizer Ventures all returned having already backed the cancer and inflammatory disease drug developer at series A stage.
Olive swallows $106m
The healthcare-focused workplace management software provider hiked its total funding to about $225m as Ascension Ventures reinvested.
Tonal works out $110m round
Evolution Media and new investor Amazon Alexa Fund helped home fitness product developer Tonal hike its overall funding to $200m.
Corporates floor Lava with $83m
Novo Ventures and Sanofi Ventures co-led a series C round for the cancer therapy developer with backing from returning investor MRL Ventures Fund.
Winnow Fund wins over corporate LPs
MGE Energy, Capital Times and Johnsonville Ventures all contributed to the $6m first close of the Wisconsin student-focused venture fund.
Mitsui Fudosan constructs second 31Ventures fund
The property developer has teamed up with Global Brain again for an $81m corporate venture capital vehicle that will have a similar focus to its predecessor.