Precision cancer drug developer Novellus boosted its funding total to $75.5m with a round featuring SR One and Novartis Venture Fund.
Month: September 2020
Yeboah-Amankwah takes over at Intel Capital
US-listed semiconductor and data company Intel has hired Safroadu (Saf) Yeboah-Amankwah as senior vice-president and chief strategy officer after the departure of Wendell Brooks as president of Intel Capital in the summer. Starting at the beginning of November from being a senior partner at management consultants McKinsey, Yeboah-Amankwah will be responsible for Intel’s global strategy… Continue reading Yeboah-Amankwah takes over at Intel Capital
Prologis ships Data.world round
Data.world, a US-based data collaboration software developer and B corporation, has raised $26m in its series D round from a consortium including Prologis Ventures, the corporate venturing unit behind the owner of Walmart’s retail stores. The latest capital puts the total raised by Data.world at $71.3m. Venture capital firm Tech Pioneers Fund led the round,… Continue reading Prologis ships Data.world round
CGC plants Brightseed deal
Brightseed, a US-based company identifying the presence of plant nutrients, has raised $27m from a consortium including CGC Ventures, the corporate venturing unit of Continental Grain Company. Venture capital firms Lewis & Clark AgriFood, Seed 2 Growth Ventures, Horizons Ventures, Fifty Years, Germin8 and AgFunder joined the round. The company had prior undisclosed funding and was… Continue reading CGC plants Brightseed deal
SafetyCulture snaps up with portfolio company EdApp
Australia-based workplace safety technology provider SafetyCulture has acquired its local portfolio company, microlearning platform developer EdApp. News provider Sydney Morning Herald said the acquisition valued EdApp at A$40m. In September last year, SafetyCulture invested A$4.25m ($2.9m) in EdApp. The investment followed a previous SafetyCulture-led $2.9m round for the company in September 2018. SafetyCulture itself raised… Continue reading SafetyCulture snaps up with portfolio company EdApp
Sense360 exits to Medallia
Medallia, a New York-listed experience management company, has acquired Sense360, a US-based retail data analysis provider backed by Qualcomm Ventures, the corporate venturing arm of semiconductor producer Qualcomm, for up to $44m in cash. In April 2017, Sense360 raised $7m in a series A round that included Qualcomm Ventures and led by existing investor Firstmark… Continue reading Sense360 exits to Medallia
BrandTotal raises $12m with KDC
BrandTotal, a US and Israel-based brand marketing analytics company, has raised $12m in its series B round from a consortium including KDC Media Fund, a corporate venturing joint venture between Keshet, an Israel-based broadcaster, and Dick Clark Productions, the US’s biggest production company for non-scripted TV shows. The Series B round was led by venture capital firm… Continue reading BrandTotal raises $12m with KDC
Idriverplus extends C round with almost $15m
Idriverplus, a China-based, corporate venturing-backed supplier of driverless vehicle and robotics systems, has raised more than RMB100m ($14.6m) in an extended series C round from investment firms Xin Ding Capital and Huaxia Weiming Investment. In May, Idriverplus raised an eight-figure dollar sum in a series C1 round led by Hopu-Arm Innovation Fund, a venture capital… Continue reading Idriverplus extends C round with almost $15m
Powerlist Q&A – Gen Tsuchikawa, Sony Innovation Fund
Q&A with Gen Tsuchikawa, CEO and CIO, Sony Innovation Fund and Innovation Growth Ventures
How risky are traditional industrials?
Sweden-listed investment holding company Kinnevik’s history is one of pivots.
Grail spins back into Illumina for $8bn
Two weeks after filing to go public, Grail has instead accepted an $8bn acquisition offer from Illumina, which had spun off the cancer diagnostics technology developer five years ago.
WM Motor wins over investors for $1.47bn series D
Baidu, Tencent and China Minmetals-backed electric vehicle producer WM Motor has raised $1.47bn in a series D round to support R&D, marketing and sales activities.
Zhonggu Logistics to move onto stock exchange
Zhonggu Logistics has filed for a $218m on the Shanghai Stock Exchange, providing exits to Zhonggu Shipping and SoftBank.
Panlin picks up $148m fund
Unnamed corporates have provided capital for Panlin’s $148m fund that will focus on healthcare, digital transformation and smart hardware.