ABB’s restructuring drive has created a new role for Malin Carlstrom as head of ventures, ABB Electrification
Month: October 2020
Q32 Bio counts corporates into $60m series B
Sanofi Ventures and Children’s Hospital Colorado have returned to back Q32 Bio, an immune regulation-focused university spinout that has now raised at least $106m to date.
Streetbees sees its way to $40m
GMG Ventures came onboard for the market research provider’s series B round, which was led by venture firm Lakestar.
Outrider parks $65m series B
Kraft Heinz’s corporate venturing subsidiary joined counterparts at existing investors Koch and Prologis to bring the logistics automation technology producer’s total funding to $118m.
Hepalink helps out ORI fund with $40m
ORI Healthcare Fund II has a target of $400m and pharmaceutical firm Hepalink could potentially provide up to $80m for the vehicle.
Gauss gets series C round to $30m
4100 Group led an extension to the healthcare AI technology provider’s latest round and was joined by several existing corporate investors.
Wypler joins QBE Ventures
QBE’s venture capital arm has hired Daniel Wypler after more than two years at ANZi Ventures where he made 17 investments on behalf of the unit.
Juganu reconnects to corporates for another $18m
Comcast Ventures and Amdocs returned for the connected lighting system developer’s series C round having backed a $12m round in April.
Salesforce helps supply Salto with $27m
The application management platform develoer has publicly launched with $27m in a series A round co-led by Salesforce Ventures.
Dell helps deliver $25m to Toka
Dell Technologies Capital returned for the cyber intelligence provider’s series B round having first backed the startup two years ago.
TPB backs Dosist with cash and distribution
Turning Point Brands has supplied $15m for cannabinoid health product developer Dosist through a co-development and distribution pact.
Skan uncovers $14m series A
Citi Ventures and Bloomberg Beta were among the participants in the enterprise information software developer’s series A round.
StrongDM accesses series A funding
Bloomberg Beta and HearstLab-backed IT authorisation tool developer StrongDM has added $17m to the $5m it had previously raised.
Finding the best investors
Discussion at the GCV Digital Forum 2.0 last month about Including Both Halves of Society heard Lara Koole, partner at Netherlands-based conglomerate Philips’ corporate venturing unit, describe how it could start using its limited partner commitments to look at the underlying diversity of the venture funds’ general partners.