Cisco Investments and Google have both made early-stage bets on Isovalent, a developer of cloud networking management and security tools.
Month: November 2020
ACSL takes flight with corporate venturing fund
The unmanned aerial vehicle developer is set to launch a $9.5m vehicle next month that will invest in startups working on areas related to its main business.
Corporates help Ffit8 confect series A round
Bertelsmann Asia Investments led a round sized at tens of millions of dollars for the protein-based food manufacturer, investing alongside Fosun RZ Capital, Houwei Capital and Microidea.
Aixuexi accepts $200m
Sovereign wealth fund led a series D2 round for livestreamed education provider Aixuexi Education Group almost a year after an investment by Tencent.
Menlo Security locks down $100m
The American Express, HSBC and Ericsson-backed anti-malware software provider’s series E round has valued it at $800m.
Bentley Systems births $100m investment fund
Bentley iTwin Ventures is managed by Touchdown Ventures and will make strategic investments of up to $5m on behalf of its infrastructure software provider parent.
Silverback goes for IPO gold
The cancer immunothrapy developer has filed to raise up to $100m in an offering that will follow $211m from backers including Celgene and Bristol-Myers Squibb.
Neuros Medical brainstorms $37m
Boston Scientific-backed pain relief implant developer Neuros has now raised about $70m in total and is targeting $42.8m in its latest round.
Adagio Therapeutics adds $80m
Adagio has raised money in a GV-led series B round that will support the entry of its covid-19 drug candidate into clinical trials early next year.
Zilberman splits from Comcast
Dave Zilberman has taken up a general partner position at Norwest Venture Partners after nearly 15 years as a managing director at Comcast Ventures and its predecessor.
Seedcamp sees its way to $103m Fund V
Seed-stage investment platform Seedcamp has attracted Legal & General and Rabobank to its fifth fund as two of about 80 limited partners.
Colopl Next and DT&I close joint fund
The $55m Next Unicorn Fund has a mandate to participate in pre-series A to series B rounds for startups based in South Korea and eventually in Southeast Asia.
RongCloud rings up series D funding
The Alibaba-backed Electronic World Trade Platform co-led an eight-figure dollar round that will support cloud software developer RongCloud’s technology and international growth plans.
Kinetic moves to series A stage
Prologis Ventures and Nationwide Ventures both contributed to an $11.3m round for industrial safety device provider Kinetic.