Orange Ventures has been spun off into an independent venture firm with an extra $426m from its former parent company, and added Mathieu de La Rochefoucauld as managing partner.
Month: January 2021
EQRx extracts $500m from investors
GV and Nextech contributed to a series B round that boosted the affordable pharmaceutical developer’s overall funding to $750m.
Sanofi to snap up Kymab
Hepalink will exit the immune and inflammatory disease drug developer in an acquisition that could reach $1.45bn in size.
Bakkt acts on reverse merger deal
Microsoft, PayU and Boston Consulting Group are among the investors in digital currency platform developer Bakkt, which will list in a reverse merger set to value it at $2.1bn.
Jobandtalent expands series C to $203m
Temporary staffing portal Jobandtalent has added $108m to its latest round from investors including Seek to take its total funding to roughly $290m.
Mambu ambles to $135m round
The Commerzbank-backed financial services software provider’s valuation now tops $2bn, TCV having led its latest round.
Abbisko absorbs $123m in series D round
Lilly Asia Ventures, a regional corporate venturing subsidiary of pharmaceutical firm Eli Lilly, reinvested in a round set to accelerate development of Abbisko’s cancer-focused drug candidates.
Tencent sends $100m to Xingsheng Youxuan
Group buying service Xingsheng Youxuan raised the money at a $5bn valuation and has reportedly secured upwards of $1.8bn in the past 18 months.
BHP helps pour $50m into Boston Metal
BHP Ventures is co-leading the steel manufacturing technology developer’s series B round, which has a $60m target for its close.
Hipcamp pins down $57m
The O’Reilly Media-backed online campsite booking service achieved a $300m valuation in a series C round featuring Index Ventures and Bond Capital.
LifeMine Therapeutics lands $50m
GV, MRL Ventures Fund and WuXi Healthcare Ventures participated in a series B round that lifted the small molecule therapy developer’s overall funding to $120m.
Perfect Corp pockets $50m
CyberLink has reinvested in the beauty product sampling service through a series C round that was led by Goldman Sachs.
Allegion acquires portfolio company Yonomi
Allegion paid an undisclosed amount for the IoT cloud platform developer having participated in its $5m series A round in 2018.
Aspen RxHealth attracts $23m in series B
Takeda Digital Ventures, Humana, McKesson Ventures and dRx Capital backed the online pharmacy platform developer’s series B round.