The Regeneron, Alphabet and GlaxoSmithKline-backed hearing loss therapy developer has filed to raise up to $75m in its initial public offering.
Month: January 2021
Plexium extends series A to $63m
Nan Fung Life Sciences’ Pivotal BioVenture Partners co-led a $35m extension to the cancer therapy developer’s series A round.
Encodia decodes $75m series C
Northpond and Deerfield have co-led a $75m series C round for protein analysis system developer Encodia that included GV and Nan Fung Life Sciences.
Keio Innovation Initiative catches Eisai backing
KII’s Eisai-backed second fund has closed a $99.3m second fund more than double the size of its predecessor, which closed at $43m five years ago.
Cisco vaults into Valtix
Cisco Investments contributed to round bringing the cloud security platform developer’s total funding to over $26m.
Miinto mints new round
The RTL Ventures-backed fashion e-commerce platform will use the $24.2m it has raised to grow internationally and boost its technology and product development.
Sounding Board sources $13m for series A
The leadership coaching service plans to grow its product and engineering operations after securing new funding from investors including Bloomberg Beta.
Routhier finds route to Stanley Ventures president role
GCV’s top Emerging Leader in 2021, Dina Routhier, has ascended to lead the tool manufacturer’s corporate venturing efforts.
Sood sorts out Bertelsmann promotion
Rohit Sood has been made a partner for the media conglomerate’s India-based corporate venture capital unit after nine years as a principal.
Focus on large acquisitions
A lot of focus in large acquisitions is on the price paid, the entrepreneurs’ stories and returns to the investors and their added-value support to the portfolio companies.
Huohua Siwei hikes series E funding to $400m
The online education provider has secured $150m in series E3 funding from investors including Tencent at a $1.5bn post-money valuation.
Uisee drives itself to $154m
The Chinese government’s National Manufacturing Transformation and Upgrade Fund took part in a $154m round for the Robert Bosch-backed driverless car technology producer.
Lacera places $100m at Lilly Asia Ventures
The firm’s LAV Fund VI and LAV Fund VI Opportunities funds have been supplied by $100m from Los Angeles County Employees Retirement Association.
Loon comes back down to earth
Google X’s balloon internet spinoff is shutting down despite raising $125m from corporate joint venture HapsMobile in 2019.