The Novo, Pfizer and Nan Fung-backed oncology therapy developer priced an upsized offering above its range and is now valued above $1bn.
Month: February 2021
Oscar arcs to IPO filing
Alphabet and Ping An are in line for exits after the online health insurer filed to float on the New York Stock Exchange.
SoftBank nudges Vision Fund companies towards IPO
SoftBank’s Vision Fund is reportedly urging some of its larger portfolio companies to seek initial public offerings during a bull market.
Stash stores $125m in series G round
LendingTree-backed finance and investment platform operator Stash’s latest round took its total funding to $417m and valued it at $1.4bn.
Veracyte decides on $600m Decipher Biosciences purchase
Merck & Co and UnitedHealth Group are set to exit the urologic cancer diagnostics technology provider in an acquisition by Veracyte.
Sensei graduates to $133m IPO
The Cambrian Biopharma-backed cancer treatment developer floated above its range in an offering on the Nasdaq Global Market.
Coterie completes series A-1 round
Intact Ventures led an $11.5m round for the business insurance software provider that was also backed by Lackawanna Insurance Group.
Analysis: Robinhood raises $3.4bn
The share trading platform operator reportedly secured a combination of equity and debt funding to face obligations arising from the recent stock market frenzy.
SoftBank helps Igah Ventures to $130m
SoftBank was among the contributors to the $130m raised by the venture firm, created through the merger of Joa Investimentos and E.bricks Ventures.
NexWafe shines in $12m series B
Saudi Aramco Energy Ventures returned to contribute to a round that will support development of a pilot version of NexWafe’s solar wafer production technology.
Samsung shakes up US innovation subsidiaries
Young Sohn is retiring while Luc Julia is leaving as Sean Kae and David Lee step up and into Samsung Catalyst and Samsung Next respectively.
Tencent tops up Vision Medicals series C round
Gene-sequencing technology developer Vision Medicals has completed a $30.9m round led by Tencent that took its total funding to approximately $74m.
Corporate venturing deal net: 1-5 February 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Editorial: Samsung’s brilliance
Young Sohn’s move creates platform for further growth