The Qilu Pharmaceutical-backed cancer, immune disorder and metabolic disease drug developer has closed a series B round led by Lilly Asia Ventures.
Month: February 2021
Varo banks $63m
The Progressive-backed digital banking technology provider has now secured at least $482m in total, with Russell Westbrook Enterprises leading its latest round.
Elicio elevates series B to $73m
The Livzon-backed cancer and infectious disease therapy developer has added $40m to a round that will support the progression of its lead candidate toward clinical trials.
vArmour receives $58m funding boost
Telstra and Standard Chartered Ventures helped the cloud security software provider hike its overall funding to about $185m.
Abound accomplishes series A close
Red Antler participated in a $22.9m round for the wholsale goods marketplace, representing its first institutional funding.
Analysis: SpaceX takes $850m round
Spacecraft manufacturer SpaceX reached a $74bn valuation, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.
Acast acquires RadioPublic
The New York Times, Automattic, WGBH, American Public Media, McClatchy, Graham Holdings and Bose have exited the podcasting platform developer through the deal.
Industrious finds space for CBRE
CBRE Group, a US-listed real estate services company, has acquired a 35% stake in local co-working space provider Industrious. CBRE paid about $200m in cash for primary and secondary shares in Industrious and said it would buy another 5% stake in the company in the next few weeks, lifting its stake to 40%. It is also… Continue reading Industrious finds space for CBRE
Google spreads the wealth
Google has disclosed $75m in financing commitments to equity and debt initiatives in areas including Europe and Latin America.
Ginserv picks 18 for incubator
Girish Hiremath, chief operating officer at Ginserv, said being part the Mysuru-based JSS group would be a help to the startups.
Harrington Discovery Institute starts impact fund
Advent Life Sciences will manage an impact investment vehicle for Harrington Discovery Institute.
MedPilot lands at Vytalize
MedPilot, a developer of healthcare revenue management software, has been acquired after raising $3.6m from backers including Cedars-Sinai Accelerator.
Vogo pogos to series C extension
The Ola-backed urban mobility platform developer has added $11.5m to the $19m in series C funding it secured early last year.
Carevive Systems closes $18m series C
The cancer treatment technology developer’s series C was led by Philips Health Technology Ventures and backed by Debiopharm and Cerner.