AAA March 2021 – Page 3

OncoResponse finds $40.6m C round

OncoResponse, a US-based immunotherapy developer for cancer, has raised $40.6m in its series C round from a consortium including 3B Future Health Fund (Helsinn Investment Fund), the investment vehicle for cancer drug developer Helsinn Group. Magnetar Group, Yonjin Venture and Bering Capital joined ther C round as new investors along with existing shareholders, RiverVest Venture… Continue reading OncoResponse finds $40.6m C round

Productiv finds Okta for $45m C round

Productiv, a US-based software engagement analytics platform developer, has raised $45m in its series C round from a consortium including Okta Ventures, the $50m corporate venturing vehicle launched by identity management technology developer Okta, and new strategic investor Atlassian Ventures. Venture capital firms IVP, which led the round, Accel and Norwest Venture Partners also participated. During the… Continue reading Productiv finds Okta for $45m C round

Striim collects $50m C round

Striim, a US-based data integration and analytics technology provider, has raised $50m in its series C round from a consortium including corporate venturing units of computer maker Dell and Germany-based industrial group Robert Bosch. Investment bank Goldman Sachs’s $8bn Growth Equity unit led the round, which also included venture capital firms Summit Partners and Atlantic… Continue reading Striim collects $50m C round

Cresta serves Porsche with round

Cresta, a US-based developer of smart customer service software, has raised $50m in its series B round from a consortium including media investment bank Allen & Company. Venture capital firms Sequoia Capital, which led the round, Greylock Partners and Andreessen Horowitz, also participated alongside Porsche Ventures. In February, carmaker Porsche invested an undisclosed amount in… Continue reading Cresta serves Porsche with round

UnitedMasters adds $50m B round

UnitedMasters, a US-based music distribution platform for independent artists founded by industry veteran Steve Stoute, has raised $50m in its series B round from a consortium led by US-listed computer company Apple. Alphabet, a US-listed conglomerate and owner of YouTube video platform, and venture capital firm Andreessen Horowitz (A16Z) reinvested in the B round. Launched… Continue reading UnitedMasters adds $50m B round

Stord brings on Salesforce and Lineage

Stord, a US-based logistics company, has raised $65m in its series C round from a consortium including Salesforce Ventures, the corporate venturing unit of US-listed sales software platform Salesforce, and international warehousing and logistics company Lineage Logistics. Venture capital firms, Bond, which led the round, Founders Fund, Susa Ventures and Dynamo also participated. Stord said… Continue reading Stord brings on Salesforce and Lineage

Zapp adds $100m

Zapp, a UK-based delivery service, has raised a reported $100m from a consortium including Germany-based media group Burda, TechCrunch said. Venture capital firms Lightspeed, 468 Capital and Atomico and angel investors Mato Peric, Christopher North and Stefan Smalla invested in Zapp’s unannounced series A round. Zapp has raised $100m in total, including an earlier seed… Continue reading Zapp adds $100m

Manticore games with $100m

Manticore Games, a US-based games platform developer, has raised $100m in its series C round from a consortium including Japan-listed conglomerate SoftBank’s Vision Fund 2 and Epic Games, developer of the Fortnite game. Gaurav Kapadia’s investment firm XN led the round, with participation also coming from VC firms LVP, Benchmark, Bitkraft Opportunity Fund and Correlation… Continue reading Manticore games with $100m

Entrada adds $116m B round

Entrada Therapeutics, a US-based drug delivery platform developer, has raised $116m in its series B round from a consortium including CureDuchenne Ventures, the investment arm of CureDuchenne, a national nonprofit dedicated to curing Duchenne muscular dystrophy. Fund manager Wellington Management led the round and was joined by VC firms Redmile Group, TCG Crossover, Greenspring Associates,… Continue reading Entrada adds $116m B round

Uniphore raises $140m D round

Uniphore, a US- and India-based speech recognition technology developer, has raised $140m in its series D round from a consortium including Cisco Investments, the corporate venturing and acquisitions group of US-listed network equipment supplier Cisco. Venture capital fund Sorenson Capital Partners led the round, which also included additional new investors Serena Capital and Sanabil Investments,… Continue reading Uniphore raises $140m D round

Harry’s shaves with E round

Harry’s, the US-based razor retailer backed by beauty product distributor Grace Beauty, has reportedly raised $155m in its series E round led by financial investors Bain Capital and Macquarie Capital, according to Forbes. At a reported $1.7bn valuation for the round, this puts the retailer’s value above the price of the blocked $1.37bn acquisition by Edgewell last year as sales… Continue reading Harry’s shaves with E round

PHC raises $181m from L Catterton

PHC, a Japan-based healthcare brands company backed by local conglomerates Mitsubishi Chemical and Panasonic, has raised Y20bn ($181m) from consumer-focused private equity firm L Catterton. PHC’s existing shareholders include private equity firm Kohlberg Kravis Roberts, financial services group Mitsui Life Science Institute, (a member of the Mitsubishi Chemical Holdings Group) and Panasonic. L Catterton has previously backed… Continue reading PHC raises $181m from L Catterton

British Airways flies to ZeroAvia

ZeroAvia, a UK- and US-based zero-emission plane maker, has added $24.3m to support the development of a 2MW hydrogen-electric engine. Hong Kong-based venture capital firm Horizons Ventures, an existing investor and the family office for Li Ka-shing, former chairman of conglomerate CK Hutchison, led the latest funding round and was joined by new investor in… Continue reading British Airways flies to ZeroAvia

Ethic brings in $29m

Ethic, a US-based asset management platform for financial advisers, has raised $29m in its series B round from a consortium including mutual fund manager Fidelity Investments. Venture capital firm Oak HC/FT led the round, with participation from existing investors including VC peers Nyca Partners, Sound Ventures, ThirdStream Partners, Urban Innovation Fund and Kapor Capital. Founded… Continue reading Ethic brings in $29m