SoftBank Vision Fund 2 led the physical training technology provider’s latest round, which took its total funding to $300m.
Month: April 2021
Arcellx amasses $115m in series C round
Cambrian Biopharma, LG, GlaxoSmithKline, Novo and Takeda all invested in the cell therapy developer to help it close its series C round.
Corporates help Remiges close $95m fund
Taiho has reupped its commitment to the venture firm’s second fund, which is also backed by EA Pharma and Senju and which has closed at $95m.
Phoenix Group lands on corporate venturing fund
The insurer has made an initial $137m commitment to its newly formed Phoenix Venture Capital Partners unit, which will back ESG-minded entrepreneurs in the UK.
Clearcover coasts to $200m series D
American Family and Cox Enterprises have helped the digital insurance provider reach a unicorn valuation and take its overall funding to $329m.
Repertoire Immune Medicines gets $189m result
Vision Fund 2 participated in a series B round for the gene therapy developer, formed through the 2019 merger of Torque Therapeutics and Cogen Immune Medicine.
Jaguar Gene Therapy roars to $139m
Gene therapy developer Jaguar has completed a series B round co-led by Eli Lilly and Deerfield Management.
Aphea.Bio harvests more series B funding
ECBF has provided an extension for the pesticide and crop stimulant provider’s Group De Ceuster-bacekd series B round, which now stands at $21.8m.
RO Group rolls out investment arm
The RO Group has formed an investment subsidiary to back property, financial and clean technology developers.
Xiaomi unveils plans for innovation research fund
Consumer electronics producer Xiaomi has announced it intends to launch a new innovation research fund based at Tsinghua University.
Daily Deal Round Up: April 13, 2021
SafeGuard Cyber has raised $45m in a Cisco-backed debt and equity round while Pine Labs has paid the same amount to buy portfolio company Fave.
Focus on social media and networks
Netherlands-listed technology investor Prosus, formed out of the corporate venturing assets collected by South Africa-listed media group Naspers, has sold 2% of China-based gaming and social media group Tencent for $14.7bn.
Rising Stars Q&A – Sheena Jindal, Comcast Ventures
Q&A with Sheena Jindal, principal, Comcast Ventures
Grab takes reverse merger option
The on-demand ride provider, backed by more than a dozen corporates, has secured a $39.6bn initial pro-forma equity valuation in the deal.