Xerox has appointed Faraz Hoodbhoy vice-president of commercialisation and operations at its Parc innovation division.
Month: August 2021
Boeing spins off HorizonX with AE Industrial
The current HorizonX Ventures team, led by Brian Schettler since its launch, will move to AEI HorizonX with its current portfolio.
Angelini Pharma commits to Lumira-managed funds
The Angelini Lumira Biosciences Fund will invest in early-stage companies in Canada and the US.
Daily Deal Round Up: August 6, 2021
JD Health has backed a $93m series D round for Rimag, while a couple of India-based startups delivered exits.
Hopin hatches $450m series D plan
Salesforce and Slack were among a consortium of new and existing backers for Hopin’s series D round, which comes only five months after a $400m series C.
Bukalapak packs up $7.6bn market cap
The Ant Group, Aucfan, Emtek, Gree, Microsoft and Naver-backed digital marketplace owner’s shares on IDX jumped 25% on the first day of trading.
Deere undertakes Bear Flag purchase
John Deere is paying $250m to buy the AgFunder-backed self-driving tractor system developer.
MindTickle wins $100m at $1.2bn valuation
The sales training software developer has now raised $281m in total, with SoftBank and Qualcomm returning for its series E round.
Joinn Biologics enters $150m series B
The China Union-backed drug contract manufacturer has raised the funding approximately a year and a half after a $60m series A.
Best Buy commits $10m to BIPOC firm
Best Buy also plans to work together with Brown Venture Group to develop a stronger community of diverse suppliers and launch an entrepreneurial partnership programme.
Arise attracts Metrodata Electronics
The fund has achieved a first close towards its $40m target, having been formed by MDI Ventures and Finch Capital in November last year.
Trimble constructs $200m corporate venturing fund
The engineering technology provider’s newly formed Trimble Ventures unit will target startups and scale-ups working on technologies strategic to its existing industrial businesses.
FullStory goes on with $103m series D
GV, Dell Technologies Capital and Salesforce Ventures have all returned to back the digital experience tracking service’s latest round, which valued it at $1.8bn.
Bayer to buy Vividion for $1.5bn
Bayer is set to acquire the precision therapeutics developer backed by Alexandria Venture Investments, Celgene and SoftBank, with another $500m in milestone payments up for grabs.