Santander’s newly-spun out venture capital arm Mouro Capital has joined the investor consortium of Europe-focused startup loans provider Uncapped.
Author: Callum Cyrus
Siolta surges to $30m series B
Siolta Therapeutics picked up SymBiosis and Kirin Holdings in a round set to fund efficacy trials of its potential asthma treatment.
Willow pumps $55m round
Willow, which markets discreet breastfeeding pump technology, reportedly counts Johnson & Johnson Innovation – JJDC as an investor.
Virogin Biotech transmits $62m series C
Backed by Sinopharm Capital previously, Virogin Biotech will invest the series C proceeds in its clinical drug programmes and securing industry partnerships.
Outschool passes $45m series B test
Sesame Workshop’s online education portfolio company has raised fresh funding to seize on higher demand during the coronavirus pandemic.
Carlyle Group to screen TriNetX for acquisition
TriNetX had raised $102m in funding from investors including Merck & Co, Mitsui and Itochu before agreeing to a purchase by Carlyle.
Corporates meet Novellus in $57m series C
Precision cancer drug developer Novellus boosted its funding total to $75.5m with a round featuring SR One and Novartis Venture Fund.
Escient becomes recipient of series B funding
The autoreactive and neuro-inflammatory disease therapy developer closed a $77.5m round co-led by Sanofi Ventures that took its total funding to more than $117m.
Escape Bio escalates funding with $73m
The precision medicine developer attracted returning investors Novo, Novartis Venture Fund and Johnson & Johnson Innovation – JJDC for a crossover financing round.
EODev generates first funding round
Accor Group, Groupe Monnoyeur and Thélem Assurances have all backed marine hydrogen generator and fuel business EODev, an offshoot of Energy Observer.
XP executes $1.5bn corporate venturing plan
Investment manager XP has allocated up to $1.5bn in capital for a strategic investment fund dubbed XP Ventures.
ITV to screen startups with Studio 55 Ventures
Eight media-related startups will each receive almost $13,000 from broadcaster ITV through a newly formed accelerator-oriented initiative.
Accenture announces Black Founders Development Fund
Black Founders Development Fund will make early-stage investments to drive Accenture Ventures’ engagement with black entrepreneurs.
PolyTech pulls in Fos4X
Equinor has exited wind power technology provider Fos4X in an acquisition by PolyTech that followed at least $12.5m in venture funding.