Wells Fargo Innovation Incubator’s first agriculture technology-themed batch includes startups focused on crop protection, cultured plant cells and automated crop breeding.
Author: Callum Cyrus
Zentalis sets up Zentera with $20m
Zentera Therapeutics has been spun off by oncology therapy developer Zentalis Pharmaceuticals with a series A round led by Tybourne Capital Management.
Liberty Global powers on Liberty Charge
Liberty Global’s corporate venturing unit owns half of a newly formed venture aimed at building electric vehicle charging points using underground telecommunications wiring.
Source Defense secures series A-plus capital
Capital One Ventures was among the participants as e-commerce focused cybersecurity provider Source Defense sealed $10.5m of series A funding.
Hugo hatches $10m fund
Hugo, an on-demand delivery and services provider focused on Central America and the Caribbean, intends to channel up to $10m into the vehicle.
Gatt gets series B funding
Johnson & Johnson Innovation – JJDC was among the investors in an $11.7m round for blood sealant technology developer Gatt Technologies.
Novastar accesses Axa for $108m fund
Axa Impact Fund is among the LPs for Africa-based venture firm Northstar Ventures’ second vehicle, having also backed its $80m first fund five years ago.
AI and software development: the need for bespoke tools
Four-year growth of CVC-backed rounds for AI software, power shifts to cloud providers, specialised AI emerges for sectors
Hopper makes $70m leap
Citi Ventures-backed travel-price forecasting service Hopper has secured funding at a flat valuation after a 2018 round that reportedly valued it at $750m.
Apple nets NextVR in confirmed purchase
NetEase, SoftBank, Time Warner, Madison Square Garden, Dick Clark Productions, Citic Guoan, Founder Group and Comcast have all exited the VR viewing platform at a reduced valuation.
Dathena secures $12m in series A round
MS&AD Ventures returned for a round that will help data compliance technology provider Dathena beef up its headcount and research and development activities.
Spark Systems cashes in series B2 funding
Citi, HSBC and Goldman Sach contributed to a $10.5m round for the forex trading platform developer in a round set to fund training and product development.
Commsat sets up $38m series B
Aviation Industry Corporation of China invested in the industrial internet-of-things satellite operator Commsat’s latest round to bring its overall funding to $68.2m.
Wallbox covers extra series A capital
An Iberdrola-backed series A round for Wallbox has reached a $24.8m second close to fund the EV charging business’s expansion in North America and China.