Novel, PayPal and Qualcomm-backed Viva Republica almost doubled its valuation to $2.2bn and has now raised more than $260m altogether.
Author: Callum Cyrus
Hillrom inhales Breathe Technologies in $130m deal
Hillrom is paying $130m to snap up Johnson & Johnson-backed respiratory therapy system developer Breathe, which had raised at least $62m in funding.
Cleave Therapeutics clasps $12m
Celgene and Astellas Venture Management each supplied a portion of the round to bring the Caltech-founded cancer drug developer’s lifetime funding to $92m.
Bondent gets its teeth into series D funding
Legend Capital and Xiamen C&D have contributed to a nine-figure renminbi round that will fund international growth and R&D for dentistry services provider Bondent Technology.
Axa’s Gao goes to Sapphire Ventures
Cathy Gao has called time on her tenure at corporate venturing unit Axa Venture Partners to take a vice-president position at Sapphire Ventures.
Thinkstep reaches Sphera in acquisition deal
Enterprise sustainability software developer Thinkstep has been bought by risk management consultancy Sphera after raising more than $23m from investors including Siemens.
NextTech initiates $10m fund
E-commerce group NextTech has put $10m into a corporate venturing fund that will make investments in Vietnam’s tech startup ecosystem.
Jobble signs off on $11m round
Axa Venture Partners has co-led a $11m round for temp work recruitment platform Jobble that will support recruitment, sales and marketing activities.
Hinova gets over with $40m series B
Fosun Capital co-led a round for prostate cancer and gout drug developer Hinova Pharma, which had previously raised capital in 2014 and 2017.
Kibo seeks corporates for $111m fund
Kibo Ventures will aim to lure follow-on contributions from corporate investors from its first two digital-focused VC funds, which include Telefónica Open Future and La Caixa’s CriteriaCaixa.
Mingdu mingles with Red Star Macalline in series A
Red Star Macalline has invested in drug manufacturing services provider Mingdu Intelligent as part of a round that will fund the latter’s R&D marketing efforts.
Shenzhen Capital cases corporates for $290m healthcare fund
Industrial Bank and Ping An Insurance Real Estate Investment are among the limited partners for a healthcare-focused fund launched by Shenzhen Capital that is targeting a $116m first close.
Hipcamp hops to $25m series B
Campsite-booking service Hipcamp secured the cash at a $127m valuation, with OATV returning for a round that was led by Andreessen Horowitz.
X-Vax packs $56m into series A round
Johnson & Johnson, Alexandria Venture Investments and Serum Institute of India contributed to the first round to be disclosed by herpes vaccine developer X-Vax Technology.