Innovative region: United Kingdom
Author: Edison Fu
Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Terra Drone unearths series A
Inpex and Nanto CVC have backed a $14.3m round for the drone services company, which has itself already conducted corporate venturing deals.
Binhui Biotech brings in series C funding
The Lepu-backed genetic cancer therapy developer has completed a $94.9m round co-led by CICC Capital, Share Capital, Vertex Ventures China and Qianhai FOF.
Emerging Leaders Q&A – Tiffine Wang, MS&AD Ventures
Q&A with Tiffine Wang, investment partner, MS&AD Ventures
RapidSOS rescues $85m in series C round
The AAA, CSAA, Microsoft and Motorola Solutions-backed emergency response software developer’s latest round, led by Insight Partners, brought its total funding to $200m.
PGDx picks up $103m in series C
The round brought the total raised by the oncology diagnostics technology developer, backed by Bristol Myers Squibb, Helsinn and Inova Health, to $244m.
Asahi Kasei kicks off China investment fund
The chemicals and materials conglomerate’s regional vehicle will back IoT and automotive startups in China, having already committed to a local growth fund.
Coconala concocts IPO plans
Adways, Fidelity, Nissay Capital, Opt, SMBC Venture Capital and Voyage Ventures are all set to exit the C2C skills marketplace operator in an offering on TSE’s Mothers Market.
Waresix stores $74m in series B funding
Oko Markets was among the backers in a $1.9m close of the logistics technology developer’s series B round, which already included Emtek, EV Growth and SoftBank Ventures Asia.
Rising Stars Q&A – Xin Ma, Total Carbon Neutrality Ventures
Q&A with Xin Ma, managing director of Asia platform, TCNV
Nexthink executes $180m series D round
Permira led the Mannai-backed work experience software provider’s latest round, the funding being raised at a valuation of $1.1bn.
Dailyhunt chases down $100m in series H
The ByteDance, Google and Microsoft-backed owner of news aggregator platform DailyHunt was valued above $1bn as of two months ago.
Stash stores $125m in series G round
LendingTree-backed finance and investment platform operator Stash’s latest round took its total funding to $417m and valued it at $1.4bn.
Veracyte decides on $600m Decipher Biosciences purchase
Merck & Co and UnitedHealth Group are set to exit the urologic cancer diagnostics technology provider in an acquisition by Veracyte.