The US-based cell and gene therapy tool producer has teamed up with Casdin Capital to launch a bioproduction accelerator having recently backed two biotech startups.
Author: Edison Fu
Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Plum gets picked to raise $20m
The second-hand goods trading platform has completed a $20m series B-plus round co-led by Recruit and will use the proceeds to expand its product range.
Securitize extends series A
KDDI, Mitsui Fudosan, Banco Santander, Mitsubishi UFJ and Nomura are among the investors that have provided $14m in a series A extension round, taking the round to $26.5m.
Diverse voices
Ahead of this month’s launch of GCV’s Diversity and Inclusion report, experts on the GCV Leadership Society D&I committee share their journeys
Innovative region: New York
New York has one of the most vital tech ecosystems in the world, with Silicon Alley in Manhattan said to be the east coast’s answer to Silicon Valley.
Hu shoots to JD.com
Jason Hu, who held executive roles at Cathay Capital and CDH Investments for more than a decade, has joined JD.com as head of strategic investment.
McRock Capital makes first close for second fund
Limited partners including Cisco Investments and Shell have helped McRock Fund II achieve a $60.9m close, putting it 80% of the way to its target.
Marketing Architects builds corporate venturing unit
The advertising agency has set up Zoomworks Ventures to back marketing and advertising technology startups and has already made its first three investments.
Corporates help GCPJ score second fund
Sompo, Mitsubishi UFJ Trust, Kansai Electric Power, Suzuyo, NEC, Bridgestone, Yamaha Motor and Lion are among the LPs that contributed to Global Catalyst Partners Japan’s $75.4m fund.
Fund in the News: Eurofarma
GCV Rising Star Paulo Braga, who leads Eurofarma’s corporate venturing fund, has spoken to Global Corporate Venturing about the unit’s focus.
GMS mobilises $16m in series D funding
Credit Saison, Ogaki Kyoritsu and Nippon Care Supply took part in a Denso-led round that increased the automotive loan provider’s overall funding to nearly $35m.
Tongcheng Life takes in $100m
Legend Capital led a $100m round for social commerce platform Tongcheng Life that also featured existing backer Bertelsmann Asia Investments.
Nuanwa nabs $14m
The insurance analytics platform, incubated by insurer ZhongAn, has raised cash from Sequoia Capital China and Kuanping Capital.
Oct builds series B round higher
The construction site communication app developer has boosted a round featuring Salesforce Ventures and Globis Capital Partners to $18.8m.