Phathom Pharmaceuticals has been launched with $140m in debt and equity financing to commercialise a gastrointestinal disease drug licensed from Takeda.
Author: Jack Hammond
Xinning Logistics packs up JD.com funding
JD.com subsidiary JD Logistics has formed a strategic partnership with the logistics services platform in connection with a $54.7m investment.
DigiLens augments series C round to $50m close
Samsung and UDC Ventures joined investors including Continental, Sony, Mitsubishi Chemical and Niantic in optics technology provider DigiLens’ series C round.
Honda helps Moixa store new funding
Honda led an $11.1m round for the solar power battery and software developer that also featured existing investor Itochu.
Cynora lights up $25m series C
The OLED technology and materials producer has reached the first close of a Samsung and LG Display-backed round that boosted its overall funding to $80m.
Corporates pump more capital into Phyn
The intelligent leak-detection technology developer has received an additional $6m from each of its corporate owners, Belkin and Uponor.
Moneysupermarket puts down investment in Flagstone
Moneysupermarket was among the participants in a $14.3m round for the cash deposit diversification service that also included VentureFounders and Kindred Capital.
Locus focuses on $22m series B
The Recruit-backed supply chain management software provider will use the capital to further expand into the US and Southeast Asia.
SGX bonds with Trumid for $60m
Singapore Exchange took part in a Hillhouse Capital-led round that the electronic trading platform will use to expand its corporate bond business in the US.
Sonim summons public listing
Motorola and JVC Kenwood-backed rugged electronics producer has floated below its range in a $39.6m offering, having previously raised some $117m in financing.
Universal Display lights up venture arm
Josh Epstein has come over from investment bank Stifel to head up the OLED display and lighting technology producer’s newly launched UDC Ventures vehicle.
Vedanta holds nerve to grow series C
JSR and SymBiosis took part in an $18.5m series C extension for PureTech spinoff Vedanta, growing the Bristol-Myers Squibb and PureTech Health-backed round to $45.5m.
Telkom Indonesia and Singel launch $40m fund
Telkomsel’s newly formed Telkomsel Mitra Inovasi vehicle has launched a $40m fund in partnership with sister unit MDI Ventures and fellow corporate venturer Singtel Innov8.
Mastercard onboards Transactis
Arange of financial services firms, payment processors and fintech providers are set to exit the electronic billing software producer in an acquisition by Mastercard.