Eli Lilly and Company has invested an undisclosed amount of funding in Audion Therapeutics, a Netherlands company developing a treatment for sensorineural hearing loss, as part of a series A round.
Author: Katherine Steiner-Dicks
Big data pays and that’s a fact says Tenaya, Citi
Tenaya Capital, the venture capital firm spun out of Lehman Brothers following its bankruptcy, has led a $38m series C investment in Platfora, a data analytics software company. The latest round includes Citi Ventures, the corporate venturing unit of financial services company Citi, which is also a Platfora customer, as well as corporate investor Cisco… Continue reading Big data pays and that’s a fact says Tenaya, Citi
Baxter makes novel move for Covagen
Baxter Ventures, the corporate venturing unit behind US pharmaceutical company Baxter International, has invested $50.7m in a series B round of funding for Covagen, a developer of therapeutic medicines for people suffering from inflammatory diseases, such as rheumatoid arthritis.
Premise shows Google the bigger picture
Premise, operator of a global tracking network for macroeconomic and development trends, has caught the attention of investors including existing backers Google Ventures and has secured $11m in its series B round.
Rover provides Petco with another bone-a-fide deal
US-based pet sitting service Rover.com has fetched an impressive $12m in a series C round of funding led by new investor Menlo Ventures, while pet supplies retailer Petco also invested.
Qiagen diagnoses new deal
US molecular biology specialist Qiagen has co-led a $27m series B round of funding for Exosome Diagnostics, a US developer of fluid-based molecular diagnostics.
Telus puts $3m in safe hands
Telus Health, the healthcare arm of Canadian mobile operator Telus, has made a strategic investment worth $3m in PatientSafe Solutions, a producer of mobile hospital workflow systems.
Constellation-backed SolarBridge could extend series B to $44m
The $42m recently raised by solar power electronics maker SolarBridge Technologies in a round led by corporate venturing unit Constellation Technology Venture scould be expanded, according to an SEC filing that indicates the business is still hungry for more capital.
$50m funding round lifts MuleSoft valuation to $800m
Cisco, SAP and salesforce.com have all contributed to a $50m round raised by MuleSoft, which has now received $131m in funding.
What goes around comes around for Credit Karma
Credit Karma, a consumer finance and technology company that offers US consumers a free credit rating service, has closed a $85m series C round of funding led by Google Capital, the corporate venturing unit of internet company Google.
Gree sitting pretty with $10m Luxola deal
Gree Ventures, the corporate venturing unit of mobile social company Gree, has reinvested in Singapore-based online cosmetics and beauty shop Luxola, which has followed up a reported $2m series A round last year with a series B round worth a reported $10m.
Meican gives Nokia the munchies
Nokia Growth Partners, alongside existing investor Kleiner Perkins Caufield & Byers, has invested $10m in a series B round of funding raised by China-based online food ordering company Meican. Food-delivery companies are growing in popularity across Asia, especially in China, as the number of internet users increases and a burgeoning middle class with disposable income turns to ordering food online.
Byecity takes off with Alibaba
Byecity, a Chinese website providing travel and tourism information, has raised approximately $20m in a series B round of funding provided by Alibaba Capital Partners and CBC capital.
Andreessen Horowitz, CrunchBase put $37.5m in motion for DigitalOcean
Andreessen Horowitz was joined by IA Ventures and CrunchFund (an early stage venture capital firm founded by Michael Arrington, Patrick Gallagher, and MG Siegler), in a $37.5m series A round of funding for DigitalOcean. The cloud hosting service that caters to developers, will use the funds towards purchasing a “boat-load of servers and networking gear”… Continue reading Andreessen Horowitz, CrunchBase put $37.5m in motion for DigitalOcean