Novo has returned for Milestone’s latest round, having led its $55m series C last year, helping the cardiovascular drug developer’s total funding to $167m.
Author: Robert Lavine
Robert Lavine is special features editor for Global Venturing.
Pintec lends itself to public listing
Sina invested $5m as online financing platform Pintec, which also counts Xiaomi as an investor, went public in a $44.3m initial public offering.
Innovusion gets $30m funding infusion
The lidar technology startup has secured funding in a series A round co-led by Nio’s corporate venturing arm and Fidelity’s Eight Roads Ventures and F-Prime Capital units.
Epic reaches next level with $1.25bn
Axiomatic was among the new investors in Epic Games, developer of the hugely popular Fortnite, which is now valued at almost $15bn.
StoneCo IPO tops $1.2bn
The Brazilian payment and commerce services provider floated above its range and raised an extra $100m from Ant Financial through a private placement.
CIC joins Japanese banks for $1.8bn fund
Nomura Holdings, Daiwa Securities, Mitsubishi UFJ, Sumitomo Mitsui Financial and Mizuho Financial will aim to raise up to $1.78bn for the fund, in partnership with China Investment Corporation.
WM Motor begins journey to $287m round
Baidu is in talks to provide half the funding in the prospective round while another of the EV producer’s existing investors, Tencent, could also take part.
XtalPi processes $46m series B extension
China Life’s Healthcare Fund led the series B-1 round, which followed a series B featuring fellow corporates Google and Tencent in January.
Yunxuetang snags $50m in series C round
The employee training software provider has confirmed a $50m round that included SIG, the corporate that led its series B round in 2017.
Siemens takes Yellowbrick road in $48m round
Yellowbrick Data has raised $48m in a round led by Siemens’ Next47 unit, adding to the $44m from investors including GV and Samsung Next it disclosed two months ago.
Corporate venturing deal net: 22-26 October 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Bloomberg pays another visit to Knotel in $60m round
Flexible workspace provider Knotel increased its funding to $160m in two years, as Bloomberg Beta returned to reinvest and NVP kicked in $50m.
SoftBank agrees to buy into $3bn Bytedance round
Digital media company Bytedance has agreed $3bn in a round set to be led by SoftBank that will reportedly value it at $75bn.
Synthego engineers $110m series C round
Alexandria Real Estate Equities-backed genome engineering platform developer Synthego took its overall funding to $160m in a round led by Founders Fund.