Life sciences incubator and company builder Pivotal Bioventure Partners China, part of Nan Fung Group, has closed its latest fund at $150m.
Author: Robert Lavine
Nio puts foot down for $2bn IPO
Lenovo, Tencent, Baidu and JD.com could all potentially exit the smart vehicle developer, which has confidentially filed for a US offering.
Ant Financial seals $10bn
Alibaba’s financial services affiliate is now the most valuable VC-backed startup of all time, having reportedly closed funding in a GIC-led round.
Jirnexu gets next to SBI in $11m round
Existing investor SBI led the financial comparison platform’s series B round, with SIG Asia Investments also investing.
Strata Oncology straps down $26m
Pfizer Ventures and Merck GHI both contributed to the cancer care technology provider’s series B round, taking its overall funding to at least $38m.
SNCF boards Platform.sh in $34m series C
Platform.sh boosted its overall funding to $47m, raising cash in an SNCF Digital Ventures-backed round that will support US growth.
Sociolla sucks up $12m
The Sinar Mas and Yahoo Japan-backed EV Growth led the beauty e-commerce platform’s latest round, which included existing backer iStyle.
Dialpad takes TalkIQ as corporates exit
Speech recognition technology developer TalkIQ has been acquired by Dialpad, enabling Line and Salesforce Ventures to exit.
BMW drives L Marks’ route to America
BMW Financial Services US Collaboration Lab is the third partnership between L Marks and BMW, and marks the former’s first US initiative.
Minute Media calls time on $17m round
The ProSiebenSat.1-backed sport content publishing platform has raised series F capital, boosting its total funding to $77m.
Corporate venturing deal net: 21-25 May 2018
Decent, a US-based startup looking to use blockchain technology to improve access to affordable healthcare, has raised $8m in pre-seed and seed funding from investors including legal firm Fenwick & West. The firm was joined by Foundation Capital, Menlo Ventures, Digital Currency Group, Lux Capital, Maverick Ventures, Core Innovation Capital, Meridian Street Capital, Healthy Ventures,… Continue reading Corporate venturing deal net: 21-25 May 2018
Essential Products estimates value of sale
The smartphone producer, which has raised $330m from investors including Tencent, Amazon, Foxconn and Access Industries, is in talks to be acquired.
Shell helps sink $70m into Sonnen
Energy storage and management technology provider Sonnen has formed a cooperation agreement with Shell, which led its latest round.
Rover gets a $125m treat
The pet sitting and dog walking service, which counts Petco as an investor, raised the funding together with $30m of debt financing.