Robert Lavine – Page 67

Viela Bio begins life with $250m

The MedImmune spinout is targeting inflammation and autoimmune diseases, and will be equipped with up to $250m of series A funding.

The Illumina cancer testing spinout, which counts a range of other corporates as investors, is talking to advisers about a flotation this year.

The music streaming platform, whose largest shareholders include Tencent and Sony Music, will list on the New York Stock Exchange.

Alrai and Wells Fargo Strategic Capital contributed to a series C round that took the working space provider’s total funding to $156m.

Digital Alpha Advisors invested $25m in the Intel and Lenovo-backed data management platform, which has also secured $100m in debt.

Strategic partner Omron and existing backer Rakuten have invested $15.4m in the genetic testing services provider at a $392m valuation.

Photo sharing platform 500px, which had raised $22m from investors including Visual China Group and CAA, has been acquired by the former.

Amazon has agreed to pay upwards of $1.2bn for the smart doorbell maker, which counts the corporate’s Alexa Fund among its investors.

The online video streaming platform is majority owned by Baidu but counts Xiaomi as its second largest investor.

The smart vehicle developer, backed by Tencent, Baidu, JD.com and Lenovo, has hired banks for an IPO expected to raise between $1bn and $2bn.

The Netherlands-based parking spot finder has closed a $6.1m round led by Statkraft Ventures that will fund hiring and a UK expansion.

College Loan Corporation and Educational Credit Management Corporation are among the investors in the student lending platform.

Northwestern Mutual Future Ventures and Securian Ventures backed a round that will fund the insurance comparison platform’s domestic expansion.

The e-commerce holding group has now sold nearly $1.2bn of its shares in the publicly-listed food delivery platform, having invested $568m in 2015.