Orthobiologic product maker Bioventus has invested $2.5m in Israel-based orthobiologic implant developer CartiHeal, increasing its latest financing round to $21m. The round was led by life sciences-focused venture capital fund aMoon and included Johnson & Johnson Innovation – JJDC, the corporate venturing arm of pharmaceutical group Johnson & Johnson, as well as investment holding company… Continue reading CartiHeal gets funding implant to raise $21m
Author: Robert Lavine
Danone makes Harmless investment in $30m round
Organic coconut water producer Harmless Harvest has received $30m in a growth round led by corporate venturing unit Danone Manifesto Ventures.
AvroBio arrives at $60m series B
Brace Pharma Capital participated in a round that took the total raised by the rare genetic disease drug developer to more than $85m.
Big Deal: Joby completes $100m funding job
Joby Aviation has raised $100m in an Intel Capital-led series B round that included JetBlue Technology Ventures, indicating the rise in air-based corporate venturing.
Corporate venturing deal net: 29 January-2 February 2018
Carmudi, a Germany-headquartered automotive e-commerce platform, has raised $10m for its Philippine arm from investors including Tengelmann Ventures, the corporate venturing arm of retailer Tengelmann, as well as Asia Pacific Internet Group, which is part of e-commerce holding group Rocket Internet, and venture capital firm Holtzbrinck Ventures, Business Mirror has reported. The same three firms… Continue reading Corporate venturing deal net: 29 January-2 February 2018
Naspers enters Joymode through series A investment
Joymode, which rents out equipment for curated leisure experiences, secured $14.4m in the Naspers Ventures-led series A round.
Bespin Global revolves to $27m
ST Telemedia led the Hyosung ITX-backed cloud services and software provider’s latest round, which included existing investor Legend Capital.
Ant Financial takes $200m bite of Zomato
The investment includes a $50m secondary share purchase from Info Edge and values restaurant listings platform Zomato at $1.1bn.
BigBasket pockets $300m at $950m valuation
Alibaba invested $146m to lead the round, which more than doubled the valuation of the India-based online grocer inside two years.
Baidu Ventures bands together $318m
The corporate venturing unit’s third fund, its second in renminbi, will make investments in artificial intelligence and big data-oriented companies.
Moderna re-enters funding mode to raise $500m
Messenger RNA therapy developer Moderna Therapeutics, which counts AstraZeneca and Alexion as backers is now valued at $7.5bn.
American Express books Mezi acquisition
Personal travel assistant developer Mezi had raised $9m in an American Express Ventures-backed series A round 18 months ago.
Next Trucking ships in $21m
Sequoia Capital led the Shea Ventures-backed trucking services marketplace’s series B round, which follows a $5m series A early last year.
Spiral Japan reaches $64m close
Asics, Seino Holdings, Mori Trust and Tosho Printing have chipped in to help venture capital fund Spiral Ventures Japan close its fund.