Novo co-led the series C round with Longitude Capital and Checkmate will use the cash to advance clinical development of its lead asset, which is targeting melanoma.
Author: Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
Kyruus catches $30m
Francisco Partners has injected $30m into Kyruus, five months after the patient-matching platform developer received $42m in a series D round featuring Salesforce and Providence St Joseph.
Johnson & Johnson takes Cue to $100m
Johnson & Johnson Innovation – JJDC returned for Cue Health’s $100m series C round as the medical diagnostics system developer seeks regulatory approval for its Covid-19 test.
PatientPing packs up $60m
GV co-led a series C round for the healthcare collaboration service together with F-Prime Capital, Andreessen Horowitz and Transformation Capital, taking its overall funding past $101m.
Snowflake to crystallise IPO plans
Capital One and Salesforce-backed cloud database provider Snowflake has confidentially filed for an initial public offering that could value it at up to $20bn.
DNAnexus ties up $100m
Existing backer GV returned to take part in a $100m round for the clinical data software provider that also attracted new investor Regeneron Pharmaceuticals.
Legend chips in as Eswin secures $282m
Legend Capital co-led a $282m series B round for chipmaker Eswin Computing Technology which will use the money to fund R&D, recruitment and manufacturing.
Akouos looks to access $100m in IPO
The hearing loss treatment developer has filed to raise up to $100m, three months after a $105m round featuring Novartis, Partners HealthCare and Pivotal BioVenture Partners.
Nano-X expands series B to $51m
The advanced body scanner developer has boosted the SK Telecom, Foxconn and Fujifilm-backed round to $51m and is now valued at about $600m.
VMware draws up Lastline acquisition deal
Barracuda Networks, Dell, Sumitomo, WatchGuard Technologies and NTT Finance are set to exit the anti-malware software developer through the transaction.
NetApp highlights Spot acquisition
NetApp has agreed to pay a reported $450m to buy the cloud workload management platform, which had raised $52m in funding from investors including Intel Capital.
Tiki ticks $130m funding box
Private equity group Northstar has reportedly led a $130m round for the e-commerce marketplace, which counts JD.com, Sumitomo, CyberAgent and VNG as investors.
Thoma Bravo to execute $100m Exostar acquisition
Cloud collaboration software provider Exostar was formed by BAE, Boeing, Lockheed Martin, Raytheon and Rolls-Royce before Merck & Co became a shareholder in 2014.
Info Edge moves toward $100m fund
The classified listings group is putting up about $46m for Info Edge Venture Fund and expects to mobilise external backers to hit a $100m target.