Thierry Heles – Page 33

Oxford’s ecosystem leads the way

One of the oldest universities in the world has been spinning out companies with remarkable success for more than half a century

Facebook gives $400m for Giphy acquisition

GV and CAA Ventures have exited online GIF database Giphy in a reported $400m deal, sized at approximately $200m less than its valuation four years ago.

Xsight extracts $80m in Intel-led round

Xsight Labs, a semiconductor technology developer still in stealth, has secured a reported $80m in an Intel Capital-led round also featuring Xilinx.

Corporate venturing deal net: 11-15 May 2020

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Legend Biotech embarks on IPO quest

Genscript Biotech’s subsidiary Legend Biotech, which agreed to an investment worth nearly $151m from Eli Lilly and Johnson & Johnson last month, has filed to go public.

DigitalOcean dives into $50m series C

Five years after leading an $83m series B round, Access Industries has returned to also lead a $50m series C round for DigitalOcean that is now valued at $1.15bn.

Clear Labs experiments with $18m round

GV and Tyson Ventures invested in an $18m funding round for Clear Labs that has now raised $62m altogether from backers also including Dentsu and Tencent.

IRP Systems ignites $17m series B

Fosun and Champion Motors have taken part in a $17m round for electric mobility technology developer IRP Systems, which will use the money to meet demand for its product.

Investors take CloudWalk down $254m round

Haier Financial Holdings has backed a $254m funding round for CloudWalk, a spinout of Chinese Academy of Sciences whose shareholders also include Bohai Capital and PCI-Suntek Technology.

Idaptive adapts to $70m acquisition

CyberArk has bought zero-trust identity management platform Idaptive for $70m in cash, two years after it was spun out from Centrify.

Expel absorbs $50m series D

CapitalG has led a $50m series D round for Expel, bringing the cybersecurity technology developer’s total financing to more than $117m in four years.

FortressIQ shores up $30m series B

M12 has co-led a $30m series B round that also featured existing shareholder Comcast Ventures and will allow FortressIQ to help clients navigate the current economic climate.

Zenjob meditates on $30m series C

Axa Venture Partners has swung behind Zenjob for a $30m series C round that will enable the recruitment platform to build out its market share in Germany.

Nanit gets its hands on $21m

Flex-backed baby monitor developer Nanit has closed a $21m funding round, bringing its total equity to $50m four years after the corporate made its investment.