Abbott has returned for the first close of insulin technology developer Bigfoot Biomedical’s series C round, after backing its $55m series B two years ago.
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.
Pact Pharma acts to raise $75m
GV-backed solid tumour treatment developer Pact Pharma has completed an oversubscribed $75m series C round led by Vida Ventures.
Corvus uncorks $32m series B round
Proceeds from the Telstra Ventures-led series B round will allow Corvus to accelerate insurance technology development and build tools to improve its risk management.
BoCloud beckons Nio for series C round
Nio Capital has led a $14.5m series C round for BoCloud that also attracted existing backer JD Cloud, a contributor to its last round.
Saudi Aramco oils the wheels of $500m fund
Saudi Aramco Energy Ventures is preparing a $500m second fund following on from a first fund of the same size, launched by the unit in 2012.
Omniome impresses with $60m series C
The DNA sequencing technology developer, which counts Nan Fung and Lam Research as investors, has added $60m to take its funding to $145m in the last 18 months.
Bounce makes a splash to raise $97m
Qualcomm Ventures took part in a series D round that hiked the valuation of the electric scooter rental service from $250m to $450m.
PayU to pick up PaySense
PayU will acquire 80% of portfolio company PaySense at a $185m valuation and is channelling $200m of investment into the online lender.
Galecto gallops to PharmAkea merger
Galecto, whose investors include Novo, Merck Group and Bristol-Myers Squibb, is merging with Celgene-backed PharmAkea, with the joint entity retaining the Galecto name and leadership team.
Roofstock locks up $50m series D
Citi Ventures joined Roofstock’s shareholders in a series D round that increased the property investment platform’s overall funding to $133m.
Zhiyun Health captures $144m
Samsung, SIG and OP Financial contributed to $144m in funding, raised across two rounds, for digital health technology producer Zhiyun Health.
HighRadius hits series B with $125m
Citi Ventures and Susquehanna Growth Equity both returned for the business accounting software provider’s series B round, which enabled it to achieve a unicorn valuation.
Indigo Agriculture harvests $200m
FedEx has contributed to a $175m convertible equity round for agricultural technology and services provider Indigo secured alongside $25m in debt financing.
Investors root for Sonendo in $85m round
Henry Crown and Company’s investment affiliate CVF returned once again to back an $85m round for root canal treatment developer Sonendo.