American Family Ventures and Cox Enterprises both returned for a $50m series C round, having already participated in the insurance marketplace’s $43m series B a year 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.
Antler branches out with $50m fund
Credit Saison and Canica put up part of the $50m the startup studio has raised for its latest fund, following investments in more than 120 companies to date.
Forma Therapeutics shapes $100m series D
Novartis, Merck & Co and Eli Lilly-backed Forma Therapeutics, which is working on treatments for rare haematologic diseases and cancers, has added $100m to its coffers.
Tencent re-enters Satellogic’s orbit in $50m round
Low-orbit micro-satellite producer Satellogic raised $50m, 40% of which was provided by existing investors including Tencent.
OM1 obtains $50m
Scale Venture Partners has led a $50m funding round for Wanxiang-backed medical data repository provider OM1 that will support product development, sales and marketing.
Vector charts course to bankruptcy
Lockheed Martin is looking to buy some of Vector’s assets after the Kanematsu-backed microsatellite launch services provider filed for bankruptcy.
Investors pump $25m into Velano Vascular
Velano Vascular has closed a $25m round following an extension that added to $10m provided by investors including Intermountain Healthcare in May.
A2A sees $78m fund on the horizon
A2A has formed a corporate venturing vehicle with $78m in funding, including a commitment from Polytechnic University of Milan’s Poli360 fund.
Domio hosts SoftBank in $50m series B
The managed apartment provider secured $100m in series B and debt financing in August, from investors including SoftBank Capital NY, it disclosed this week.
1366 counts up $18m in series E
The Hanwha and Wacker Chemie-backed solar wafer developer raised $18m as it seeks further cost reductions for its manufacturing process.
Brose ushers in corporate venturing era
Automotive parts producer Brose will open a corporate venturing office in Berlin as part of a larger investment scheme projected to be up to $2.2bn in size.
General Fusion powers up $65m series E
The Cenovus Energy-backed clean fusion technology developer has picked up funding that will support construction of a pilot facility.
Roaring into the 2020s
It is easy enough to think of artificial intelligence and quantum technologies as modern concepts, as futuristic as they sound and as far-reaching their impact has the potential to be.
OneConnect wins $312m in IPO
Ping An’s fintech spinoff, OneConnect, has floated in the US having raised $750m from investors including SoftBank Vision Fund and SBI last year.