Pfizer spinoff Springworks, which also counts GlaxoSmithKline as an investor, secured $162m in an initial public offering that followed $228m of funding.
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.
Spotify records SoundBetter acquisition
Verizon Ventures Israel has exited audio production marketplace SoundBetter thanks to Spotify’s decision to acquire the company for an undisclosed sum.
SandStar shoots to series B round
Baidu and Fosun-backed automated retail system developer SandStar has now secured a total of $25m in funding and rebranded from YI Tunnel.
Capsule captures $200m
TCV has led a $200m round for online pharmacy Capsule, increasing the Virgin-backed company’s total funding to $270m.
Corporates give foodtech developers Fresh Start
Tnuva and Tempo Beverages have teamed up with OurCrowd and Finistere Ventures to launch a foodtech incubator called Fresh Start with an expected $284m in funding.
Trifacta wrangles $100m
Telstra, NTT Docomo, BMW, Google, Infosys and ABN Amro were among nearly a dozen investors that helped bring the data sorting platform’s overall funding to $224m.
Nextdoor closes $170m round
The Alphabet, Comcast and Axel Springer-backed social media platform added $47m from Bond to conclude a round that valued it at $2.1bn.
Healthy.io sells Samsung on $60m series C
Existing investor Samsung Next returned for a $60m series C round as Healthy.io secured regulatory clearance for its app-based kidney disease test.
Aprea opens IPO proceedings
Praktikertjänst-backed Aprea Therapeutics has filed for a $68.3m initial public offering that will fund the clinical progress of its cancer drug candidates.
Keranova carries over funding from Institut Mérieux
Institut Mérieux has returned for a $26.5m round for surgical technology developer Keranova, having previously supported a $4.6m round three and a half years ago.
Byton inches towards $500m series C close
Having already inked an agreement with FAW in May, Byton is also signing up government-led industry investment funds and other institutional investors.
Henlius readies $477m IPO
Fosun Pharma is in line to exit Shanghai Henlius Biotech, which has set a price range for an offering that could raise up to $477m.
Sonovate snatches $135m
Rocket Internet and Prudential formed part of the consortium that has co-led a $135m equity and debt round for business financing services provider Sonovate.
4Bio Capital forces its way to $50m
Children’s Minnesota has backed the first close of 4Bio Ventures II, a $150m venture fund that will focus on areas such as cell and gene therapy.