Cisco and Telstra-backed mobile advertising company Near has secured $100m from Greater Pacific Capital to bring its total funding to $134m.
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.
Investors subscribe to Patreon series D
Patreon has collected another $60m in funding, adding to $107m in capital previously supplied by backers such as CAA and UTA.
Graduway honours $60m investment
K1 Investment Management has provided funding to Graduway just over a year and a half after Susquehanna International Group injected $12.7m.
Flybits takes off with $35m series C
Mastercard, Citi, Westpac and TD Bank Group have all participated in a $35m series C round for Flybits that was led by Point72 Ventures.
Orum opens up to $30m series B
CHA Medical Center-backed Solidus Investment Company has returned for a $30m series B round in Orum Therapeutics, which is targeting cancer and rare diseases.
Amal advances to $365m acquisition
Boehringer Ingelheim will pay a total of up to $365m to acquire its venture fund’s portfolio company Amal Therapeutics, an immunotherapy spinout of University of Geneva.
BigID validates $50m investment
BigID, whose backers include Comcast Ventures and SAP.io Fund, has added $50m to its coffers thanks to commitments from nine undisclosed investors.
Orchestra BioMed composes $34m series B1
Orchestra BioMed has confirmed Temuro’s participation in a $34m series B1 round, a month after the corporate entered into a strategic agreement that had it invest $5m of equity.
Raisin accounts for $29m
Goldman Sachs has put $25m of funding into Raisin to drive an expansion into the US and into two additional European markets.
Corporate venturing deal net: 8-12 July 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Luminar lights the way to $250m
Corning, Cornes and Volvo have invested in Luminar, which has emerged with more than $250m in funding, including a $100m round closed recently.
DTCP signals interest in $177m Signavio round
Signavio has raised $177m in equity financing from Deutsche Telekom Capital Partners and Apax Digital to further develop its business process management software.
Minerva Project designs $57m series C
Tal Education Group, which contributed to Minerva’s series B round five years ago, has returned for a series C led by Bytedance.
NewsCred broadcasts $20m story
Dentsu was among the backers of a $20m series E round for NewsCred, which has now raised more than $100m from investors also including Verizon and Digital First Media.