Shares in Adaptive Biotechnologies, backed by Microsoft, Celgene, Illumina, LabCorp and BD Biosciences, soared more than 100% on its first day of trading.
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.
The RealReal realises IPO plans in $300m offering
Novel Group-backed luxury goods marketplace The RealReal will raise $300m in an initial public offering in which it will float above its range.
CFS sparks $115m series A close
Just over a year after securing an initial $50m, fusion energy technology developer Commonwealth Fusion Systems has closed its Eni-backed series A round with $115m in capital.
Encoded decrypts $104m in series C funding
Encoded Therapeutics, which was incubated in Illumina’s accelerator, has captured $104m in a series C round backed by the corporate’s strategic investment unit, Illumina Ventures.
Morphic shapes $90m initial public offering
Morphic began trading on the Nasdaq Global Market yesterday after issuing 6 million shares priced at $15 each, providing exits to AbbVie, GSK, Novo, Pfizer, Schrödinger and ShangPharma.
Grab takes another $300m in series H cash
Grab has pushed its series H round to $4.8bn after Invesco added $300m to cash provided by investors including SoftBank Vision Fund, Toyota, Microsoft and Ping An.
StockX shares news of $110m series C
GV returned for consumer goods stock exchange StockX’s $110m series C round, which valued the company at more than $1bn and brought its total funding to $150m.
Velodyne Lidar veers towards initial public offering
Ford and Baidu are in line for exits after 3D sensor technology developer Velodyne Lidar appointed banks to underwrite an IPO expected to value it at $1.8bn.
CureFit stretches to $120m in Unilever-backed round
CureFit had held discussions with SoftBank Vision Fund over a $200m investment, but Unilever Ventures has instead stepped up as part of a $120m round.
Booster puts $56m in its tank
Fuel delivery service Booster has collected $56m in a series C round that included Enterprise Holdings and Total, taking its overall funding to more than $88m.
JD Logistics stores $218m for fund
The fund will focus on logistics technology developers and boasts JD Logistics, parent company JD.com and unnamed additional corporates among its limited partners.
Monzo makes good on $144m round
Orange Digital Ventures and Stripe both returned for a $144m round that doubled the digital bank’s valuation to $2.5bn.
Nice takes a step to series D stage
Limited edition sneakers trading platform Nice has secured tens of millions of dollars in a series D round led by the SoftBank-backed TPG-SV China Ventures fund.
DouxMatok gets $22m taste of funding
Südzucker, Singha and Royal DSM have contributed to a $22m series B round for DouxMatok, which is working on a sugar-based sweetener.