Novartis Venture Fund has led a round announced as Ribon Therapeutics came out of stealth, with Celgene, Johnson & Johnson Innovation – JJDC and Takeda Ventures also investing.
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.
HJB finds MabSpace in merger deal
Eli Lilly-backed biotech companies HJB and MabSpace have agreed to merge into a newly formed business called Transcenta.
Niantic levels up with $190m
Following reports last month that Alphabet spinout Niantic was looking to secure $200m, the augmented reality game developer has secured $190m.
CarDekho cashes in with $110m series C
Three months after raising an initial $75m in series C funding, CarDekho has closed the CapitalG-backed round at $110m.
Boston Scientific picks up Millipede for $325m
Boston Scientific has exercised its option to wholly acquire Millipede, having purchased a $90m stake in the mitral regurgitation treatment device maker last year.
Iota attends to $15m series A
Astellas chipped in as UC Berkeley spinout Iota Biosciences captured $15m in a series A round that will fund the entry of its neural dust technology into preclinical testing.
Antengene generates $120m in series B round
Celgene, Taikang and WuXi AppTec have all taken part in a series B round for Antengene, which is working on treatments for cancers with a focus on Southeast and East Asia.
Bakkt attracts corporates for nine-figure round
Bakkt, a digital asset exchange formed by Intercontinental Exchange, received approximately $183m from investors including Microsoft, PayU and Boston Consulting Group.
iThera recalibrates series C round
The tissue-modelling technology developer has expanded its Osram-backed series C round to $10.3m with cash from Occident Ventures, Falk Strascheg Holding and BayBG.
It’s not about the money
Lessons from the GUV Summit in Houston, Texas, this month
Niantic looks to catch another $200m
Just over a year after its $200m series B round, Pokémon Go developer Niantic is raising another $200m from investors including Samsung and Axiomatic Gaming.
GV-backed Basis loses its balance
Stablecoin developer Basis is shutting down after facing regulatory issues and will return most of the $133m it raised from investors including GV in April.
AutoNation goes Vroom in $146m series G
The car retailer invested $50m to lead Vroom’s series G round, becoming its first corporate backer and helping increase the online car retailer’s total funding to $440m.
InVision gets $115m series F infusion
Atlassian contributed to the round as part of a previously announced strategic agreement with InVision to integrate each other’s technologies into their respective products.