Danone unit Manifesto Ventures has participated in a $28.5m round for Agricool, which grows strawberries in containers, and which plans to now hire 200 more staff members.
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.
Feldan fields $10.5m series A
Asahi Kasei has supplied $1m in a series A extension to bring the total of the series A round, already backed by GC, to $10.5m.
Corporate venturing deal net: 26-30 November 2018
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
DigiLens zooms in on series C
Mitsubishi Chemical Holdings and Niantic have joined a series C round for DigiLens that stood at $25m as of May this year and already included Continental.
Qualcomm thinks up $100m AI fund
The fund will invest a total of up to $100m in artificial intelligence startups and has already made its first investment in facial and object recognition company AnyVision.
Moderna adjusts IPO target to $521m
AstraZeneca, Merck and Alexion-backed Moderna Therapeutics has set its pricing range at $22 to $24 and would raise more than $521m if it floats at the top end.
Movinga locates $17m round
Rocket Internet has returned for a $17m funding round, just over a year after contributing to a $26.4m round, with the money going towards acquisitions of rivals including Move24.
Oriente aligns $105m series A
Berjaya Group and Sinar Mas have co-led a series A round for microlending platform Oriente.
Lingbao Wason Copper Foil to pick up $240m
SK Holdings is set to invest $240m in the copper foil manufacturer as the corporate pursues a strategy to increase its ecosystem of electric vehicles-related companies.
Wuxi NextCode programs $200m series C
Ireland Strategic Investment Fund has led a $200m series C round for Wuxi NextCode after the latter’s acquisition of ISIF and GV-backed Genomics Medicine Ireland.
ChargePoint energises $240m series H
American Electric Power, Chevron, Daimler, BMW and Siemens are among of consortium of backers that also included Singapore’s sovereign wealth fund GIC.
Enlivex dashes towards Bioblast Pharma
Enlivex Therapeutics is set to conduct a reverse merger with publicly traded Bioblast Pharma, which will be renamed to Enlivex following the transaction.
Tandem Bank cycles towards $19m
Financial services firm Convoy Global Holdings is considering a $19m investment in Tandem Bank a year and a half after the latter’s $43m deal with Sanpower fell through.
Deskera processes $60m series A
Cisco and Susquehanna International Group were part of a consortium that supplied $60m in series A capital to business management platform Deskera.