Van Herk Ventures is one of three limited partners that helped the agrifood-focused venture fund reach a $22.7m second close a year after it was formed.
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.
Zoom dashes towards IPO
Qualcomm-backed video conferencing platform Zoom is gearing up for an initial public offering that would reportedly value the company at several billion dollars.
Lyft gains Blue Vision in acquisition deal
GV has exited autonomous driving software developer Blue Vision in an acquisition by Lyft that was reportedly sized at $72m.
Tado fires up $50m round
Amazon, Eon and Čez Group have backed a $50m funding round for smart thermostat manufacturer Tado that nearly doubled its equity to $102m.
Galecto collects $90m in series C
Bristol Myers-Squibb, Merck Group and Novo all took part in a $90m series C round for Galecto Biotech that was co-led by Ysios Capital and OrbiMed.
Aikucun fashions $110m in series B-plus funding
Aikucun has added $110m in series B-plus funding to its coffers, just three months after raising $87.5m in a Legend Capital-led series B round.
Assent Compliance asserts itself in $100m round
Warburg Pincus provided the entirety of Assent Compliance’s series C round, adding to more than $43m previously supplied by investors including OpenText.
Sanofi sends Enable Injections part way to $50m
The drug injection device developer has reached the first close of a $50m round, with Sanofi leading the tranche and Cincinnati Children’s Hospital and Cleveland Clinic also investing.
Hard Yaka swings $30m to Yoyo Wallet
Hard Yaka has supplied $30m in funding for Yoyo Wallet, a portfolio company of Telefónica and Metro Group, as part of a strategic partnership.
Crux lucks out in $20m series B
Goldman Sachs and Citi have returned to back a $20m series B round for Crux Informatics that almost doubled its overall funding to $41m.
Huashenghaoche drives series D to $210m
Minsheng Financial Leasing-backed online car marketplace Huashenghaoche has received $210m from investors including JD.com spinoff JD Finance and Goldman Sachs.
Verano switches on with $120m
Scythian Biosciences is investing $88m directly in Verano and will sell its subsidiary 3 Boys Farm to the cannabis producer in return for another $100m worth of shares.
Investors pump $20m into Gauss
Gauss Surgical has received series C funding from SoftBank and eight healthcare providers including Northwell Health, OSF Healthcare and Providence Healthcare.
Qpex cues up $33m series A
Qpex Biopharma, which was spun off to develop The Medicines Company’s anti-infective drug assets, has received $33m in its series A round.