Nestlé Health Science, a nutritional therapy subsidiary of food and beverage company Nestlé, invested $65m in US-based biotechnology company Seres Health yesterday. Seres secured the series D funding just one month after a $48m series C round backed by undisclosed investors. The company previously raised $10m in a June 2014 series B round that featured… Continue reading Nestlé feeds $65m to Seres
Author: Thierry Heles
Glassdoor recruits Google for series F
Google’s growth equity unit has led a round that has boosted the recruitment platform’s overall funding to about $160m.
Softbank moves back in for Reonomy series B
Commercial real estate data and analytics provider Reonomy has secured $13m in a SoftBank-led round that will be used to support additional hiring.
Eli Lilly leads $15m Symic series A
Symic Biomedical, which is developing treatments for the non-cellular part of tissue, has raised $15m in a round featuring Eli Lilly and Mitsui.
Chiasma recovers to secure $33.8m
Following a cancelled deal with pharmaceutical company Roche, the Ofer-backed pharmaceutical company has raised the first tranche of a planned $56.3m series E round.
Cancer drug developer Aduro raises $51.4m
Johnson & Johnson-backed oncology company Aduro has closed a series D round that will be used to advance its pipeline of drug candidates.
IDG finds Valyoo in India
IDG Ventures India has participated in a $21.3m series C round that valued the e-commerce company at $100m.
Intel eyes Vuzix investment
Intel has invested $24.8m in publicly-listed video eyewear and smart glasses developer Vuzix.
UST Global plans India-focused fund
IT services provider UST Global plans to launch a venture capital fund that will invest in India-based software and material sciences startups.
Linekong starts new game with $93.5m IPO
Mobile game developer Linekong previously $115m in three funding rounds from investors including IDG Capital Partners.
Incubate hatches $91m fund
Japan-based venture capital firm Incubate Fund launched its ¥11bn ($91.5m) third fund today with contributions from backers including internet portal Tencent, internet company Yahoo Japan, video game developer Sega Sammy and broadcaster Tokyo Broadcasting System. Japan-based social networking service Mixi also invested, alongside state-backed entities Innovation Network Corporation of Japan (INCJ) and Development Bank of… Continue reading Incubate hatches $91m fund
Flipkart finds the right price for Ngpay
Flipkart has exited payment platform JiGrahak and in the process upped its stake in parent company Ngpay to almost 66%.
Serviz maintains progress for series B
Groupon-backed on-demand home services provider Serviz has raised $12.5m in its second funding round this year.
Novartis invests $10m in BiolineRx
Novartis has taken a 12.8% stake in pharmaceutical company BiolineRx as part of a partnership agreement.