AAA Deals – Page 1594

Beyond Oblivion is another $77m

Beyond Oblivion, a US-based digital music market, has raised $77m from a consortium of corporate venturing groups to buy worldwide content rights and make its commercial launch. Wellcome Trust, a UK-based charitable foundation with £2.1bn ($3.4bn) in venture and growth capital, was joined in Beyond’s latest round by media conglomerate News Corp, investment bank Allen… Continue reading Beyond Oblivion is another $77m

Alta Devices raises $72m

The corporate venturing units backing Alta in the round are: Energy Technology Ventures, a $300m corporate venturing joint venture launched in January by industrial conglomerate General Electric (GE), energy utility NRG Energy and oil major ConocoPhillips; power holding company Constellation Energy; Japan-based conglomerate Sumitomo’s Presidio Ventures; and Dow Chemical’s Dow Venture Capital.

Liquidia gains Gates Foundation backing

Liquidia previously raised more than $41m, including a $25m series C round in April from New York-listed clinical research organisation PPD and venture capital firms Canaan Partners, New Enterprise Associates, Morningside Venture Investments, Pappas Ventures and Firelake Capital.