Abbott backed Arresto Biosciences in one of its first deals since its corporate venturing unit was set up last year and has now sold the portfolio company to Nasdaq-listed drugs company Gilead Sciences.
Category: Deals
Total elevates biofuels round to $100m
Venture capital firm Naxos Capital Partners led the $100m C round for Elevance Renewable Sciences, and was joined by Total Energy Ventures International and private equity firm TPG’s biotech and growth funds.
BlackRock joins Chevron’s LS9
BlackRock joins other members of LS9’s D round: CTTV Investments, the corporate venturing unit of oil major Chevron’s Technology Ventures subsidiary, and venture capital firms Flagship Ventures, Khosla Ventures and Lightspeed Venture Partners.
Buzzd flies into $1.5m
In a regulatory filing, Buzzd say it has raised $1.5m from 19 investors after raising $300,000 in June.
Google plucks Miso Media’s deal strings
Miso Media gains $600,000 to develop its guitar-playing application.
Tengelmann and Holtzbrinck to exit Brands4Friends
Online shopping clubs now account for about 20% of online fashion sales in Europe, according to eBay, which is buying Brands4Friends for $200m from strategic investors Holtzbrinck and Tengelmann Group.
NovImmune raises $21m
Novartis Venture Fund previously backed Switzerland-based biotechnology company NovImmune that has just raised $21m.
Small Bone raises $15m F round
Viscogliosi Brothers lead $15m F round for Small Bone Innovations.
Citrix agrees to buy Netviewer
Deutsche Telekom’s T-Online Venture Fund and venture capital firm European Founders Fund have backed Netviewer prior to its agreed sale to Citrix Systems.
Bertelsmann reinvests in Blue Lion
Bertelsmann reinvests in local messaging service Blue Lion Mobile’s series B round.
AirWalk talks its way towards $15m round
In a regulatory filing, AirWalk Communications says eight investors had provided $10m.
Bloom Health flowers with B round
In January, Bloom Health raised $5m in its series A round from BlueCross BlueShield Venture Partners and has now filed after collecting $7.5m for its B stock.
1366 adds $6m to B round
In a regulatory filing, 1366 Technologies raises $26m from nine investors, compared to a disclosed $20m from seven two months earlier that had expected to be the final amount committed.
Southwest blows towards latest round
Southwest Windpower starts next investment round.