Eli Lilly took part in a $50m series A1 round for Neukio Biotherapeutics while Itochu led Docquity’s $44m series C.
Category: Firms
GVR Podcast: Kortex Ventures juggles three corporates to improve healthcare
With multiple LPs, Kortex Ventures is working to bring together a fragmented healthcare sector.
Daily Deal Round Up: September 2, 2022
SK has provided $50m in funding for Ascend Elements while ServiceNow took part in a $35.6m series C round for Fairmarkit.
Can Standard Chartered’s spinout Zodia get institutions into crypto?
Getting institutional, risk-averse money into crypto is no mean feat, but SC Ventures-backed Zodia Custody is working to assuage their fears.
Telus Ventures unveils bigger global ambitions
Telus’s strategic investment arm plans to extend its presence outside of Canada while continuing to bet on areas like agriculture and health.
Daily Deal Round Up: August 31, 2022
Tencent and Sony have provided $263m for FromSoftware while Piramal Capital & Housing Finance backed EarlySalary’s $110m series D round.
Ricoh targets mRNA technology with dedicated seed fund
The $7.2m Ricoh Biomedical Startup Fund was formed by the imaging technology producer to back up its recent acquisition of mRNA drug developer Elixirgen.
Applied Ventures moves on to CVC 2.0
Applied Ventures has doubled its war chest to $100m per year and is looking to engage with materials engineering startups in a new way.
Daily Deal Round Up: August 26, 2022
Bertelsmann-backed paywall management software provider Zephr is set to be acquired by Zuora in a $44m deal while Meituan co-led a $875m round for EV battery producer Sunwoda.
Singtel on the hunt for new 5G tech with extra $100m
Singtel’s corporate VC unit has taken on another $100m as 5G opens up opportunities for new technology models, CEO Edgar Hardless tells Global Venturing.
Daily Deal Round Up: August 25, 2022
Lunar Energy disclosed $300m from investors including Sunrun and SK, and acquired Honda, Itochu and Tokyo Electric Power-backed Moixa for an undisclosed amount.
Stanley Ventures streamlines team following CEO succession
The investment arm of Stanley Black & Decker has fallen victim to a CEO change and cutbacks following the company’s poor financial performance.
Exclusive: Erie Insurance and Touchdown team up for fund
Erie Strategic Ventures will look to make between three and five investments per year in Erie’s core areas and beyond.
Kuznetsova to oversee UBS Next’s APAC activities
UBS’s $200m strategic technology fund has promoted Veronika Kuznetsova to lead its work in the Asia-Pacific region.