SIG participated in Wakefit’s $40m series D round while Empyrean Technology Solutions led SpiderOak’s $16.4m series C.
Category: News
The Big Deal: WM parks in a cut-price spot
WM Motor is executing a reverse merger at a hefty cut from its 2021 valuation, showing the big risks involved with investing in China’s saturated electric vehicle sector.
Daily Deal Round Up: January 12th, 2023
Blockchain technology provider Venom Foundation is joining Iceberg Capital on a $1bn fund while BioNTech is paying $440m for portfolio company InstaDeep.
Sanofi swells venture fund to $750m
Sanofi’s strategic investment arm received a top up from its pharmceutical parent in a week when it led an $80m round for its latest portfolio company.
Daily Deal Round Up: January 11th, 2023
Globis and Salesforce were part of Kakehashi’s $57.3m series C1 round while Bertelsmann helped Paytient raise $33m.
Gareth Burns joins BP Ventures
The former head of Equinor Ventures joins bp ventures at a time of transition at the fund.
Daily Deal Round Up: January 10th, 2023
CVS Health led a $375m round for Monogram Health while its CVS Health Ventures unit led Carbon Health’s $100m series D.
Daily Deal Round Up: January 9th, 2023
Novo and Mass General Brigham participated in Amolyt’s $138m series C round while Munters contributed to Qvantum’s $45m series B.
The Big Deal: Metagenomi shows that gene therapies continue to pull in big funding
The $275m round, the largest series B for three months, featured several pharmaceutical companies and is part of a thriving environment for gene therapy startups.
Daily Deal Round Up: January 6th, 2023
Kelun Pharmaceutical spinoff Kelun Biotech raised $581m in a round also featuring Merck & Co, while KreditBee hiked its MUFG-backed series D to $180m.
Nath and Gupta leap forward in Jump Capital
After both serving three years as Jump Capital’s vice-presidents, Saaya Nath and Tarun Gupta have been promoted to the firm’s partners.
Daily Deal Round Up: January 5, 2023
Novo co-led a second tranche that lifted Metagenomi’s series B round to $275m while crypto payment technology provider Wyre is shutting after a $1.5bn acquisition fell through.
Hoffman advances at Ørsted
Maria Emilie Danø Hoffman has become the energy company’s director and head of global ventures and open innovation.
Daily Deal Round Up: January 4, 2023
USAA, Samsung and UEM chipped in as Lumotive raised $13m, while Printpack and Braskem are exiting Nexus Circular in a $150m acquisition.