AbbVie is acquiring Amgen-backed DJS Antibodies for $255m while Legend Holdings took part in a $56.6m series C round for VectorBuilder.
Category: News
The Big Deal: Cyberdontics bites on corporate cash
Cyberdontics’ series A round is that rarest of things – a VC investment by a dental company. Why has the sector been underserved, and could it be about to change?
LeBlanc joins Woven Capital
Nicole LeBlanc has left Danish venture firm 2150 and relocated to Japan to reprise the partner role at Toyota’s Woven Capital unit.
SoftBank shakes up its VC structure
The corporate is set to split its investment staff into two regional teams under Alex Clavel and Greg Moon, following some 150 job losses.
Daily Deal Round Up: October 20, 2022
Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.
Daily Deal Round Up: October 19, 2022
Chengtun Mining Group took part in Hithium’s $278m series B round while HubSpot Ventures contributed to Jasper’s $125m series A.
Daily Deal Round Up: October 18, 2022
Google was among the investors that helped lift Progcap’ series C round to $120m while Okta Ventures boosted Hycu’s $53m series B.
Lenson leaves SoftBank Investment Advisers
Catherine Lenson, the first female managing partner at Softbank, has left the corporate venture arm of the Japanese technology conglomerate.
McBride moves along to M12
M12, a Microsoft Venture Fund, has hired Jason McBride as a partner, after working as the corporation’s director of business development for two years
Daily Deal Round Up: October 17, 2022
Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.
The Big Deal: Airwallex harnesses market volatility
The Australian startup has bucked an overall down market for payments companies because it has features ideal for financial volatility. This is why Tencent, ANZ and Salesforce are investing.
What the world could learn from China’s supercluster strategy
China has a policy of superclusters to drive growth and is increasingly incorporating corporate venture capital initiatives into these clusters.
Daily Deal Round Up: October 14, 2022
Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.
Daily Deal Round Up: October 13, 2022
Thomas Reuters and Siemens participated in DataGrail’s $45m series C round while AyoConnect boosted its series B to $25m.