LetsGetChecked is moving into genomics with the acquisition of the genetic testing technology provider, allowing Lilly Ventures Asia and Jiangsu Simcere to exit.
Category: News
MongoDB sets up strategic investment fund
Its initial investments include Apollo GraphQL and BigID.
IAG doubles CVC funds
IAG Firemark Ventures has already made its first investment from its second fund.
Tnuva tucks into ventures launch
Tnuva Next has formalised a NIS30m ($9.3m) investment contribution to startups over the course of 2021.
Swiss Post shakes up ventures team
Olivier Laplace has left with Boyman promoted and Ronner joining Swiss Post Ventures.
Capnamic closes third fund
Founded in 2012 with offices in Cologne, Berlin and Munich, Capnamic has corporate LPs.
CNH formalises CVC unit
CNH Industrial Ventures builds on the group’s existing minority stakes.
Weiss and Nieto leave Cemex
Mauricio Tessi Weiss and Juan Nieto Villamandos have teamed up with Vivin Hegde to launch Zacua Ventures.
Sorenson Ventures closes second fund
Several of its LPs have a strategic angle, especially wanting an early look around cyber trends.
Banque Misr backs fintech fund
Banque Misr was described as the anchor investor in the fund by Global Ventures.
Peets to leave Telus Ventures
Rob Peets has managed Telus’ $400m investment portfolio for a decade.
Daily Deal Round Up: March 30, 2022
Alibaba helped AR glasses provider Nreal take its funding to $200m in the past year while SGE led a $60m series D round for online coder recruitment service HackerRank.
Deepki tracks Statkraft to raise $167m
Statkraft Ventures returned to reinvest in Deepki, the developer of a real estate ESG platform, through a series C round set to fund an expansion drive.
Synspective focuses on $100m series B
Sompo Japan led a round which doubled the satellite developer’s overall funding to $200m and which is set to support its expansion plans.