Shareholders in prepaid debit card provider Green Dot raised a more-than-expected $164.1m at its flotation.
Category: Sectors
Integrated Diagnostics scores second funding tranche
BioTechCube (BTC), a newly-formed Luxembourg-based investment company backed by the state, replaced dievini Hopp BioTech as $10m is drawn down from Integrated Diagnostics’ $30m series A round.
Novartis co-leads Euthymics A round
Euthymics Bioscience, a US-based developer of antidepressants, raises $24m from Novartis and venture capital firms to acquire DOV and develop drugs.
Physic leaps on Gazelle series C
Physic Ventures, a venture capital firm backed by consumer goods companies Pepsi and Unilever, leads $12m third funding round for Gazelle, a US-based company for selling secondhand electronics goods.
Cara gains $15m funding relief
Venture consortium continues to support Cara Therapeutics in its series D round after more than $55m in five year.
Google backs search advertising peer
Trada, a US-based company which helps businesses with online search advertising, gains $5.75m in third funding round in 18 months.
IDG plans two more Vietnam-focused funds
US-based publisher International Data Group’s corporate venturing group set to expand its successful first fund in Vietnam by committing a further $400m.
Sorbent soaks up funding success
US regulatory filing shows Sorbent Therapeutics gains nearly maximum round to treat renal problems.
LedEngin gains funding success
Taiwan connections seal series D round for light-emitting diode (LED) company.
TranSwitch exits Opulan
US communications equipment company TranSwitch sees venture stake in China-based Opulan Technologies realised through $72m sale to Atheros Communications.
Wal-Mart sees Green Dot increase listing size
Prepaid debit card provider Green Dot adds nearly a quarter to flotation value.
Chan steps up at TCL Capital
Hong Kong-based media and healthcare-focused merchant bank Virgo Capital’s chief executive takes managing director role at consumer electronics group TCL’s venturing division.
Riot expands to Europe from US
Online video-game company Riot Games has expanded into Europe after Tencent backing.
Volvo converts to owning part of El-Forest
Clean-technology lumber haulage company El-forest gains backing from Swedish state and car maker Volvo.