Uncategorised – Page 21

Celgene fronts Silverback in series A round

Silverback Therapeutics, which is developing drugs that will only act at the site of disease, has closed a $47.5m round backed by Celgene.

Salesforce Ventures will exit cloud communications software provider NewVoiceMedia, which had raised more than $140m in venture funding.

SoftBank Ventures Korea has partnered TPG Growth to establish the $300m China Ventures Fund I.

The online food delivery service has reportedly entered talks with Tencent to raise money at a valuation of $2.5bn or more.

The JD.com and Advance Publications-backed fashion e-commerce platform raised more than $670m while its investors sold $212m of shares.

Expense management platform Captio has been acquired by Certify for an undisclosed sum, providing exits to Bankinter and Banco Sabadell.

Canopy Rivers, the corporate venturing unit spun out of cannabis grower Canopy Growth, has gone public through a reverse merger.

Zalando and Childrens Investment Fund Foundation have added $2.5m to Working Capital’s supply chain-focused fund, which now stands at $25.2m.

Jonathan Lai has moved to Coatue Management after three years overseeing Tencent’s western investments and partnerships.

Qualcomm Ventures co-led the series E round, which increased the AR and computer vision technology developer’s overall funding to $137m.

The apartment rental marketplace has now raised $90m altogether, having secured $46m in an Axel Springer-backed round.

The Forbes-backed end-to-end healthcare product supplier has raised $88m in series A funding and added a smoking cessation service.

The Rocket Internet-backed e-commerce platform is considering an initial public offering in the US early next year at a valuation of $1bn.

The online wine retailer has completed a round that was co-led by Tencent and Meituan Dianping at a reported $1.1bn valuation.