Investments & Deals

  • July 20, 2017

    Vertex joins in MiniKTV funding chorus

    Vertex Ventures has contributed to a $15m investment for karaoke machine producer MiniKTV.

  • July 20, 2017

    DataRails compiles $6m series A

    DataRails, which has developed software to turn Excel into a smart spreadsheet management tool, has raised a series A round led by Vertex Ventures.

  • July 20, 2017

    Symbow shows investors the way to series A

    The National Emerging Industry Guidance Fund has taken part in a $17.7m round for Symbow Medical, which is working on a surgical navigation device.

  • July 19, 2017

    Wukong Zuche attracts $73m

    Yunnan Metropolitan Construction Investment has injected $73m into Wukong Zuche, a car rental service provider aimed at the tourism sector.

  • July 19, 2017

    BGI Genomics completes $250m IPO

    Floating on the ChiNext board in Shenzhen, BGI Genomics has raised approximately $250m and provided an exit to State Development and Investment Corporation.

  • July 19, 2017

    Geek+ picks up $60m series B

    The logistics robot developer, backed by Vertex Ventures, has raised $60m in a series B round just a few months after closing a $14m series A+ round.

  • July 18, 2017

    Desktop Metal forms $115m series D

    Vertex Ventures and Future Fund participated in a round that boosted the 3D printing technology provider's total funding to $212m.

  • July 18, 2017

    Bid hammers out funding round

    Export Development Canada and BDC Capital are among the backers of a funding round for mill equipment provider Bid Group.

  • July 18, 2017

    Astroscale finds space for $25m

    ANA Holdings and OSG Corporation will supply technical assistance to the space debris reduction technology developer, after taking part in its series C round alongside INCJ.

  • July 18, 2017

    BDC says yes to Assent series B

    BDC returned to invest in a $31.4m round for Assent Compliance, after previously backing the supply chain management platform's May 2016 series A round.

  • July 18, 2017

    Move Guides maps out $48m series C

    Australia’s Future Fund has taken part in a series C round that more than doubled Move Guides’ capital secured to date to $91m.

  • July 17, 2017

    Cubic to square $40m in funding

    Cubic Telecom is in the process of closing another funding round, some two years after a $20m round backed by Enterprise Ireland.

  • July 14, 2017

    Curve turns Santander interest into $10m round

    Curve, the developer of a payment card that links to multiple accounts, has raised a $10m series A round, though LCIF did not choose to return.

  • July 13, 2017

    SBI Life prepares $1bn IPO

    The flotation has been approved by the board of SBI Life’s parent company, State Bank of India, and will provide an exit to Temasek.

  • July 13, 2017

    LCIF keeps startups going

    The fund, backed by the Mayor of London, has invested close to $7m in 32 startups since last year’s referendum.

  • July 13, 2017

    INCJ conducts investment in CerebrEx

    INCJ has teamed up with UMC subsidiary Fortune Venture Capital for a $7.1m secondary investment in flat-panel display technology developer CerebrEx.

  • July 13, 2017

    Innoviti comes up with $18m

    Tata-backed Innoviti has secured new funding in a round led by a fund backed by FMO and financial services provider SBI.

  • July 12, 2017

    Floadia flows towards $14.5m series B

    Innovation Network Corporation of Japan has taken part in a $14.5m series B round for storage technology developer Floadia.

  • July 12, 2017

    Moglilabs experiments with $12m series B

    International Finance Corporation has taken part in a $12m funding round for Moglilabs, the operator of a business-to-business marketplace called Moglix.

  • July 11, 2017

    Optosecurity finds cover at Vanderlande

    Vanderlande has acquired Optosecurity for an undisclosed sum, providing an exit to BDC Capital and Innovatech Quebec.

  • July 11, 2017

    CompareAsiaGroup finds the right investors to raise $50m

    IFC has led a series B round that boosted the Southeast Asian financial comparison platform's total funding to about $95m.

  • July 10, 2017

    Theva conducts $8m in Bavaria state-backed round

    BayBG and Bayern Kapital have helped superconductor producer Theva close its second funding round in the space of a year.

  • July 10, 2017

    INCJ returns to back Anaeropharma

    INCJ has joined Novartis, joined Shinsei Corporate Investment, Seventure Partners and Mitsubishi UFJ Capital in a $13.2m round for the cancer drug developer.

  • July 7, 2017

    Jawbone locks up as liquidation process begins

    The Kuwait Investment Authority-backed wearable fitness tracker developer was once valued at more than $3bn, but has now begun liquidation proceedings.

  • July 6, 2017

    Gems studies $4bn IPO

    The flotation in London could happen as early as next year, providing an exit to Bahrain Mumtalakat.

  • July 5, 2017

    Snapdeal turns down nine-figure Flipkart offer

    The Temasek-backed online marketplace is reportedly holding out for $1bn, having rejected an acquisition offer of between $550m and $900m.

  • July 5, 2017

    Instarem processes $13m transaction

    Vertex Ventures, Fullerton Financial and the FMO-backed Emerging Asia Financial Sector Fund have contributed to a $13m funding round for the remittance service.

  • July 4, 2017

    Clementia to indulge in $115m IPO

    BDC Capital-backed Clementia Pharmaceuticals has filed for an initial public offering that could raise $115m.

  • July 4, 2017

    Spotinst positions $15m series A

    Vertex Ventures contributed to a series A round for Spotinst, which helps businesses better manage the cost of cloud computing.

  • June 30, 2017

    Aphea.Bio harvests $8.7m series A

    Backed by ParticipatieMaatschappij Vlaanderen, Aphea.Bio is working on a product that can increase crop yield while protecting against fungal diseases.

  • June 30, 2017

    Deal net: 26 – 30 June 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • June 29, 2017

    IDS diagnoses $60m investment

    IFC has injected capital into IDS Medical Systems, a healthcare supply chain services provider majority owned by Fung Investments.

  • June 28, 2017

    BASF helps provide Slips with an $8.6m catch

    BASF Venture Capital, which had led industrial coating supplier Slips Technologies' 2014 series A round, has returned for a round that included Massachusetts Clean Energy Center.

  • June 28, 2017

    Lazada investors exit as Alibaba lays on $1bn

    Alibaba has invested $1bn to increase its share e-commerce marketplace Lazada to 83%, with Temasek remaining the only other external shareholder.

  • June 28, 2017

    Phemi stores $7.6m in series B

    The series B round was led by BDC Capital, which will help Phemi bolster its sales and marketing activities to expand into new verticals.

  • June 27, 2017

    Radisens circles $28m round

    Enterprise Ireland-backed Radisens Diagnostics is working on a diabetes management platform and will use the money to bring its product to market.

  • June 23, 2017

    Repare constructs $68m series A

    BDC Capital and Fonds de solidarité FTQ have backed a $68m series A round for Repare Therapeutics, which is working on treatments for cancer.

  • June 23, 2017

    Kalray processes $26m

    A spinout of Alternative Energies and Atomic Energy Commission, Kalray has developed microprocessor technology that requires only low levels of energy.

  • June 23, 2017

    Deal net: 12 – 23 June 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • June 22, 2017

    Conviva livens up with $40m

    Australia's Future Fund has led a funding round that reportedly valued the video streaming data provider at about $300m.

  • June 20, 2017

    ClassPass clasps $70m in series C round

    The fitness subscription service has now raised more than $150m altogether, securing series C funding from investors led by Temasek.

  • June 20, 2017

    Snips cuts out $13m

    Snips has launched its AI-equipped voice activation platform and revealed a $13m series A round that included Bpifrance.

  • June 20, 2017

    Element AI elevates itself to $102m series A

    The artificial intelligence startup has raised cash in a round that included BDC Capital as well as corporates Tencent, Hanwha Investment, Intel, Microsoft and Nvidia.

  • June 20, 2017

    WhiteSource authors $10m series B

    WhiteSource previously obtained $2.6m in seed funding from the Israel Innovation Authority in 2011.

  • June 20, 2017

    Orum raises $8m series A

    In December, Orum Therapeutics was selected for the Tech Incubator Program for Startup (Tips), a program from South Korea’s Small and Medium Business Administration.

  • June 15, 2017

    Hello bids farewell

    Temasek-backed Hello, which produced a sleep tracker dubbed Sense, has shut down.

  • June 13, 2017

    Protix breeds $50.5m investment

    Brabant Development Agency has committed capital to a $50.5m round for the animal feed producer.

  • June 12, 2017

    Big deal: CDPQ and Temasek help transfer $300m to AvidXchange

    Temasek and Caisse de dépôt et placement du Québec have contributed to a $300m funding round for AvidXchange that also attracted Mastercard and Peter Thiel.

  • June 9, 2017

    Coursera graduates series D with $64m

    EDBI and IFC-backed online education provider Coursera is reportedly valued at $800m after closing a series D round that will support its new enterprise-focused product.

  • June 9, 2017

    AeroFarms harvests $34.3m

    The company has secured an initial $34.3m in series D funding from investors including Dubai government-backed investment firm Meraas.

  • June 9, 2017

    Plynk processes $28m series A transaction

    Enterprise Ireland-backed Plynk has developed a money transfer platform that attracted $28m in series A capital from Swiss Privée.

  • June 9, 2017

    Deal net: 5 – 9 June 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • June 7, 2017

    Monteris administers $26.6m series C

    The round included returning shareholder BDC Capital and will enable further research and development and clinical research.

  • June 6, 2017

    Neigou.com markets $14m series B

    The Chinese government-backed National SMEs Development Fund is among the investors in Neigou.com, which offers employee discounts on third-party e-commerce platforms.

  • June 2, 2017

    TouchBistro taps Recruit for series C

    Rercuit has participated in a $12.1m series C round that featured a host of returning backers such as the Canadian state-backed BDC IT Venture Fund.

  • June 1, 2017

    Bicycle Therapeutics rides towards $52m series B

    Novartis and GlaxoSmithKline have returned to back a series B round that also attracted Singapore state-backed Vertex Ventures and university venturing fund Cambridge Innovation Capital.

  • June 1, 2017

    Wise is clever about series B

    HTGF has participated in a $7.3m series B round for medical device maker Wise.

  • May 26, 2017

    Wuxi NextCode processes $200m round

    Temasek-backed Wuxi NextCode has launched efforts to raise a $200m funding round, with plans to close the transaction in July.

  • May 26, 2017

    Deal net: 22 – 26 May 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • May 26, 2017

    PandaDoc signs up EBRD for $15m series B

    The European Bank for Reconstruction and Development has contributed to a round that will help the contract and document management platform broaden its customer base.

  • May 25, 2017

    Sea secretly files for $1bn IPO

    Khazanah Nasional and Temasek are set to record exits as Sea, the internet services firm formerly known as Garena, files confidentially to float in the US.

  • May 25, 2017

    R3 raids banks for $107m

    Temasek, Intel and Ping An have joined more than 40 financial services firms to provide series A funding for the blockchain fintech consortium.

  • May 25, 2017

    Symic Bio signs on Danish Research Fund for series B

    Den Danske Forskningsfond reinvested in a $30m round for Symic that will support a phase 3 trial for a compound intended to improve vein graft surgery.

  • May 24, 2017

    CIC to move into the US

    China Investment Corporation has opened offices in New York City, replacing its outpost in Toronto, with a view of fostering investments in the US.

  • May 23, 2017

    Robocath channels $5.2m

    Normandie Participation has injected capital into Robocath, which previously obtained money from Bpifrance.

  • May 19, 2017

    From Scratch dashes to $28.4m series C

    The cash, supplied by investors including Innovation Network Corporation of Japan and Rakuten, will be used to enhance the company’s marketing platform B→Dash.

  • May 19, 2017

    CSquared roots out $100m

    CSquared, the company formed to extend Google's Africa-based Project Link fibre optics work, will receive up to $100m from IFC, Google, Mitsui and Convergence Partners.

  • May 19, 2017

    Deal net: 15 – 19 May 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • May 18, 2017

    Frame pictures $16m investment

    The virtual workspace platform has added investors including In-Q-Tel and Microsoft Ventures to its roster of shareholders following a round that boosted Frame’s total to $32m.

  • May 18, 2017

    Snap reveals Temasek backing

    The messaging service, which closed a $3.9bn IPO in March, has named the Singapore state-owned firm as a shareholder in a regulatory filing.

  • May 17, 2017

    Wacai accounts for $42m

    The round was led by China Development Bank, pushing Wacai’s total funding to more than $228m.

  • May 17, 2017

    Cardior shows heart in $16.5m series A

    HTGF has backed a series A round for Cardior Pharmaceuticals, a heart failure-focused spinout of Hannover Medical School.

  • May 17, 2017

    Temasek helps fulfil Wish series F

    Temasek has participated in a series F round of undisclosed size for e-commerce platform Wish, following reports in November that the firm was leading a $500m investment.

  • May 17, 2017

    MS Pharma collects $45m

    International Finance Corporation has injected $45m into the pharmaceutical firm, following a $50m commitment by the European Bank for Reconstruction and Development.

  • May 16, 2017

    Apple nets Lattice Data in $200m deal

    The dark data processing technology developer has been bought by Apple after raising about $20m from investors including In-Q-Tel.

  • May 16, 2017

    Temasek injects capital into Yichang

    The state-owned investment firm, through a series of subsidiaries, has invested in Yichang’s series H round.

  • May 12, 2017

    Guardant Health detects Temasek to secure $360m

    Temasek has taken part in a round that took the liquid biopsy system developer's total funding to about $550m.

  • May 12, 2017

    Deal net: 8 – 12 May 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • May 9, 2017

    Lamellar chooses series C regimen

    Scottish Investment Bank has returned to support a $7.4m series C round for Lamellar Biomedical, having also backed the series A and B rounds.

  • May 8, 2017

    Ace Turtle consults Vertex for $5m series A

    Vertex Ventures and real estate developer CapitaLand have supplied series A funding to Ace Turtle.

  • May 5, 2017

    Taranis harvests $7.5m series A

    Vertex Ventures has co-led a series A funding round for Taranis, a precision agriculture intelligence platform that aims to tackle crop disease and overuse of pest control.

  • May 5, 2017

    Deal net: 1 – 5 May 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • May 4, 2017

    BDC Capital injects another $11m into Pythian

    Pythian has closed a mezzanine funding round led by BDC Capital, which also refinanced an existing $3.7m loan.

  • May 3, 2017

    Wuxi NextCode programs $75m series B

    Temasek has co-led a $75m funding round for genomics company Wuxi NextCode that also attracted biopharmaceutical company Amgen.

  • May 3, 2017

    Zymeworks zooms to public markets

    The cancer-focused antibody developer has secured $58.5m in a US flotation that involved existing investors Celgene and Eli Lilly buying more than $7m of shares.

  • May 2, 2017

    Temasek helps quicken Calysta with $40m

    Temasek has participated in a $40m series D round for Calysta, with corporate backers including Mitsui & Co and Cargill.

  • May 2, 2017

    Riskmethods assesses $14.7m series B

    Bayern Kapital, which previously backed a $6m series A round just over a year ago, has returned to invest in Riskmethods’ series B round.

  • April 28, 2017

    Gojimo passes acquisition test

    Gojimo, a student revision app backed by the London Co-Investment Fund, has been acquired by Telegraph Media Group for an undisclosed sum.

  • April 24, 2017

    News round up 24 April 2017

    A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

  • April 21, 2017

    SenseTime clocks in with $60m

    Sailing Capital International led the facial recognition technology provider's latest funding, which follows a $120m Dalian Wanda-backed round in December.

  • April 21, 2017

    Sidbi serves up capital for Holachef

    The online meal delivery service has raised $5m in its series B round from investors including Sidbi Venture Capital.

  • April 21, 2017

    Deal net: 10 – 21 April 2017

    The Global Government Venturing deal net rounds up all the latest smaller deals and tracks emerging companies accessing government funds.

  • April 20, 2017

    Edotco picks up $100m

    The investment from Malaysia’s retirement fund will help the telecoms infrastructure company continue with its expansion plans.

  • April 20, 2017

    CanSino raises $65m from high rollers

    The Future Industry Investment Fund has taken part in a round that will support the late stage development and commercialisation of four vaccine candidates.

  • April 20, 2017

    Bpifrance backs merger of Microsteel with Besnard

    The public investment bank of France joins Ouest Croissance in backing the deal between steel producer Microsteel and metal and plastic components manufacturer Besnard.

  • April 20, 2017

    Synpromics synthesizes $6.6m

    The company plans to use the capital, supplied by investors including Scottish Investment Bank, to further develop its synthetic promotor and gene control design platform.

  • April 19, 2017

    Grofers and BigBasket enter merger talks

    The merger could provide an exit to BigBasket backer International Finance Corporation, while SoftBank, an investor in Grofers, would look to invest in a round of up to $100m for the merged company.

  • April 19, 2017

    Netshoes reaches $148.5m IPO

    The online sports and lifestyle retailer in Latin America has listed on the New York Stock Exchange, providing exits to GIC, Temasek and IFC.

  • April 19, 2017

    Metamaterial emerges with $6.2m series A

    The smart materials and photonics company plans to accelerate development of tools and commercialisation of its products.

  • April 18, 2017

    News round up 18 April 2017

    A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.

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