Investments & Deals

  • January 19, 2018

    PharmaFluidics collects $9m

    The VUB spinout has been backed by Flemish government investor PMV as it prepares to increase production of its chemical separation technology.

  • January 19, 2018

    India’s SIDBI backs office firm Corporatedge

    The state-backed bank’s venture capital arm has invested an undisclosed sum in the company.

  • January 19, 2018

    Innovent explores $200m IPO

    The Chinese government-backed cancer drug developer is reportedly valued at $1bn and is eyeing an initial public offering that could raise up to $200m.

  • January 19, 2018

    Wattpad absorbs $51m

    Business Development Bank of Canada was among the investors in a round that reportedly values the publishing platform at almost $400m post-money.

  • January 19, 2018

    Kuehne + Nagel and Temasek package investment agreement

    The joint venture will target early-stage logistics services and technologies such as big data, predictive analytics and artificial intelligence.

  • January 12, 2018

    Anon AI identifies $463,000 investment

    The London Co-Investment Fund has provided capital to data anonymisation software producer Anon AI alongside the UCL Technology Fund, AI Seed and Ascension Ventures.

  • January 12, 2018

    KBP kicks back with $76m

    KBP Biosciences, which is developing drugs for disease areas of unmet need, raised the series A funds from investors including China’s State Development & Investment Corporation.

  • January 12, 2018

    NextCapital accounts for corporates in $30m round

    Vermont Seed Capital Fund returns for NextCapital’s series C round, which took the financial advice provider's overall funding to $52m.

  • January 12, 2018

    NGCodec cracks $8m in series A round

    The US National Science Foundation was among the backers for NGCodec, a video compression software developer looking to facilitate cloud-based streaming on virtual reality headsets.

  • January 12, 2018

    Danish Growth Fund makes $30m Area9 Lyceum investment

    The Copenhagen-based education technology company will use the funds for business development and a new platform roll-out.

  • January 12, 2018

    Orb Energy raises $15m for Kenyan operations

    The sustainable energy firm has been backed by the Dutch and US governments.

  • January 12, 2018

    Israel backs FieldIn’s $4m seed round

    The Israel Innovation Authority has taken part in a $4m seed round for agtech startup FieldIn.

  • January 8, 2018

    Investinor leads $12.5m Swarm64 series B round

    Data analytics software producer Swarm64 has raised $12.5m in a round that was co-led by Norway’s Investinor, taking its total funding to more than $21m.

  • January 8, 2018

    Rewind records $18.3m series A

    The KU Leuven spinout is researching remedies for debilitating diseases of the nervous system such as multiple sclerosis.

  • January 8, 2018

    Miracor Medical raises $30m in series D round

    The Austrian firm received support from several Belgian state investors.

  • January 8, 2018

    MindTrace draws $1.8m seed round

    Based on research at University of Manchester, MindTrace is working on artificial intelligence for autonomous vehicles that is able to continuously improve itself.

  • January 8, 2018

    Temasek joins $123m series D round for spider-silk startup Bolt Threads

    Bolt Threads’ latest round of funding has generated $123m.

  • January 3, 2018

    Temasek and EDBI take a slice of Pear

    The Singaporean state-owned duo have invested in digital therapeutics software developer Pear, which has created prescription-level treatments for drug use disorders.

  • December 28, 2017

    WM Motor revs up with new funding

    China Structural Reform Fund has joined Tencent, Wukuang Capital and Sequoia China to invest in the electric car developer.

  • December 27, 2017

    Forsee plugs into EIB funding

    European Investment Bank joined Idinvest Partners and Mitsui for a $65.4m round for smart battery system producer Forsee Power.

  • December 27, 2017

    Enterprise Ireland finds Clavis exit

    E-commerce analytics provider Clavis has been bought by business data provider Ascential in a deal worth at least $119m.

  • December 22, 2017

    Deal net: 18 – 22 December 2017

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

  • December 22, 2017

    Alize aligns itself with Millendo

    Obesity drug developer Alizé Pharma has been picked up by biopharmaceutical firm Millendo, allowing BPifrance to exit.

  • December 21, 2017

    Coverfox covets $10m from IFC

    International Financial Corporation is analysing a potential investment in insurance platform Coverfox, which closed a $15m series C round in June.

  • December 20, 2017

    Temasek helps Tessa tie up $80m

    Tessa Therapeutics, a developer of cancer treatments that could destroy tumours from within, has raised $80m from investors also including EDBI.

  • December 19, 2017

    EIF backs $160m Nordics-focused fund

    Finland-based Inventure Partners’ third fund will enter seed and series A rounds for businesses from the Nordic and Baltic regions.

  • December 18, 2017

    Mellon fastens $7m round

    State-owned development agencies Oost NL and Brabantse Ontwikkelings Maatschappij have both backed Mellon, which has developed a device that stitches surgical incisions.

  • December 18, 2017

    Skymet forecasts KfW-backed series C

    Skymet hopes to use its network of 6,000 automatic weather stations to provide businesses with information of climate, crops and extreme weather events.

  • December 18, 2017

    Leadspace leaps into series C

    The $21m in capital will be used to expand Vertex-backed Leadspace’s headcount in the US and Israel.

  • December 15, 2017

    Deal net: 11 – 15 December 2017

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

  • December 14, 2017

    Investors venture into iSpace

    The lunar exploration company has raised $90.2m in a series A round featuring Innovation Network Corporation of Japan and Development Bank of Japan.

  • December 14, 2017

    Veritas Finance seeks $10m truth

    CDC Group has injected $10m into Veritas Finance, a lending platform targeting micro, small and medium-sized enterprises in rural and semi-urban locations.

  • December 14, 2017

    iZettle nets funding at a $950m valuation

    The Intel, Mastercard, Amex and Santander-backed small business payment and revenue platform has raised $47.3m in a round that included the Fourth Swedish National Pension Fund.

  • December 14, 2017

    36Kr Media reports $45m series A round

    The VC and technology-focused news platform, a spinout from technology group 36Kr, has raised capital from investors including Hangzhou Finance Investment.

  • December 13, 2017

    Affirm validates $200m round

    Affirm provides loans to young people in the US so they can purchase high-value items such as mattresses or holiday direct from the vendor.

  • December 13, 2017

    IFC finances Creditas in $50m round

    International Finance Corporation, an investor in Creditas' $19m series B round earlier this year, returned for a $50m series C that will support product development.

  • December 13, 2017

    TactoTek shapes $5.9m round

    Finnvera and Tekes-backed TactoTek has attracted $5.9m in funding from Ascend Capital Partners.

  • December 13, 2017

    InnovaCorp seeds two funds with $19m

    The funds will target technology businesses in Nova Scotia and the Atlantic Canada region after a report showed the province’s VC investments were trailing the national average.

  • December 13, 2017

    Irish agencies score Crospon exit

    Enterprise Ireland and Western Development Commission have secured an exit after medtech developer Crospon was bought by Medtronic for $45m.

  • December 12, 2017

    Mafengwo books $133m Temasek-backed series D

    The travel booking business is planning to refine its supply chain and strengthen its tie-ups with leisure service providers, including hotels.

  • December 12, 2017

    Ireland picks 21 for $70m fund

    The projects will share $35m from the Regional Enterprise Development Fund aimed at spurring economic growth.

  • December 12, 2017

    Mubadala racks up investments

    Deputy chief executive Waleed al-Muhairi said Mubadala has backed biotech and AI and could score several exits next year.

  • December 12, 2017

    SIB pins down $2.4m investment

    The government-owned Scottish Investment Bank has backed advanced laser developer UniKLasers with $1.4m and medtech vendor PhysioMedics with $1m.

  • December 12, 2017

    Fusion Antibodies amps up for IPO

    Queen's University spinout Fusion Antibodies is targeting $7.4m in proceeds in an IPO that will provide an exit to Qubis and Invest NI.

  • December 12, 2017

    Xiaoe Weidian scans $30.2m series B

    The automated retail operator has been backed by the provincial government of Hainan and the state-owned Zhongguancun Science Park.

  • December 12, 2017

    France awaits UAE investment

    UAE is expected to capitalise on French economic reforms under president Emmanuel Macron with greater investment from a $1.2bn drive unveiled in November 2017.

  • December 11, 2017

    Skolkovo to launch Russian-Chinese collaboration

    The Russian state-backed research arm will partner China’s TUS Holdings to plug China-based tech businesses into Russia’s research ecosystem.

  • December 8, 2017

    Indigo grows series D to $203m

    The crop treatment developer has added $47m from Investment Corporation of Dubai to the $156m it raised in September, and will use the cash to open additional international offices.

  • December 7, 2017

    Enveil covers In-Q-Tel investment

    Data security software developer Enveil has added an In-Q-Tel investment to funding from Thomson Reuters, Bloomberg Beta and USAA last month.

  • December 7, 2017

    Vertex pays for a piece of Obsidian

    Singapore's Vertex Ventures was among a consortium that put up $49.5m for gene and cell therapy startup Obsidian Therapeutics' series A round.

  • December 7, 2017

    Scottish Investment Bank stakes two

    The Scottish Enterprise-owned Scottish Investment Bank has backed a $1.4m round for laser technology developer UnikLasers and a $1m round for joint and muscle diagnostics startup PhysioMedics.

  • December 7, 2017

    Tedco tips $800,000 to six Maryland startups

    The state-founded startup hub and VC firm has backed Discourse Analytics, Knowledge Diffusion, Rise Therapeutics, Workspace Software, XMD Diagnostics and Linshom Management.

  • December 6, 2017

    RDIF and Alibaba form internet investment alliance

    The firms will back Russia-based online businesses assessing international expansion as well as investments that improve the country’s network infrastructure.

  • December 5, 2017

    Investors get into Groove X

    Innovation Network Corporation of Japan has co-led a corporate-packed series A round for robotics developer Groove X initially sized at $38.7m.

  • December 5, 2017

    Ontario provides Think Research with up to $4m

    Think Research provides cloud-based medical services such as data analysis and collaboration tools to more than 1,000 clients in Canada, the US and Europe.

  • December 5, 2017

    CPPIB to absorb ReNew Power stake

    The Canadian government-owned pension board is understood to be preparing to invest up to $350m in ReNew, which operates wind and solar power plants in India.

  • December 5, 2017

    Singapore targets 20 deep-tech investments

    State-owned SGInnovate will make the commitments during 2018 to deep-tech businesses seeking pre-seed, seed and series A capital.

  • December 5, 2017

    Trameto collects seed round

    The Swansea University spinout secured equity funding from Swansea Innovations and the Development Bank of Wales to develop energy harvesting technologies.

  • December 1, 2017

    ReversingLabs classifies $25m series A

    The company, which entered into a strategic partnership with In-Q-Tel in 2012, has closed a round co-led by Trident Capital Cybersecurity and JPMorgan Chase.

  • December 1, 2017

    Mojio mixes series B cocktail

    BDC IT Venture Fund has returned to take part in a $23.3m series B, having previously supported a $15m series A round closed in December 2016.

  • November 30, 2017

    Codiak develops $76.5m series C

    Alaska Permanent Fund and Qatar Investment Authority were among the investors in a series C round for Codiak Biosciences.

  • November 30, 2017

    Yaskawa transfer $15m to Transphorm

    Yaskawa Electric has injected $15m into INCJ-backed Transphorm, a semiconductor technology producer already backed by Nihon and Alphabet.

  • November 29, 2017

    Doctolib books Bpifrance for $41.6m round

    The round takes medical appointment booking platform Doctolib’s funding total to $101m and will help fund further expansion in France and Germany.

  • November 29, 2017

    Fineway makes its way to $8.3m series A

    Axel Springer and MairDumont are among the backers in Fineway’s series A round, which also featured Bavaria state-owned investment firm Bayern Kapital.

  • November 29, 2017

    Tencent joins Uber secondary transaction

    SoftBank and Dragoneer have been joined by Tencent, Sequoia Capital and TPG as investors hoping to purchase shares in a secondary transaction.

  • November 29, 2017

    Temasek explores sale of Zuellig Pharma stake

    The Singapore state-owned investment firm is interested in selling its 20% stake in Zuellig Pharma and could seek as much as $1bn.

  • November 28, 2017

    Temasek and CDPQ eye Asia Healthcare stake

    The transaction, which would value medical centre holding company Asia Healthcare at $285m to $300m, would reportedly mark CDPQ’s first Indian healthcare investment.

  • November 28, 2017

    Bloomberg exits Immunio

    Trend Micro has acquired Immunio for an undisclosed amount, enabling BDC Capital and Bloomberg to exit.

  • November 27, 2017

    Huochebang heads for $2bn merger

    Huochebang, backed by IFC, is set to merge with its local peer Yunmanman in a deal that would value the combined entity at more than $2bn.

  • November 27, 2017

    QCP refines LyondellBassel partnership

    LyondellBassel will buy stakes from the local government of Limburg and VC firm Chemelot Ventures as QCP prepares to expand its polymer recycling operation.

  • November 24, 2017

    3D Medicines structures $101m round

    The funding round was led by China Reform Holdings, through policy fund China State-Owned Assets Venture Investment Fund.

  • November 24, 2017

    Ncardia carries $12.5m series B

    The regenerative medicine company was forged from the merger of biotech businesses Pluriomics and Axiogenesis in September 2017.

  • November 24, 2017

    Siemens draws in Solido Design Automation

    The acquisition of BDC-backed automated design developer Solido will complement Siemens’s purchase of Mentor Graphics Corporation in March 2017.

  • November 24, 2017

    StartToday considers whether StretchSense fits

    E-commerce portal StartToday has taken an option on NZVIF-backed sensor manufacturer StretchSense after using the Auckland spinout’s technology for its body measurement device.

  • November 24, 2017

    Deal net: 20 – 24 November 2017

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

  • November 23, 2017

    Advicenne launches $36m IPO

    The company’s existing investors, including Bpifrance, have committed to purchasing a total of $14.8m worth of shares in the offering.

  • November 22, 2017

    Step Pharma climbs $17m series A

    The biopharmaceuticals developer is developing therapies for autoimmune diseases and will use the Bpifrance-backed series A round to pursue clinical testing.

  • November 22, 2017

    Divergent 3D produces series B funding

    The vehicle manufacturing technology developer has raised $65m+ in a round backed by the Shanghai Municipal Government that could eventually close at $107m.

  • November 22, 2017

    Portea carries $26m in series C round

    IFC has returned to contribute another funding round, having previously taken part in in-home healthcare service Portea Medical’s series B round.

  • November 22, 2017

    Enterprise Ireland marks milestone for women-led enterprises

    Gender equality was a core objective in the EU’s Horizon 2020 policy framework, and Enterprise Ireland's ambition is to mirror the level of female entrepreneurship seen in the US.

  • November 22, 2017

    Nautilus sails to $26m series C

    Nautilus will launch a manufacturing centre in Ireland for its water-cooled data centres following ISIF’s $5m commitment to its latest funding round.

  • November 21, 2017

    Neiwai checks out $10.5m series B

    The lingerie fashion brand now counts Vertex Ventures among its investors, after the Temasek-backed firm led a $10.5m series B round.

  • November 17, 2017

    Deal net: 13 – 17 November 2017

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

  • November 16, 2017

    Spire enters $70m series C orbit

    The Luxembourg Future Fund has committed capital to Spire as the nanosatellite company chooses the grand duchy as the location for its European headquarters.

  • November 16, 2017

    Kaseya cradles $44.7m funding round

    The capital will allow Kaseya to expand the headcount of its Irish operations by 130, with some recruits arriving through internship collaborations with local universities.

  • November 15, 2017

    EBR Systems takes $50m pulse

    MRCF, a life sciences-focused vehicle backed by the governments of Australia and New Zealand, has co-led an investment in wireless pacemaker developer EBR Systems.

  • November 15, 2017

    Dynamic Biosensors detects $6m

    Bayern Kapital has returned to back a series B round for Dynamic Biosensors, a spinout from Technical University of Munich.

  • November 15, 2017

    Poshmark spots series D investors

    Temasek has led an $87.5m round for Poshmark that took its total funding to nearly $160m but which did not include existing backer Shea Ventures.

  • November 15, 2017

    Yidian Zixun reports $112m in funding

    The news aggregation app, which was 47% owned by Phoenix New Media as of 2015, has received funding from backers including a government guidance fund.

  • November 15, 2017

    Active.ai switches on $8.3m series A

    Vertex Ventures has co-led a round for Active.ai, which has developed an artificial intelligence chatbot aimed at the financial services sector.

  • November 14, 2017

    1MData unseals series B

    The Chinese Ministry of Finance-backed SME Development Fund has taken part in a series B round for 1MData.

  • November 14, 2017

    ISIF backs $294m patient capital fund

    The vehicle will make initial investments of $2.35m to $11.7m and take 10% to 40% equity in growth-stage startups seeking patient capital.

  • November 14, 2017

    Apple faces up to InVisage Technologies acquisition

    Imaging technology provider InVisage has been bought by Apple for an undisclosed sum allowing OnPoint Technologies to exit.

  • November 13, 2017

    Interaxon finds its series B-1 muse

    Interaxon has manufactured a wearable headband for meditation practice and has licensed the technology to eyewear manufacturer Safilo Group.

  • November 10, 2017

    France and UAE rally $1.2bn funds

    The two will boost the $350m Franco-Emirati Fund by $232m and will set up an additional $582m fund aimed at later-stage technology companies.

  • November 10, 2017

    Yotpo generates $51m series D

    Access Industries, through its Israeli subsidiary ClalTech, returned to back a series D round that also featured Vertex Ventures as a first-time investor.

  • November 10, 2017

    Deal net: 6 – 10 November 2017

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

  • November 10, 2017

    LendingCrowd counts $4m for loan agreements

    The Scottish Enterprise-backed peer-to-peer lending platform is aiming to provide 37.5% of its projected UK loan book to Scotland-based companies in 2018.

  • November 8, 2017

    VeloCloud to float over to VMWare

    VMWare has agreed to acquire portfolio company VeloCloud Networks, in a deal that will give an exit to Khazanah Nasional.

  • November 8, 2017

    EOC Pharma tackles $32m series B

    EOC Pharma has licensed six mid to late-stage oncology drugs for release in the Chinese market and will aim to acquire additional assets with the series B funding.

Most read

  1. News round up 2 January 2018

    January 02, 2018

  2. 2017: year in review

    January 10, 2018

  3. Temasek and EDBI take a slice of Pear

    January 03, 2018

  4. WM Motor revs up with new funding

    December 28, 2017

  5. Investinor leads $12.5m Swarm64 series B round

    January 08, 2018