Investments & Deals

  • 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.

  • April 18, 2017

    Invest Nebraska splashes out on Ink Labs

    The smart printer company has raised $6.65m in seed funding and will relocate its headquarters to Nebraska.

  • April 18, 2017

    BDC helps water Agrisoma’s series B crops

    Biofuel producer Agrisoma hopes to expand and scale up production of its crops for fuel and animal feed thanks to a $11.5m series B round.

  • April 13, 2017

    Actility advances to $75m series D

    The internet-of-things technology developer has pulled in funding from backers including Bpifrance, Robert Bosch, Foxconn, Inmarsat, Swisscom, KPN and Orange.

  • April 13, 2017

    Intapp hits up Temasek for funding

    The software developer for law firms and professional service firms plans to fund its expansion and broaden its offerings.

  • April 13, 2017

    NRW Bank rides with Unu

    The $7.9m investment in the smart electric scooter company will fund the development of new products and drive market expansion into France and the Netherlands.

  • April 11, 2017

    Neuravi has acquisition on its mind

    Johnson & Johnson subsidiary Codman Neuro has acquired Enterprise Ireland-backed Neuravi for an undisclosed amount.

  • April 10, 2017

    Zymeworks looks to construct $75m IPO

    Eli Lilly is the oncology antibody developer's largest shareholder, while other investors include BDC Capital and Fonds de solidarité FTQ.

  • April 10, 2017

    ReNew Power targets $600m in IPO charge

    The wind and solar power producer has raised more than $850m in total equity funding, including from Abu Dhabi Investment Authority.

  • April 7, 2017

    Industrifonden banks on Meniga

    The digital banking and marketing technology company Meniga plans to fund its R&D and sales teams thanks to an $8m funding round.

  • April 7, 2017

    Deal net: 27 March – 7 April 2017

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

  • April 6, 2017

    Astellas to acquire Ogeda for $853m

    SRIW, the investment arm of Wallonia’s government that contributed to series A and B rounds, is set to celebrate an exit as Astellas agrees to acquire Ogeda for $853m.

  • April 6, 2017

    Darpa helps implant $10m in Synchron

    Darpa is among the investors in Synchron, which is looking to trial minimally-invasive neural interface technology based on research conducted at Melbourne University.

  • April 6, 2017

    STT reinforces Armor with $89m investment

    The investment from Singapore Technologies Telemedia will accelerate the adoption of the company’s managed security platform.

  • April 5, 2017

    Amadeus joins Iyzico’s $15m series C cast

    The firm has provided a $2m extension to the series C round, which previously closed with an initial $13m from investors including International Finance Corporation.

  • April 5, 2017

    Arralis appears on Hong Kong-based consortium’s radar

    Enterprise Ireland is among a group of investors exiting as part of the round, which will add up to 25 new jobs.

  • April 4, 2017

    Norfund dishes up funding for Verde Beef Processing

    Verde Beef Processing has received $7.4m investment to construct abattoir.

  • April 4, 2017

    CDPQ lifts up Eddyfi with $27m

    The investment will help Eddyfi’s international expansion through strategic acquisitions.

  • April 3, 2017

    News round up 3 April 2017

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

  • March 30, 2017

    Benson Hill to grow with $25m series B

    Missouri Technology Corporation, an investor in Benson Hill Biosystems since its seed round, has contributed to the agricultural technology developer's latest round.

  • March 28, 2017

    Saphlux lights up with $5m investment

    The LED technology developer, based on research conducted at Yale University, has raised $5m from investors led by Leyard.

  • March 28, 2017

    Bpifrance helps engineer $24m Segex buyout

    The secondary buyout of Segex means employees now hold approximately 60% of the shares.

  • March 28, 2017

    Kaloom makes an impact with $10.7m series A

    Fonds de solidarité FTQ led the series A round, which closed in December 2016 but has only been disclosed now.

  • March 24, 2017

    Amazon grabs a $650m bargain in Souk

    IFC has exited Middle Eastern e-commerce company Souq, which raised money at a $1bn valuation just over a year ago.

  • March 24, 2017

    Deal net: 20 – 24 March 2017

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

  • March 23, 2017

    IFC studies $25m Minsheng investment

    IFC has injected $25m in Minsheng Education as part of the company’s initial public offering on the Hong Kong Stock Exchange.

  • March 23, 2017

    Bpifrance-backed Teads joins Altice

    Altice has acquired adtech business Teads at a valuation of $308m, though a quarter of the purchase price will be subject to revenue targets this year.

  • March 22, 2017

    Netshoes approaches $100m IPO

    Temasek, GIC and IFC stand to celebrate an exit as Netshoes files for an initial public offering on the New York Stock Exchange.

  • March 22, 2017

    Vertex helps carry $14m to Geek+

    Logistics robot developer Geek+ has secured series A+ funding, adding to a $7m series A round raised last year.

  • March 22, 2017

    Advicenne listens to Bpifrance for $17.2m round

    Bpifrance, through InnoBio, has participated in a funding round for Advicenne, which is working on therapies for orphan renal and neurological conditions.

  • March 20, 2017

    News round up 20 March 2017

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

  • March 17, 2017

    Nio nabs $87m in new funding

    Baidu and Tencent have led the latest round for the smart electric vehicle developer formerly known as NextEV, with Lenovo and IDG Capital also contributing.

  • March 17, 2017

    Moximed maximises $50m series C

    The oversubscribed round has been backed by Vertex Healthcare, a fund owned by Vertex Ventures, and Australia’s Future Fund.

  • March 17, 2017

    EDBI livens up Livongo in $52.5m round

    EDBI has contributed to a round featuring all Livongo's existing investors, which include Merck, Wanxiang and Blue Cross Blue Shield of Massachusetts.

  • March 17, 2017

    Deal net: 13 – 17 March 2017

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

  • March 15, 2017

    Scohia Pharma to spin out of Takeda with $87m

    Innovation Network Corporation of Japan has joined forces with Takeda Pharmaceutical and Medipal Holdings to set up Scohia Pharma with an initial investment of $87m.

  • March 15, 2017

    Crealytics generates series C buzz

    The adtech company has closed a $9.3m series C round that included existing investors such as HTGF and Bayern Kapital.