News round up 15 May 2017

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

News

How you can help the entrepreneurs you care about succeed: lessons from 26 communities worldwide

Ross Baird, chief executive at Village Capital, takes a closer look at accelerators and entrepreneur support programs and asks: do they work?

 

Funds

China unveils $2.6bn fund

The Ministry of Finance, the National Development and Reform Commission and the State Development and Investment Corporation are among the backers of the new VC fund.

IFC reaches for Stellaris with $10m

Stellaris Venture Partners India I, a technology-focused early-stage fund with a $100m target size, has secured a $10m commitment from the International Finance Corporation.

BDC stands up for startups

BDC Capital has backed the StandUp Ventures Fund I, a women-focused fund that has made its first investment in Tealbook.

 

Deals

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.

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.

Ace Turtle consults Vertex for $5m series A

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

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.

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