News round up 25 June 2018
Posted on 25 June, 2018 by Callum Cyrus, reporter
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
The new fund is being run by the British Business Bank and fulfils a 2017 Budget commitment from the Conservative government.
Matt Whineray’s role as CEO of the New Zealand wealth fund has been made permanent.
Immuno-oncology drug developer iTeos Therapeutics has secured funding in a series B round backed by 6 Dimensions Capital and Belgium’s SRIW.
Alibaba Innovation Ventures returned to back deep learning chip developer Cambricon’s series B round, which has attracted hundreds of millions of dollars.
The Canadian cleantech firm is already selling into the US.
The AI firm has been supported by Business Finland.
The PayPal and Qualcomm-backed financial services app developer has received $40m from GIC and Sequoia China, taking its total funding to $117m.
The Scottish medical research firm has been backed by the CRT Pioneer Fund.
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