News round up 5 February 2018
Posted on 05 February, 2018 by Thierry Heles, editor
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
Venture capital firm Stellaris Venture Partners is targeting $100m for its first fund and has attracted the Small Industries Development Bank of India as well as Cisco, SAP and Infosys as limited partners.
The fund plans to invest in early-stage technology companies in the country.
The Canadian government-backed BDC unveils investees and looks forward to initial VCCI funding proposals.
Messenger RNA therapy developer Moderna Therapeutics, which counts Singapore’s EDBI and the Abu Dhabi Investment Authority as backers, has now raised a total of $1.6bn in equity funding.
The Temasek offshoot was joined by Pelion Venture Partners.
The car-sharing company plans to roll out its service in Brazil’s largest city.
IFC has taken a minority stake in the Brazil-based e-logistics company.
Temasek subsidiary Pavilion Capital was among the investors raising $10m for the drug-discovery firm.
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