News round up 9 July 2018

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

Funds

Université PSL assembles deep tech fund

PSL Innovation Fund will be managed by Elaia Partners and has targeted an $87.5m close having secured Bpifrance and several corporates as backers.

Enterprise Ireland unveils $590,000 startup fund

Technology businesses in the agriculture, food and marine sectors are set to benefit.

 

Deals

Facebook processes Bloomsbury AI acquisition

Facebook has acquired natural language processing technology developer Bloomsbury AI for up to $30m, enabling UCL Technology Fund and the London Co-investment Fund to exit.

Abeja attracts corporates for series C round

Nvidia, Topcon, Daikin, Musashi Seimitsu Industry and Japan Post Capital all contributed to the $38.3m round as new investors.

HaploX hacks series B

The SoftBank-backed genetic liquid biopsy technology developer has raised a nine-figure renminbi amount in a Shenzhen Capital-led round.

I-Mab imports $220m in series C round

EDBI and Tasly Pharmaceuticals have contributed to a series C round for the immunotherapy developer.

ETechAces emits more funding details

A stock exchange filing has revealed Info Edge and Temasek have invested $27.7m in the company, perhaps as part of its recent series F round.

Abu Dhabi backs Kaleido’s $101m series C round

A subsidiary of the Abu Dhabi Investment Authority has joined Fidelity and Rock Springs capital as investors.

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