News round up 9 July 2018
Posted on 09 July, 2018 by Callum Cyrus, reporter
A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
PSL Innovation Fund will be managed by Elaia Partners and has targeted an $87.5m close having secured Bpifrance and several corporates as backers.
Technology businesses in the agriculture, food and marine sectors are set to benefit.
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.
Nvidia, Topcon, Daikin, Musashi Seimitsu Industry and Japan Post Capital all contributed to the $38.3m round as new investors.
The SoftBank-backed genetic liquid biopsy technology developer has raised a nine-figure renminbi amount in a Shenzhen Capital-led round.
EDBI and Tasly Pharmaceuticals have contributed to a series C round for the immunotherapy developer.
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.
A subsidiary of the Abu Dhabi Investment Authority has joined Fidelity and Rock Springs capital as investors.
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