A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
Samsung subscribes to Grover’s latest round
The pay-as-you go consumer product supplier has raised $14m in series A funding from investors including Samsung Next and Hanover Innovation Fund alongside more than $29m in debt.
ClassPass works out $85m series D round
Temasek led a round that increased the total raised by GV-backed fitness membership platform ClassPass to $255m.
Calcivis closes $4.1m round with Scottish support
Scottish Investment Bank was among the returning investors.
LoginRadius measures out $17m in series A
Microsoft subsidiary M12 co-led the customer identity software provider’s series A round with ForgePoint Capital.
Golden Gate lets in $65m
Naver, Hanwha and Temasek have backed the first close of Golden Gate Ventures’ latest fund, which has a $100m target and a focus on Southeast Asia.
6 Dimensions helps hurl $150m to Curon
Cancer immunotherapy startup Curon Biopharmaceutical has raised $150m in series A funding from backers including Temasek and 6 Dimensions Capital.
Arm to hoard Treasure in $600m acquisition
Dentsu is set to exit marketing technology developer Treasure Data in an acquisition by Arm reportedly sized at about $600m.
Bpifrance joins backers of $200m Jerusalem Venture Partners fund
The investment is the agency’s first in an Israeli venture fund.
Venture capital firms in Iran’s legal system: Part two
In the second of a four-part series, international trade law expert Omran Mohammadi looks at the history of Iran’s venture capital firms, its legal framework and related issues.