A round up of all the latest news on www.globalgovernmentventuring.com for our subscribers.
Bpifrance takes lead role in $58m CapDecisif Management fund
The company’s fourth fund plans to focus on digital health investments.
Bharat Innovation Fund ushers in first close
The fund, affiliated with IIM Ahmedabad and backed by SIDBI, has raised approximately $50m for its first close two years after first being announced.
Ascletis to clear $400m in IPO
The Tasly-backed hepatitis C drug developer priced its shares in the middle of their range and is set to float at the start of next month.
Gossamer announces $230m series B close
The Abu Dhabi Investment Authority has backed the business for the first time.
Temasek leads Flywire’s $100m series D round
Bain Capital Ventures and F-Prime Capital both returned to back the payments-processing business.
Bloom Energy generates $270m in IPO
The Eon- and Kuwait-backed fuel cell system producer priced the offering at the top of its range, having previously raised more than $1.3bn in funding.#
Metromile claims $90m in series E round
Tokio Marine and Intact Financial co-led the automotive insurance platform’s series E round, bringing its overall funding to $295m.
Telus joins League in $47m round
Telus Ventures has led a $47m round for the flexible workplace benefits platform that included existing backers BDC Ventures and Royal Bank of Canada.
WeWork China shows it means business, raising $500m
Temasek as well as SoftBank and its Vision Fund were among five investors that co-led the round to double the amount raised by WeWork’s China spinoff to $1bn.