Qualcomm bought portfolio company Cellwize for $350m while Northrop Grumman took part in a $135m round for radar technology producer Echodyne.

Funding US-based security radar technology developer Echodyne has completed a $135m round featuring aerospace and defence manufacturer Northrop Grumman Corporation. Investment manager Baillie Gifford co-led the round with Bill Gates, and it included included NEA, Madrona Ventures, Vulcan Capital and Vanedge Capital. ImCheck, a France-based developer of antibody-driven immunotherapies, has secured €96m ($103m) from investors including a range of corporates. Pharmaceutical firms Boehringer Ingelheim Corporation and Pfizer took part through their Boehringer Ingelheim Venture Fund and Pfizer Ventures unit respectively, while Alexandria Venture Investments represented real estate investment trust Alexandria Real Estate Equities. The round was co-led by Earlybird and Andera Partners with additional backing from Invus, Leukemia & Lymphoma Society Therapy Acceleration Program, Kurma Partners’ Growth Opportunity Fund, Eurazeo, Gimv, EQT Life Sciences, BPIfrance’s Innobio 2, Large Venture subsidiary, Wellington Partners, Agent Capital and Pureos Bioventures. M&A Mobile chipmaker Qualcomm has paid a reported $350m to acquire portfolio company Cellwize, an Israel-based provider of mobile network automation technology. Cellwize had raised a total of over $56m as of a $32m series B round in late 2020, from the corporate’s Qualcomm Ventures unit and additional investors including Intel Capital, Samsung Next, Sonae Investment Management, Verizon Ventures and Deutsche Telekom Capital Partners, representing semiconductor technology producer Intel, electronics manufacturer Samsung, conglomerate Sonae and telecommunications firms Verizon and Deutsche Telekom respectively. Other funding Company nameCompany descriptionSectorCountryRoundSize ($m)Deal dateCorporates; other investors ProximieConnected surgical care technology providerHealthcareUKC8014/06/2022SoftBank (SoftBank Vision Fund 2); Advent Life Sciences (lead), Emerson Collective, British Patient Capital, Mubadala, Minderoo Foundation MoleaerNanobubble technology providerIndustrialUSC4013/06/2022Husqvarna; Apollo Global Management PaymentCloudDigital payment technology developerFinancialUSN/A3513/06/2022Electronic Merchant Systems Alice TechnologiesProject management software provider for the construction industryITUSB3013/06/2022JLL (JLL Spark), Bouygues; Vanedge Capital (lead), Access Partners, Gaingels, Grids Capital, MetaPlanet Meta PharmaceuticalsAutoimmune disease therapy developerHealthcareChinaSeed & Pre-A1514/06/2022Xtalpi; Forcefield Ventures, IMO Venture, Tiantu Capital DastgyrBusiness-to-business e-commerce platformConsumerPakistanA1514/06/2022Veon Atmos LabsPlay-and-earn metaverse sports game publisherMediaUSSeed1113/06/2022Animoca Brands, CoinGecko (CoinGecko Ventures), UniX Gaming, GSR Markets; Sfermion (lead), Collab+Currency, FBG Capital, Alumni Ventures, RedBeard Ventures, DWeb3, LD Capital, Avocado Guild ClausematchPolicy management automation serviceITUKN/A10.814/06/2022Sony (Sony Innovation Fund); Lytical Ventures (lead), Flashpoint FoxstoneReal estate investment platformFinancialSwitzerlandA1013/06/2022Vaudoise Insurance Group, Naef Holding; Rosablanche Ventures ScienceMagic.Studios Digital asset management serviceMediaUSPre-seed1014/06/2022Coinbase (Coinbase Ventures), RealVision, Heni; Liberty City Ventures, Digital Currency Group, Brevan Howard Digital, ThirdPrime, Cultur3, Noam Gottesman, Alan Howard, Frederic Court, Gil Weisblum, Khalili Brothers Vivid GardenOnline fresh produce marketplaceConsumerJapanC9.714/06/2022Shinsei Bank (Shinsei Corporate Investment), Fukuoka Financial Group (FFG Venture Business Partners), Yamaguchi Financial Group (Yamaguchi Capital), Mitsubishi UFJ (Mitsubishi UFJ Capital), Mizuho Bank (Mizuho Capital), Goldwin (Goldwin Play Earth…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.