Cell therapy developer Hopstem completed a $40m Eli Lilly-backed series B round while cybersecurity technology developer SlashNext secured $26m from investors including Telia and Ayala Group.

Funding Cayman Islands-registered cell therapy developer Hopstem closed almost $40m in series B funding yesterday from investors including Lilly Asia Ventures, a corporate venturing vehicle for pharmaceutical firm Eli Lilly. The round was led by an undisclosed venture capital firm and also featured YuanBio Venture Capital. It came after YuanBio led a $15.7m series A-plus-plus round for the company in May this year that included Longmen Capital and Huacheng Venture Capital. US-based cybersecurity software provider SlashNext has received $26m in series B funding from telecommunications group Telia and conglomerate Ayala Group’s Active Fund. They were joined by Norwest Venture Partners (NVP), Wing VC, Alter Ventures and private investors Tom and Matt Gallo, and the round followed a $9m series A co-led by NVP and Wing VC in 2017. SlashNext said last week its total funding stood at $43m and it named Alter Ventures as an existing investor. Family office Ayon has led a $15m series B round CoinRoutes, a US-based cryptocurrency trading software developer backed by crypto-focused financial services provider Bitcoin Suisse, TheStreet reported on Friday. The round valued CoinRoutes at $70m and came after a $3m investment by Bitcoin Suisse in late 2019. Japan-based cancer and fibrosis drug developer Prism BioLab added ¥100m from pharmaceutical firm Eisai to close its series C round at ¥1.4bn ($12.3m) today. The round’s September 2021 first tranche was led by DCI Partners and backed by DBJ Capital, Newton BioCapital Partners, Healthcare Innovation and Gemseki. Pharmaceutical firm Ohara Pharmaceutical and WM Partners were among the participants in a $5.4m round for the company in early 2019. Daphne Technology, a Switzerland-headquartered developer of maritime-based sustainability technology, received $10m on Friday from investors including commodities trader Trafigura, maritime logistics provider AET and petroleum suppliers Shell and Saudi Aramco, the last two through Shell Ventures and Saudi Aramco Energy Ventures (SAEV). The company raised $5m from SAEV, Innovation Fund and an unnamed individual in early 2019 following $130,000 from VentureKick, EPFL, FIT, Bridge, ClimateKIC and Gebert Rüf Stiftung the previous year. Internet technology provider Google’s Gradient Ventures unit has co-led a $6m seed round for US-based customer engagement software developer Social Chat, TechCrunch has reported. Race Capital co-led the round, which also featured angel investors Kevin Lin, Tony Zhao, Ran Makavy, Alanna Gregory and Jack Xie. Beta Finance, the Israel-headquartered creator of a crypto asset trading and lending tool, secured $5.75m in funding from investors including digital asset research provider Delphi Digital on Friday. VC firm Sequoia…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.