Daily Deal Round Up: September 7, 2022 -

SoftBank, Bristol Myers Squibb and Hitachi were among Arsenal Biosciences’ $220m round while MegaChips led a $140m round for Morse Micro.

M&A

Pharmaceutical firm Roche has agreed to acquire a portfolio company, Good Therapeutics, which is a US-based self-regulating therapy developer, for $250m in cash and additional earnouts. The company had secured more than $30m in funding from the corporate’s Roche Venture Fund as well as RiverVest Venture Partners, 3×5 Partners, Digitalis Ventures and Codon Capital.

Funding

Company	Company description	Sector	Country	Round	Round size($m)	Deal date	Investors
Arsenal Biosciences	Programmable cell therapy developer	Healthcare	US	B	220	06/09/2022	SoftBank (SoftBank Vision Fund 2), Bristol Myers Squibb, Hitachi (Hitachi Ventures); Byers Capital,… Edison Fu Edison Fu is a reporter and Asia liaison at Global Corporate Venturing. Email LinkedIn LEADERSHIP SOCIETY Informing, connecting, and transforming the global corporate venture capital ecosystem. The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns. Find out more Featured Content FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database. FUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database. CVC DIRECTORY Find details about global CVC units in the CVC Directory CVC DIRECTORY Find details about global CVC units in the CVC Directory SPECIAL REPORT Bumpy road: Self-driving cars make a cautious comeback SPECIAL REPORT Bumpy road: Self-driving cars make a cautious comeback Events Webinar: Designing a winning CVC platform – Engagement, venture development, operations Jan 15, 2025 Online Find out more All events Events GCV Institute: CVC Investment Programs Jan 28 - Jan 29, 2025 Online Find out more All events Events GCV Institute: CVC Investment Programs Mar 17 - Mar 18, 2025 Palo Alto, CA (USA) Find out more All events Events GCVI Summit 2025 Mar 18 - Mar 20, 2025 Monterey, CA (USA) Find out more All events Events GCV Institute: CVC Investment Programs Apr 8 - Apr 10, 2025 Online Find out more All events Events GCV Institute: Landing the Value of Corporate Venturing May 1 - May 6, 2025 Online Find out more All events Events GCV Symposium 2025 Jun 17 - Jun 19, 2025 London (UK) Find out more All events Top News Big exits returned in 2024 as corporates bought portfolio companies Huge AI funds, obesity drugs and carbon capture – the CVC trends of 2024 Updated: 7 new startups reshaping the packaging sector Colombian energy group ISA starts $130m corporate venturing fund Eric King joins 3M spinoff Solventum's CVC Swiss software company Hashgraph forms $100m Web3 venture fund About us GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources. Navigation Membership Events Subscribe Newsletters About Us Contact Us © 2024 Mawsonia Ltd. All rights reserved. test reg Login Remember me Forgot password? Not yet subscribed? See your subscription offers here This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website. SAVE & ACCEPT

Company

Company description

Sector

Country

Round

Round size($m)

Deal date

Investors

Arsenal Biosciences

Programmable cell therapy developer

Healthcare

220

06/09/2022

SoftBank (SoftBank Vision Fund 2), Bristol Myers Squibb, Hitachi (Hitachi Ventures); Byers Capital,…

Edison Fu

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

Email LinkedIn

LEADERSHIP SOCIETY

Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.

Find out more

FUNDING ROUND DATA

Which corporates are backing which startups? Search our corporate deal database.

CVC DIRECTORY

Find details about global CVC units in the CVC Directory

SPECIAL REPORT

Bumpy road: Self-driving cars make a cautious comeback

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GCV Institute: CVC Investment Programs

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GCV Institute: Landing the Value of Corporate Venturing

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GCV Symposium 2025

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Jun 19, 2025
London (UK)

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About us

GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.