Alphabet spinoff SandboxAQ raised $500m while Alphabet unit GV helped provide $193m for Aera Therapeutics and $520m for Curie.Bio.

Solar Technicians Installing Solar Panels

Fund

Curie.Bio, the US-based operator of a venture capital firm and startup studio for pharmaceutical startups, has raised $520m in capital from limited partners including internet technology group Alphabet’s GV unit. Its other backers include Arch Venture Partners and Andreessen Horowitz.

Public markets

Xiao-I, a China-based conversational AI technology developer backed by chipmaker Intel and automotive manufacturer Geely, has set a range…

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Edison Fu

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