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Page 134

Escient becomes recipient of series B funding

The autoreactive and neuro-inflammatory disease therapy developer closed a $77.5m round co-led by Sanofi Ventures that took its total funding to more than $117m.

Sep 16, 2020

Escape Bio escalates funding with $73m

The precision medicine developer attracted returning investors Novo, Novartis Venture Fund and Johnson & Johnson Innovation – JJDC for a crossover financing round.

Sep 16, 2020

Carousell spins $80m round

The e-commerce marketplace secured $80m in a round led by Naver and backed by its Mirae Asset-Naver Asia Growth Fund at a post-money valuation topping $900m.

Sep 16, 2020

Acko stacks up $60m in series D

The online insurer took its total valuation to $500m in a round led by Munich Re Ventures and backed by fellow corporate investors Amazon and Intact Financial.

Sep 16, 2020

Escape Bio hatches $73m

Escape Bio, a spinout of Gladstone Institutes, has secured the return of Osage University Partners, Novartis, Novo and Johnson & Johnson.

Sep 16, 2020

MDLive goes to Sixth Street for $50m

The investment firm supplied $50m for telehealth platform developer MDLive, which already counts Sentara, Cigna, Sutter Health, Novo and HCSC as investors.

Sep 16, 2020

Escient scratches $77.5m series B itch

The Johns Hopkins spinout has raised cash from OUP as it looks to move its first candidate, targeting skin itch complications, into the clinic.

Sep 16, 2020

SAIC Motor sends funding to WM Motor

The electric vehicle producer received $73.1m from SAIC's parent company as it reportedly mulls an initial public offering that could value it at $4.3bn.

Sep 15, 2020

Merck GHI helps AeroSafe lock in funding

Merck Global Health Innovation Fund has contributed to a $47.5m round for AeroSafe Global, which provides cold supply chain services to pharmaceutical clients.

Sep 14, 2020

Xometry zooms to $75m

BMW, Dell and Robert Bosch all returned for a $75m round that brought the manufacturing marketplace’s overall equity financing to $193m.

Sep 11, 2020
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