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LayerX folds in fresh funding

Yahoo Japan’s YJ Capital unit was among the investors in a $27.9m round for the blockchain technology provider that will go to improving its products and hiring talent.

Jun 2, 2020

Didi Chuxing's autonomous driving spinoff draws $500m

SoftBank Vision Fund 2 has led a $500m funding round for the driverless vehicle software developer, which is based on work by Didi Chuxing going back to 2016.

Jun 1, 2020

Yanmade reveals IPO plans

The Legend Capital-backed industrial testing technology provider has filed to raise up to $98.8m when it floats on Shanghai’s Star Market.

Jun 1, 2020

Thinkcyte deduces $15.4m

Cell sorting technology business Thinkcyte has closed an OUVC-backed series A round intended to progress its joint research and unlock an expansion into the US.

Jun 1, 2020

Livzon attends to Atom in $30m round

Atom Bioscience will use the capital from the series B round, which was co-led by Livzon Pharmaceutical, to advance its gout treatment into phase 2 trials.

Jun 1, 2020

ThinkCyte threads through series A funding

Fuyo General Lease and Itochu Technology Ventures both invested as the cell-sorting technology developer completed a $15.3m round.

Jun 1, 2020

Analysis: MGI Tech raises $1bn

Gene sequencing corporate spinoff MGI Tech closed a $1bn series B round backed by IDG Capital and CPE Capital. The company offers an array of products, some of which have been used for Covid-19 detection and forms part of the promising space of genetics tech.

Jun 1, 2020

Corporate venturing deal net: 25-29 May 2020

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

May 29, 2020

Idriverplus parks series C funding

The Arm-backed Hopu-Arm Innovation Fund led a series C1 round for the autonmous driving software developer, whose existing backers include Baidu Ventures.

May 29, 2020

UTokyoIPC unites with corporates for carveout fund

Astamuse and Dream Incubator have combined with University of Tokyo for a carveout fund equipped with just over $26m in capital.

May 29, 2020
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