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Corporate venturing deal net: 7-11 September 2020

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

Sep 11, 2020

Codiak comes back for second IPO attempt

Alexandria Real Estate Equities-backed exosome therapy developer Codiak Biosciences has filed to raise up to $100m having pulled back from an earlier offering last year.

Sep 11, 2020

Korro Bio carries off series A funding

Alexandria Venture Investments contributed to a $91.5m round for Korro, which is working on RNA therapies for liver, eye and central nervous system diseases.

Sep 11, 2020

Truepill executes $75m series C

Optum Ventures returned to help the patient engagement platform developer close a round that came just two months after its last funding.

Sep 11, 2020

Oncomfort obtains series A cash

Debiopharm Innovation Fund and Crédit Mutuel Innovation co-led an $11.9m round for the digital pain management technology provider.

Sep 11, 2020

Recursion takes $239m funding excursion

The drug discovery technology producer received $50m from strategic partner Bayer in the round, which valued it at about $1.2bn post-money.

Sep 10, 2020

Grail to pour itself on to public markets

Illumina's cancer diagnostics spinoff, which has raised more than $1.9bn in funding, has filed to float on the Nasdaq Global Select Market.

Sep 10, 2020

Do Ventures opens doors to $28m first close

The Vietnam-focused venture firm’s maiden fund has attracted commitments from limited partners Naver, Sea and Woowa Brothers on the way to a $50m target.

Sep 9, 2020

Jianjia fits in series B funding

The $14.6m round was co-led by distribution partner Fosun Pharma and also featured existing investor Baidu Ventures,

Sep 9, 2020

Alkahest aligns with Grifols for $146m acquisition

Grifols agreed the deal five years after supplying $50m in equity and development financing for the neurodegenerative disease therapy developer.

Sep 8, 2020
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