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Corporate venturing deal net: 1-5 February 2021

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

Feb 5, 2021

23andMe links to Virgin in $3.5bn reverse merger

The corporate-backed genetic testing service is joining forces with an NYSE-listed special purpose acquisition company sponsored by Virgin Group.

Feb 5, 2021

Sana Bio plants itself on public markets

The Alphabet-backed immunotherapy developer secured nearly $588m in what was reputedly the largest ever flotation for a preclinical life sciences company.

Feb 5, 2021

Sana Bio boosts IPO to $588m

Harvard-linked Sana brought in nearly four times as much in proceeds as originally planned and saw shares surge 40% on the first day of trading.

Feb 5, 2021

Landos lands $100m IPO

Virginia Tech spinout Landos Biopharma priced its shares at $16 to raise $100m and will use proceeds to advance the development of two treatments for inflammatory bowel disease.

Feb 5, 2021

Infinitus appears with series A financing

The healthcare RPA technology developer has revealed $21.4m in funding from investors including Gradient Ventures, where founding CEO Ankit Jain used to work.

Feb 5, 2021

Inivata inflates series C round to $60m

Johnson & Johnson-backed cancer biospy developer Inivata has added $35m to a series C round anchored by $25m from NeoGenomics in May.

Feb 4, 2021

Daily deal net: February 4, 2021

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Feb 4, 2021

V-Bio pulls in $95m for second fund

V-Bio Ventures, the venture firm affiliated with VIB, will focus on healthcare and sustainable agriculture companies primarily in Belgium.

Feb 4, 2021

Flywheel spins to $15m series B

Hewlett Packard Enterprise and Novartis dRx Capital helped the data management technology developer secure funding that will support product development.

Feb 4, 2021
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