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Corporate venturing deal net: 24-28 February 2020

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

Feb 28, 2020

Passage Bio leads investors to $216m IPO

The Access Industries and Eli Lilly-backed genetic drug developer floated at the top of its range having increased the number of shares in the offering by 60%.

Feb 28, 2020

Cera Care cashes in with $70m

Auriens-backed Cera boosted its overall funding to $91m as it seeks both domestic and international expansion for its home elderly care service.

Feb 28, 2020

Cyagen Biosciences concludes series B round

Cyagen's Chinese research product spinoff raised $40.5m and will use the funding to grow its business along with its contract research services.

Feb 28, 2020

Aivita makes it halfway to $25m

Stem cell medicine and skincare product developer has added $12.5m as part of a series B-2 round that will come after $15m from SFC two years ago.

Feb 27, 2020

Takeda to pay up to $330m for PvP

Takeda has bought celiac disease therapy developer PvP Biologics, three years after acquiring an option to buy it in return for $35m in financing.

Feb 27, 2020

Hadasit revisits Kahr in $18m round

Existing investor Hadasit Bio-Holdings took part in a round that pushed the immuno-oncology therapy developer's overall funding tally to more than $35m.

Feb 25, 2020

Corporates help pump funding into Cardionomic

Cleveland Clinic and Ascension Ventures contributed to a $15.8m round for Cardionomic, which is developing a neuromodulation system to treat heart failure.

Feb 25, 2020

Karius passes series B test with $165m

The blood test developer took in $165m through a series B round led by SoftBank Vision Fund 2 that came three years after a Tencent-backed series A.

Feb 25, 2020

Invetx gets $15m in investment

Manufacturing partner WuXi Biologics participated in a series A round for the startup, which aims to transfer human biopharmaceutical practices to animal drug development.

Feb 25, 2020
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