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Page 419
Corporate venturing deal net: 6-10 May 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
May 10, 2019Twentyeight-Seven recalculates series A round
Johnson & Johnson, Novartis and Astellas all took part in the first close of a round for oncology therapy developer 28-7 Therapeutics that now stands at $82.8m.
May 10, 2019LifeSprout shoots forth from JHU
Regenerative medicine spinout LifeSprout is advancing JHU research into a nanofibre-fortified gel that can be injected to repair soft tissue.
May 10, 2019Twentyeight-Seven recalculates series A
OUP and Sofinnova Partners invested in 28-7 Therapeutics to take its series A round to $82.8m, enabling the Harvard spinout to pursue accelerated development of its cancer drug pipeline.
May 10, 2019Milestone Pharmaceuticals progresses to flotation
Milestone, a cardiovascular nasal spray developer that raised more than $167m in VC funding from investors including Novo, secured $82.5m in when it went public.
May 10, 2019MGI Tech takes $200m
BGI's gene sequencer spinoff, MGI Tech, has secured $200m in funding from Goldstone Investment, Green Pine Capital and Orient Securities despite a reported $1bn target.
May 10, 2019Cortexyme courses to $75m IPO
Pfizer, Takeda and Alphabet-backed degenerative disease drug developer Cortexyme priced its initial public offering in the middle of its range to raise $75m.
May 10, 2019DispatchHealth gets $33m funding delivery
Corporate joint venture Echo Health Ventures led a $33m funding round that will help fund the home care access platform's expansion in the US.
May 10, 2019Verve Therapeutics pumps in series A funding
GV led a $58.5m round for the heart disease drug developer, which is advancing research conducted at Harvard University and Broad Institute and has a partnership in place with Harvard spinout Beam Therapeutics.
May 9, 2019Neural Analytics nets $22m
TigerMed-backed brain monitor developer Neural Analytics boosted its total funding to $66m in a series C round led by existing investor Alpha Edison.
May 9, 2019About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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