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Page 792

Vedanta holds nerve to grow series C

JSR and SymBiosis took part in an $18.5m series C extension for PureTech spinoff Vedanta, growing the Bristol-Myers Squibb and PureTech Health-backed round to $45.5m.

May 14, 2019

Understory weathers storm for $5.3m

Warf-backed 4490 Ventures has returned to supply funding to weather analytics service Understory in support of the latter’s international expansion and recruitment strategy.

May 14, 2019

Big deal: Verve shows $58.5m series A enthusiasm

The series A, led by corporate venturing unit GV, may not have been last week’s largest deal, but Verve’s tie-up with fellow Harvard spinout Beam Therapeutics tells an intriguing story.

May 13, 2019

JD.com gees up $1bn for healthcare spinoff

JD.com has secured CICC Capital, Baring Private Equity Asia and CPEChina Fund for a series A round expected to value its healthcare spinoff at $6.9bn.

May 13, 2019

Greensill leans into $800m Vision Fund investment

SoftBank Vision Fund is investing $800m in Greensill, a platform that provides working capital to businesses, at a reported $3.5bn valuation.

May 13, 2019

CEC electrifies Qianxin with $542m

Qihoo 360 spinoff Beijing Qianxin Technology has received approximately $542m from China Electronics Corporation at a valuation of $2.4bn.

May 13, 2019

Pulmonx pulls in $65m

The Posco-backed pulmonary device maker has collected $65m in an oversubscribed round led by Ally Bridge Group, taking its equity funding to $135m to date.

May 13, 2019

LetsGetChecked sets down $30m series B

The Optum-backed round was led by Leerink Transformation Partners and will fund the home medical test provider's international expansion plans.

May 13, 2019

Health IQ heads to $55m series D

Hanwha Asset Management contributed to a round that boosted the online life insurance provider's overall funding to about $140m.

May 13, 2019

The First Movers invites applications

Samurai Incubate Fund VI, backed by corporates such as Keikyu, Mitsui Sumitomo Insurance and Seino Holdings, is set to start accepting applications for the second edition of The First Movers program.

May 13, 2019
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