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Corporate venturing deal net: 8-12 June 2020

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

Jun 12, 2020

Alkemics collects series C funding

The retail collaboration platform developer has now raised more than $52m in total, existing backer SEB Alliance returning for a $23.9m round.

Jun 12, 2020

Checkmate wins $85m

Novo co-led the series C round with Longitude Capital and Checkmate will use the cash to advance clinical development of its lead asset, which is targeting melanoma.

Jun 12, 2020

Tongcheng Life produces $200m series C

LY.com's group buying grocery spinoff raised the money in a Joyy-led round also backed by existing investors including Bertelsmann Asia Investments and Legend Capital.

Jun 11, 2020

Johnson & Johnson takes Cue to $100m

Johnson & Johnson Innovation – JJDC returned for Cue Health’s $100m series C round as the medical diagnostics system developer seeks regulatory approval for its Covid-19 test.

Jun 11, 2020

PatientPing packs up $60m

GV co-led a series C round for the healthcare collaboration service together with F-Prime Capital, Andreessen Horowitz and Transformation Capital, taking its overall funding past $101m.

Jun 11, 2020

HistoSonics beams in $40m

Varian Medical Systems and Johnson & Johnson Innovation – JJDC have returned for the series C-1 round having backed the U-M spinout's series C last year.

Jun 10, 2020

HistoSonics beams in $40m

Varian Medical Systems and Johnson & Johnson Innovation – JJDC returned for the series C-1 round having backed the histotripsy technology developer's series C last year.

Jun 10, 2020

Lilium levels up latest round to $275m

TU Munich's air taxi developer has added $35m from Bailie Gifford to a $240m first tranche led by Tencent in March, and is now valued above $1bn.

Jun 9, 2020

Lilium levels up latest round to $275m

The air taxi developer added $35m from Baillie Gifford to a $240m first close led by Tencent in March, and is now valued above $1bn.

Jun 9, 2020
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