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OpenAI ropes in Microsoft for $100m fund

Microsoft has contributed to the artificial intelligence technology developer's OpenAI Startup Fund, two years after investing $1bn in the company.

May 28, 2021

Lodo likes the sound of acquisition

Zymergen has purchased Lodo Therapeutics, which is advancing Rockefeller research, for an undisclosed sum five years after the company raised its only funding round.

May 28, 2021

Lyell Immunopharma lines up $150m IPO

The GlaxoSmithKline and Celgene-backed immunotherapy developer has revealed its intention to float on the Nasdaq Global Market.

May 28, 2021

Effector exercises reverse merger

The Pfizer, GlaxoSmithKline, Novartis, AbbVie and Astellas-backed oncology therapy developer is set to go public through a reverse takeover.

May 27, 2021

SoftBank lands on Perch for $775m round

SoftBank Vision Fund 2 led the e-commerce holding company's latest round, reportedly the largest series A ever closed by a US-based company.

May 27, 2021

Flywire ties up $251m initial public offering

The payment software provide's shared popped on their first day after an IPO that followed two Goldman Sachs-backed funding rounds.

May 27, 2021

Invaio Sciences infused with series C funding

Alexandria Venture Investments has participated in an $88.9m round which has pushed the biotech developer's total funding past $142m.

May 27, 2021

NiKang nicks $200m in series C round

Lilly Asia Ventures has returned to back the immuno-oncology therapy developer’s latest round, eight months after participating in the company’s series B.

May 27, 2021

Akili scores $160m in series D funding

Shionogi has joined subsidiaries of Merck Group and Amgen in the equity portion of a series D round for the digital therapeutics developer.

May 27, 2021

Effector exercises reverse merger

UC San Francisco spinout Effector Therapeutics is set to go public through a reverse merger with Locust Walk Acquisition Corp that includes a $60m PIPE financing.

May 27, 2021
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