Where Global Innovation
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Page 418

Eli Lilly elevates TVM Capital fund to $478m

Eli Lilly has reinforced its partnership with the life sciences-focused venture firm, contributing to its TVM Life Science Innovation II vehicle.

Oct 29, 2020

Kandji caps series A at $21m

Okta Ventures contributed to a series A round that will go to adding features to Kandji's Apple device management system and increasing headcount.

Oct 29, 2020

DriveWealth steers its way through series C round

Mouro Capital, Fidelity International Strategic Ventures, Raptor Group and SBI all backed a $56.7m round that pushed the trading technology provider's total funding past $100m.

Oct 29, 2020

PayPal packs $50m into diversity fund investments

Fearless Fund and Harlem Capital are among the funds PayPal plans to back as part of a $530m pledge to support racial equity and economic equality.

Oct 29, 2020

Ryder System takes strides to corporate venturing

The logistics and transportation services provider expects to commit $50m to innovative startups through RyderVentures by the end of 2025.

Oct 29, 2020

Daily deal net: October 28, 2020

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Oct 28, 2020

Scopely scoots to $340m series E

The Advance, Take-Two Interactive and Chernin Group-backed mobile game publisher increased its valuation to $3.3bn and its total funding to approximately $900m.

Oct 28, 2020

Waldo locates Arkansas role

Arkansas has lured Weston Waldo, an innovation professional with expertise at I-Corps, to run its venture development programming.

Oct 28, 2020

HBCUs gain $10.7m venture fund

HBCU Seed will invest in eligible startups from US historically black colleges and universities at a time of heightened tension over racial inequalities.

Oct 28, 2020

Exact to execute Thrive Earlier Detection acquisition

Blue Venture Fund will exit the cancer diagnostics technology startup in a purchase by another of its investors, Exact Sciences, that could reach $2.15bn.

Oct 28, 2020
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