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Page 682

American Family Ventures accepts $162m for third fund

American Family's corporate venturing subsidiary has accumulated more than $162m from four investors for a fund expected to close at $200m.

Aug 6, 2019

MedWhat case sours further

MedWhat's request to replace a judge hearing the case against Stanford-StartX Fund has been refused and the company has been ordered to pay costs for blocking discovery.

Aug 6, 2019

UA plots incubator drive

The newly-named University of Arizona Center for Innovation is to expand with regional partnerships and additional office space as it looks to cement the university’s role in driving local entrepreneurship.

Aug 6, 2019

Exo Imaging executes $35m series B

Intel Capital led a round that will enable Exo, whose investors also include OSF HealthCare, Sony and Applied Materials, to improve its AI-powered ultrasound technology.

Aug 6, 2019

Backbone builds out series A to $18m

The consumer brand software provider closed its Novel TMT-backed series A round at $18m with a $10m extension that boosted its total funding to $23m.

Aug 6, 2019

Innovation Growth Ventures is no Innovation Fund clone

GCV Powerlist member Gen Tsuchikawa on Sony and Daiwa Capital Holdings’ new investment vehicle.

Aug 5, 2019

Rakuten Medical extends series C treatment by $100m

Cancer treatment developer Rakuten Medical has received $100m in series C1 capital from affiliate Rakuten, which now holds a 22.6% stake.

Aug 5, 2019

Latch locks up series B with $126m

Smart lock provider Latch completed a $126m round that included RxR Realty in addition to Tishman Speyer and Camber Creek, which backed the first tranche a year ago.

Aug 5, 2019

Rapt retreats from IPO

Alphabet and Celgene are among the investors facing a delayed exit from Rapt Therapeutics, which has postponed an initial public offering that would have raised up to $80m.

Aug 5, 2019

GV’s Shakir shakes hands with Lux

After seven years at Alphabet, the last two as a partner at its GV unit, Deena Shakir is taking a partner role at venture firm Lux Capital.

Aug 5, 2019
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