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Ulu ushers in $138m for Fund III

University of Rochester and Grinnell College were among the LPs in the venture firm’s latest vehicle, which had a $100m target.


May 18, 2021

Interius initiates $76m series A

UPenn, Penn Medicine and OUP all contributed to an oversubscribed series A round for UPenn spinout Interius Biotherapeutics.

May 18, 2021

Using human brains to improve AI

Special report: Sparsity looks to make AI infrastructure more efficient, AI increasingly useful in the software stack, quantum and classical hardware evolves

May 18, 2021

Daily Deal Round Up: May 17, 2021

Vark and Willbox have both raised funding, while Cisco has decided to buy Kenna Security and Guru Capital has purchased Oval Money.

May 17, 2021

Vera unveils IPO pricing

Yale's immunological disease treatment developer floated its shares below its initial price range in an IPO in the US.

May 17, 2021

Axelspace accelerates to series C

University of Tokyo’s micro-satellite technology spinout’s $23.6m round featured exiting shareholder 31Ventures and various new investors.

May 17, 2021

Gojek goes to Tokopedia for $18bn merger

Just days after Telkomsel injected $300m into Gojek, the company has finalised its merger with Tokopedia to form a new business called GoTo that will go public this year.

May 17, 2021

JD Logistics gears up for $3.4bn IPO

The logistics services provider has set a price range for its proposed offering and will raise up to $3.4bn in proceeds, with JD.com retaining a majority stake.

May 17, 2021

Pine Labs picks investors for $285m

Mastercard and PayPal-backed fintech developer Pine Labs has collected $285m in primary and secondary financing.

May 17, 2021

Animoca Brands acquires $1bn valuation

Huobi has joined a consortium of investors in a $88.9m funding round for the blockchain videogame developer.

May 17, 2021

Vera unveils IPO pricing

The Merck and Alphabet-backed immunological disease treatment developer floated its shares below its initial price range in an IPO in the US.

May 17, 2021

Corporates update Upsie with new funding

The online warranty provider has attracted at least $24.9m of total funding after receiving investment from CSAA Insurance and Samsung.

May 17, 2021
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