Sectors

Sanofi Ventures and Novartis Venture Fund have returned to back small molecule drug developer Expansion Therapeutics' series B round.

Addiction management services provider Wayspring boosted its overall funding to about $100m in a round featuring Centene, Caresource and existing investor Blue Venture Fund.

Deep Nishar, formerly an Americas-focused senior managing partner at SoftBank’s Investment Advisers subsidiary, has announced his plans to leave the parent firm at the end of this year.

The venture firm hired new director Asif Giga, who has worked at corporate VC units Ericsson Ventures, Experian Ventures and Singtel Innov8 Ventures.

Commerzbank and Axel Johnson helped the online insurance provider reach $68m in overall funding by backing its series B round.

The TigerMed-backed neural diagnostics technology developer has topped up its coffers in a round co-led by Alpha Edison and Reimagined Ventures.

Sistema co-led a new round for the customer engagement platform developer fresh off the latter's merger with virtual call centre operator Ameyo.

Alexandria Venture Investments participated in a $30m round for the gene therapy technology developer, which will use the capital to expand its partnerships.

Comcast-backed real estate platform developer Nomad secured $20m while Hannover Re-backed insurance software provider Sureify received $15m.

Undisclosed investors have backed the self-driving robot developer’s latest round, three years after its SoftBank-backed series B.

SoftBank and Globo Ventures contributed to a series B round for Merama that valued the e-commerce holding group at $850m.