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Daily deal net: September 10, 2021

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


Sep 10, 2021

Penn produces iEcure with $50m

Based on technology at University of Pennsylvania, iEcure has launched to commercialise gene therapies initially for liver disorders and an option to license more assets.

Sep 10, 2021

Snyk snaps up $530m

Atlassian Ventures and Salesforce Ventures have returned to back a primary and secondary series F round for the app security platform developer that included Koch Strategic Platforms.

Sep 10, 2021

Varo Bank cashes in with $510m round

The Progressive-backed neobank has secured the fresh funding at a reported $2.5bn valuation, seven months after it closed a $63m round.

Sep 10, 2021

Chronext prepares timing for $273m IPO

Mediengruppe Oberfranken and Tengelmann-backed luxury watch marketplace Chronext plans to float on the SIX Swiss Exchange later this year.

Sep 10, 2021

Allianz waves AV8 Ventures to $180m fund

Allianz has recommitted to the venture capital firm having funded its $170m debut vehicle two years ago.

Sep 10, 2021

Packable goes for $1.55bn reverse merger

Reckitt Benckiser, Emerson Group, McKesson and Sealed Air are set to score exits from the e-commerce services provider.

Sep 10, 2021

Mammoth Biosciences raises $195m across two rounds

Disease diagnostics technology developer Mammoth Biosciences is valued at over $1bn following funding rounds backed by investors including Amazon.

Sep 10, 2021

Dice rolls on with IPO plans

Sanofi and Alexandria Real Estate Equities could exit the chronic disease therapeutics developer, which has set the range for an offering that could raise up to $170m.

Sep 10, 2021

Global Payments makes $500m MineralTree acquisition

First Data will exit MineralTree after Global Payments agreed to purchase the payment automation technology producer.

Sep 10, 2021

Orchard becomes a unicorn with $100m series D

First American participated in a round that tipped the real estate platform developer's valuation over the $1bn mark.

Sep 10, 2021

Alamar detects $80m in series B round

Illumina’s corporate venturing unit took part in a round that brought the proteomic platform developer’s overall funding to $110m.

Sep 10, 2021
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