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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, 2021Penn 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, 2021Snyk 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, 2021Varo 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, 2021Chronext 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, 2021Allianz 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, 2021Packable 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, 2021Mammoth 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, 2021Dice 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, 2021Global Payments makes $500m MineralTree acquisition
First Data will exit MineralTree after Global Payments agreed to purchase the payment automation technology producer.
Sep 10, 2021Orchard 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, 2021Alamar 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.
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GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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