Sectors

The Google-backed on-demand ride service spun off by Kakao has received fresh funding from returning investors Carlyle and TPG.

The cancer and autoimmune disease drug developer completed a Legend Star-backed series D round led by Mirae Asset Financial Group.

Cold Spring Harbor Laboratory will work with Autobahn Labs to propel more early-stage discovery programmes into spinouts.

The pregnancy biomarker test provider plans to float on the Nasdaq Global Market having raised $220m in funding from investors including LabCorp and Anthem.

Deeptech Labs, an incubator backed by Cambridge Innovation Capital, has announced its inaugural cohort of five startups that have each received $485,000.

The cybersecurity training platform developer has now raised a total of $123m as of the close of a Citi Ventures-backed round.

Ohio State University has again thrown its weight behind Rev1 Ventures, whose latest fund also attracted University of Dayton and multiple corporates.

Two years after shutting its corporate venture capital subsidiary, the property developer has put $37.8m into the newly formed CapitaLand Innovation Fund.

PayPal and Carta were among the LPs that have backed the early-stage venture firm’s first fund, which will invest in e-commerce technology startups.

The joint venture between Grab and BRI’s respective accelerators will concentrate on Indonesia-based developers of technology for merchants and small businesses.

Online vehicle retailer Motorway, restaurant ordering software provider Popmenu and meat and fish e-commerce platform Licious have all raised between $65m and $68m.