Sectors

Kyoto University and University of Tokyo both participated in a series B round for the artwork-focused blockchain technology developer.

Appia Bio has emerged from stealth with $52m in series A financing to commercialise cancer treatments based on research at UCLA.

Atlantic Bridge has launched the University Bridge Fund II, with University College Cork joining existing partners Trinity College Dublin and University College Dublin.

Eli Lilly has helped Sixty8 Capital hold a first close for its $20m fund, which the venture capital firm will use to back startups led by members of typically underrepresented communities.

Bertelsmann helped crypto financial service provider Babel Finance close a $40m series A round while Blind raised $37m from investors including Cisco.

The Illumina-backed microbial technology producer will list on the Nasdaq Capital Market through the reverse takeover transaction.

Q&A with Erning Cao, investment director, Evonik Venture Capital

MIT spinout Ginkgo Bioworks will go public through a reverse merger with Soaring Eagle Acquisition Corp to list on the Nasdaq Capital Market.

Kakao has agreed to acquire portfolio companies Tapas, for $510m, and Radish, for $440m, as it looks to strengthen its recently merged entertainment subsidiary.

The SAIC, Wanxiang, Full Truck Alliance and Quanta Computer-backed autonomous trucking technology developer will list on the Nasdaq Capital Market through the deal.

The LTL shipping network operator is reportedly targeting $500m in the listing, which would enable corporates Ping An and Yili to exit.