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Quench Bio ends operations

Quench Bio will wind down after its protein target proved undruggable and will return capital to investors including AbbVie Ventures.


Mar 10, 2021

Xero zeroes in on Planday acquisition

Metro Group is among the shareholders set to exit the employee management platform developer in an acquisition by accounting technology producer Xero.

Mar 9, 2021

Innovusion detects $60m

Bertelsmann Asia Investments took part in a round reportedly valuing the lidar technology developer at $300m.

Mar 9, 2021

Allianz X adds $75m to WeLab

Allianz will collaborate on the development of new products with the digital financial services provider after supplying it with series C1 funding.

Mar 9, 2021

IonQ signs up to $2bn reverse merger

Hyundai, Kia and GV are contributing to a $350 PIPE in support of a reverse merger that will value the Maryland and Duke-linked company at $2bn.

Mar 9, 2021

Eco gets $26m equity payment

Coinbase Ventures contributed to a round that lifted the digital wallet developer's overall funding past the $35m mark.

Mar 9, 2021

Rising Stars Q&A – Neda Blocho and David Li, Avanta Ventures

Q&A with Neda Blocho, principal and head of Studios, and David Li, principal, Avanta Ventures

Mar 9, 2021

IonQ signs up to $2bn reverse merger

Hyundai, Kia and existing investor GV are contributing to a $350 PIPE in support of a reverse takeover that will value the merged company at $2bn.

Mar 9, 2021

Starling makes $377m series D deposit

JTC Group-backed mobile financial services provider Starling Bank has reached a unicorn valuation with a $377m series D round led by Fidelity.

Mar 9, 2021

Olo sets $324m IPO goal

The PayPal-backed food ordering software provider is slated to raise between $228m and $324m after setting a range for its initial public offering.

Mar 9, 2021

Zhihu seeks route to public markets

Kuaishou, Tencent, Sogou, Baidu and Sunshine Life are in line to exit the online answer platform developer, valued above $3.4bn in its last funding round.

Mar 9, 2021

Cedar grows with $200m series D

The Kaiser Permanente-backed healthcare engagement platform developer pushed its overall funding past $350m and its valuation to $3.2bn.

Mar 9, 2021
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