Sectors

Co-founded by faculty from Columbia University and University of Melbourne, Praxis Precision Medicines targets CNS disorders.

GPI Capital and JPMorgan Chase have injected $150m into Pharmapacks, whose backers already include Reckitt Benckiser, McKesson, Sealed Air and Emerson Group.

Hefei Jianghang Aircraft Equipment has priced its shares at $1.48 each to raise $148m in an initial public offering that provided an exit to Aviation Industry Corporation.

Novo Holdings returned for a $110m series C1 round for Praxis Precision Medicines, four months after the gene therapy developer emerged from stealth with $100m in funding.

University of Utah spinout Vaporsens has been acquired by Gentex for $10.5m after the corporate had already supplied $3m in equity financing.

Danaher Life Sciences and Agilent Technology joined existing backers Merck Group and Illumina for a $50m series B extension that increased the round’s total to nearly $89m.

Alibaba-backed e-commerce company Nice Tuan has raised its third funding round this year, adding $80m to its coffers that now contain almost $300m in total.

The accounting platform operator’s investment subsidiary has unveiled Hirac Fund’s $11.7m initial close with multiple corporate LPs on its way to a $29m ceiling.

Next47 and Lufthansa Cargo were among the investors as air freight booking service Cargo.one looks to pounce on favourable market conditions in the current economic climate.

SmartX, a data storage virtualisation business that counts Samsung and Lenovo as shareholders, has announced series B-plus and C funding to expand its product offering.

YJ Capital and East Ventures’ joint accelerator scheme has opened the application period for a new batch of innovative startups.