Sectors

Two fintech companies floated in early July 2020, giving an exit to corporate backers in what has been a good year for the sector.

Channel 4 Ventures and existing investor BP Ventures contributed to a $25.9m round for the vehicle rental service that will support technology and marketing.

The conglomerate has taken a majority stake in the Bharti Airtel and HT Media-backed news app developer through a primary and secondary deal.

Existing investor Bioventus has returned to reinvest in the bone implant provider, whose existing backers include Johnson & Johnson Innovation – JJDC.

Bank Central Asia's accelerator has chosen 11 startups for the third cohort of its accelerator partnership with GK – Plug and Play.

VC firm Artis Ventures led a round for robotic surgery software developer Activ 10 months after its Sony-backed series A funding.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The medical technology provider has formed Ascendum Capital Partners in partnership with DCP Capital and Qiming Venture Partners.

The Fosun and Hidea-backed stroke therapy technology developer has raised an eight-digit sum that will help advance its product pipeline.

The oncology therapy developer has gone public in an upsized offering that provided an exit to Third Rock Ventures.

Merck & Co backed a $14m series B for SAB Biotherapeutics, which is developing drugs for two forms of coronavirus including Covid-19.