Sectors

Sana Biotechnology has closed its first round with more than $700m after investors including GV swung behind its vision to commercialise cell therapies.

Endowments for Harvard and Princeton have participated in Material Impact’s second fund, which closed at $200m after being oversubscribed.

A vehicle for conglomerate Yoma Holdings is reportedly investing $76.5m in a deal that will give it a majority stake in Wave, which is also backed by Ant Financial.

Sembrani Nusantara has a target ceiling of about $21m and will invest in a wider amount of sectors than its fintech-focused parent firm.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Repare Therapeutics, which is commericalising precision cancer drugs based on research at UofT and NYU, added $33m to its IPO after its shares rose 65% post-offering.

The used car marketplace has achieved unicorn status after raising $31.3m in funding from investors including existing backer DMG Ventures.

Forma Therapeutics, whose investors include Eli Lilly and Novartis, has closed its IPO after seeing its shares double in price.

The home care provider has closed a round led by Optum Ventures and backed by Humana and Echo Health Ventures at approximately $136m.

Experian is exiting the financial data technology provider Finicity in a deal that could reach $985m taking earn-outs into account.

University of Washington’s artificial intelligence-powered customer support spinout AnswerDash has been bought by CloudEngage.