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Daily deal net: April 23, 2020

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


Apr 23, 2020

Lunaphore relights series C round

EPFL spinout Lunaphore has received $2m in a series C extension provided by Swiss Entrepreneurs Fund, adding to an initial $23.6m tranche led by PHC Holdings three months ago.

Apr 23, 2020

CVC in the Time of Coronavirus: Nicolas Sauvage, TDK Ventures

TDK's corporate venturing unit is lining up more deals to go with its investment in Genetesis this week, having been formed early last year with one eye on an economic downturn.

Apr 23, 2020

Slack helps guide $30m to Guru

Guru has closed a $30m series C round backed by returning investor Slack, bringing the sales advice software developer’s total funding to $68m.

Apr 23, 2020

Phost’in bags $11.1m

Satt AxLR-allied Phost'in Therapeutics has secured funding to progress cancer drugs targeting glycosylation and the body's immune system.

Apr 23, 2020

Lunaphore relights series C round

Lunaphore has received $2m in a series C extension provided by Swiss Entrepreneurs Fund, adding to an initial $23.6m tranche led by PHC Holdings three months ago.

Apr 23, 2020

Pi-Cardia pumps in $27m

The valve calcification treatment developer raised the cash from Sofinnova Partners and existing backers that may include Clal Biotechnology Industries.

Apr 23, 2020

New Horizon brings $20m series D

Return investor SBCVC contributed to a round that took the total raised by the cancer screening system developer past the $130m mark.

Apr 23, 2020

Adverity accepts $30m in series C round

SAP.io returned to help marketing analytics software developer Adverity boost its total funding to $50m, with the latest cash to go to recruitment and R&D.

Apr 23, 2020

Chinese startups begin to fall from coronavirus

Wujiang Hotels, Baicheng and Meili Jinrong are among the first wave of China-based companies to close due to Covid-19 restrictions.

Apr 23, 2020

Fonterra helps cook up YFood series B

The dairy cooperative was among the investors in a $16.3m round that will help nutrious drink brand YFood expand further into Europe.

Apr 23, 2020

Goldman Sachs lifts Paige’s series B to $50m

Paige.ai has now raised $75m to date, with the latest funding set to help refine its cancer pathology software offering.

Apr 23, 2020
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