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Category: Startup

Foresite et al. in $41.5m series-A for Bit Bio

Foresite Capital, Blueyard Capital and Arch Venture Partners have participated in a $41.5m series-A for cell coding company Bit Bio.

Amid pandemic, acquisition firms buy start-ups that no longer fit venture model

Founders get new life for their products, while venture firms get exits for slower growth start-ups

Seasoned blockchain entrepreneur Nikola Stojanow launches new venture capital firm focused on blockchain

Nikola Stojanow, æternity Blockchain co-founder and creator of AE Ventures investment company has begun his next journey with the creation of a new venture capital fund aimed at blockchain.

L Catterton injects $250m into Reliance Jio Platforms as part of new investment

US private equity firm L Catterton will invest $250m into Indian telecom operator Reliance Jio Platforms. At the same time, Reliance Jio Platforms also saw its coffers bolstered by a $600m capital injection from venture

Matrix Partners China collects $750m for sixth flagship fundraise

Venture capital house Matrix Partners China has hauled in at least $750m for its latest fundraise.

Asabys, Alta Life lead funding round for Inbrain

Spanish venture capital houses Asabys Partners and Alta Life Sciences have led a funding round for Barcelona-based biotechnology startup Inbrain.

Kinnevik to sell 23.2% stake in Qliro to Rite Ventures

Swedish industry-focused investment company Kinnevik has agreed to sell 23.2% of its stake in e-commerce company Qliro Group to private equity firm Rite Ventures for SEK 195m (€18.5m).

Astanor leads series-A round for Hyris

Astanor Ventures has led a series-A funding round for biotechnology startup Hyris.

Baring Vostok, RTP Global to exit 2GIS

Baring Vostok and RTP Global are fully exiting 2GIS, a Russian provider of mapping services, to state-run lender Sberbank and O2O Holding, a joint venture of Sberbank and internet company Mail.ru Group.

VC Profile: Apex Partners

Austria-headquartered Apex Ventures is on the road for its second fund, focusing on digital health startups. Wolfgang Neubert and Kelly Klein talk to Harriet Matthews about the VC's current strategy and the future of healthtech

Software development platform Postman hits $2bn valuation through Insight Partners-led round

API development platform Postman has soared to a $2bn valuation thanks to a Series C investment round led by private equity and venture capital firm Insight Partners.

Sofinnova Partners sells its stake in Corvidia in $2.1bn deal

Life sciences venture capital firm Sofinnova Partners has sold its portfolio company Corvidia Therapeutics to Novo Nordisk for $2.1bn.

Goldman Sachs et al. back $27m round for H4

JP Morgan, Goldman Sachs Growth, Barclays Ventures and law firm Linklaters have backed a $27m round for document digitisation and analysis platform H4, obtaining a minority stake in the business.

Iris leads $2.4m seed round for Monk

Iris Capital has led a $2.4m seed round for Monk, a Paris-based developer of an inspection system for car damages.

Highland backs €21m round for Alkemics

Highland Capital Partners Europe has backed a €21m series-C funding round for France-based retail supplier platform Alkemics, along with existing investors Cathay Capital, Index Ventures, SEB and Serena Capital.

Inveready leads €5m investment in biotech startup Oxolife

Spanish venture capital firm Inveready has led a €5m investment in Barcelona-based fertility biotech startup Oxolife.

Elaia leads €10m series-B for The Hotels Network

Venture capital house Elaia has led a €10m series-B funding round for Spanish hospitality startup The Hotels Network (THN).

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