Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Venture capital deals of the week

Published 12/16/2017, 12:43 PM
© Reuters.  Venture capital deals of the week
MSFT
-
GILD
-
QCOM
-
BIDU
-
CTXS
-
GEN
-
CMCSA
-
IBM
-
TWX
-
VIA_old
-
TFCFA
-
MNDT
-
005930
-
4502
-
9984
-
AMC
-
BASFY
-
SFTBY
-
  • Biotech: Gilead Sciences (NASDAQ:GILD) was a strategic investor in a $59.6M Series C round in Hookipa Biotech. The clinical stage biotech has a cytomegalovirus vaccine in phase 2 and cancer candidates derived from two arenavirus-based vector platforms. Hookipa has raised $100.2M to date, according to Crunchbase.
  • The round was led by an unnamed blue chip public investment fund. New investors include Hillhouse Capital and HBM Partners that join current investors Boehringer Ingelheim Venture Fund, and Takeda Ventures (OTCPK:TKPHF).
  • New media: Baidu (NASDAQ:BIDU) Video participated in a $45M Series A round in Chinese new media company 36Kr Media, which was spun off from entrepreneur and SME service provider 36Kr. The Media arm has now raised $45.4M.
  • The round was led by Chinese venture capital firm Gobi Partners and private equity fund China Prosperity Capital. Other participants: Focus Media Information Technology and Hangzhou Finance Investment Group.
  • VR: Location-based VR startup Dreamscape Immersive raised $30M in Series B funding led by AMC Entertainment (NYSE:AMC). AMC contributed $20M to the round, which was announced in September. The additional $10M announced this week came from new investors Nickelodeon (NYSE:VIA), VRSense Solutions, and returning investors 21st Century Fox (NASDAQ:FOXA) and Warner Bros (NYSE:TWX). The round brings Dreamscape up to $37M in investments.
  • Dreamscape creates untethered VR experiences with body mapping that allows users to have a more immersive experience in cinematic worlds. Dreamscape will open its flagship location next year in Los Angeles and has partnered with AMC to operate up to six VR centers within AMC theaters.
  • Sales training: MindTickle, creator of a sales team training platform, raised $27M in Series B funding led by Canaan Partners with participation from existing investors Accel Partners, Qualcomm (NASDAQ:QCOM) Ventures, and New Enterprise Associates. MindTickle has raised $41.3M to date.
  • MindTickle’s platform allows for data-driven onboardings, skills development, and coaching. Current customers include Symantec, Phillips, Cloudera, and Nutanix
  • Cloud security: ShieldX Networks closed a $25M Series B round of funding that brings total investments up to $34M. The round included new investors Symantec (NASDAQ:SYMC) Ventures and FireEye founder Ashar Aziz. Participating existing investors: FireEye (NASDAQ:FEYE), Bain Capital Ventures, Aspect Ventures.
  • Energy: Ess, a provider of all-iron flow batteries, raised $13M in Series B funding that lifted total fundraising to $17M. The round was led by BASF (OTCQX:BASFY) and joined by new investors Cycle Capital Management, InfraPartners Management, and Presidio Partners Investment Management.
  • Ess said the investment would enable a 900 MWh per year production capacity.
    • SaaS: Active strategy management SaaS company Workboard raised $9.3M in Series A funding from Floodgate and Microsoft (NASDAQ:MSFT) Ventures.
    • Current Workboard customers include IBM (NYSE:IBM), Samsung (KS:005930), and Catalina. Workboard’s total fundraising now totals $13.6M.
    • Reservations: Reservation and guest management software company SevenRooms raised $8M in new VC funding. The funding was led by Comcast (NASDAQ:CMCSA) Ventures. As part of the investment, Comcast Ventures Managing Director Dinesh Moorjani will join the SevenRooms’ board.
    • SevenRooms has customers in over 100 cities and the new investment brings total funding up to $16.4M.
    • Seed funding: 3TEN8, which predicts wireless outages using AI, raised $2M in seed funding from leader Social Capital with Citrix (NASDAQ:CTXS), 500 Startups, The Alchemist, and Cloudera CTO Amr Awadallah also participating.
    • Conversational AI company Kami raised $1.7M in seed funding from SoftBank (OTCPK:SFTBF, OTCPK:SFTBY) subsidiary ARM Innovation Ecosystem Accelerator Limited with X Technology Fund and Tin Fu Fund. ARM Electronic Technology’s strategic business development director, Carl Chen, will join Kami as a strategic advisor.
    • Previously: Venture capital deals of the week (Dec. 10)
  • Now read: Upcoming Conversation With An Expert: Highlights In CAR-T
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.