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Oncology drug developer ADCT has secured $200m in a private placement featuring return investor AstraZeneca, taking its overall funding to $455m.
Cybersecurity management software provider Skybox Security has agreed to a $150m investment by CVC Capital Partners and Pantheon.
Ninebot raised its first external funding in a Xiaomi-backed round in 2015 and has since pulled in additional capital from backers including Intel Capital.
NeuroPace, the developer of a neurostimulation implant to treat epilepsy, has secured $74m in a round co-led by KCK Group and Orbimed Advisors.
On GUV: VirionHealth, a UK-based respiratory therapeutics spinout from University of Warwick, has secured series A funding of up to £13m ($17.1m) from bioscience investment firm Abingworth.
On GGV: Lightspeed POS, a Canada-based point-of-sale (POS) system manufacturer, has closed a $163m series D round led by Canadian state-linked pension manager Caisse de dépôt et placement du Québec.
Korea-based internet company Naver has provided €100m ($118m) for K-Fund I, the fund formed by French VC firm Korelya Capital, following an initial €100m investment just over a year ago which was conducted alongside its messaging app spinout, Line. .
Voice recognition software provider iFlytek has formed a $150m fund that will provide funding for artificial intelligence hardware and software developers.
Massachusetts Mutual Life Insurance launched its MassMutual Ventures unit with $100m in 2014, and the vehicle appears to have been a success, as the firm has just put up another $100m for a second fund.
Financial services firm ING has slowly been moving into corporate venturing over the past couple of years, beginning with its participation in a $135m round for Kabbage in late 2015.
The Welsh government-owned Development Bank of Wales officially launched last week with a £440m ($580m) budget to support Wales-based startups with debt or equity.
SoFi raised $500m from investors including SoftBank at a reported $4.3bn valuation in February, but news has emerged that an unnamed bank made a $6bn offer for the business shortly after, kicking off a round of M&A talks with prospective buyers including Charles Schwab.
Razer is set to raise up to $550m when it floats in Hong Kong on Monday, with the proceeds set to fund the launch of new products that will reportedly include a mobile device.
Samsung is set to score quite an exit, after Delphi Automotive agreed to buy autonomous driving technology developer Nutonomy, a spinout of Massachusetts Institute of Technology, for $450m.
SCPharmaceutical, which is developing a subcutaneous treatment for heart failure, has filed to raise up to $100m in an IPO on Nasdaq.
ForeScout Technologies has priced an IPO that will raise an initial $116m when it floats.
Here’s a nice example of the triple helix at work for you: PowerbyProxi, a New Zealand-based wireless charging spinout of University of Auckland backed by government-owned investment firm New Zealand Venture Investment Fund, Samsung Ventures and TE Connectivity, has been acquired by technology firm Apple for an undisclosed sum.
“Funky Chunk” Kevin MacLeod (incompetech.com)
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