Vc Closes $260M Fund For Early-stage Biotechs
'Golden era of innovation': ORI Capital raises $260M fund for early-stage biotechs
gmasson
Thu, 02/22/2024 - 10:20.:
ORI Capital has raised $260 million, the venture capital firm’s second life sciences fund that will go toward early-stage biotechs worldwide. The Hong Kong- and U.S.-based investment firm will support companies focused on diagnostics, therapeutics and drug delivery for conditions with large unmet need and high mortality rates, according to a Feb. 22 release. Those indications include cancer, metabolic disorders and neurodegenerative diseases, ORI said.
Anchorage Digital Bank Launches Global Settlement Network For Digital Assets
The San Francisco crypto custodian wants to make it easy for institutional clients to transfer their funds without compromising security.
Singapore's Temasek And Blackrock Venture Closes $1.4bn Climate Fund - Nikkei Asia
SINGAPORE -- A joint venture between Singapore state investor Temasek Holdings and BlackRock, the world's biggest asset manager, has raised $1.4 billion for its first and one of the largest venture capital funds dedicated to investing in firms with technologies to reduce carbon emissions. The partnership, called Decarbonization Partners, on Thursday announced the final closing of its fund, which was joined by over 30 institutional investors, in addition to commitments from BlackRock and Temasek. Investors include Japanese lenders Mizuho Bank and MUFG Bank, and France's TotalEnergies.
Lenskart In Talks For $200 Million Infusion From Temasek, Fidelity, Eyeing $5B Valuation, Says Report
Temasek is expected to lead the investment round with $125-150 million, while Fidelity will contribute the remaining amount. Other early investors may also divest a portion of their holdings.
Rubrik Valued At $5.6B After Massively Oversubscribed Ipo Prices Above Range
The Microsoft-backed cloud data platform raised a total of $736 million. :
The much-anticipated IPO of Rubrik, which was 20 times oversubscribed, generated some $736 million as shares exceeded the initial pricing range sought by the Microsoft-backed tech firm. The cloud and data startup offered 23 million shares, all from the company, at $32 each, above the range of $28 to $31 cited in the company’s S-1 filing. This puts Rubrik’s valuation at $5.61 billion. As recently as 2021, it was valued more than $4 billion after an investment from Microsoft.
Innovationrx: Chelsea Clinton Invests In 24/7 Pediatrics Startup
Plus: Electronic health record company Veradigm’s $140 million AI gamble on startup ScienceIO. :
The Summer Health board of directors (from L to R): Alfred Lin, Deena Shakir, Ellen DaSilva, Alyssa Jaffee, Chelsea Clinton. The U.S. healthcare system is not set up to take care of a kid with a rash or a fever at 2 a.m. who may not be sick enough for the emergency room, but whose parents could use a doctor. That’s where Summer Health comes in.
Nooks Bags $15M In Series A
SAN FRANCISCO, CA, Nooks, an AI dialing & prospecting platform, announced it has raised $15M in Series A funding led by Lachy Groom.
Diddo Raises $2.8M Financing Round Led By Link Ventures To Bring Shoppable Tv To All Screens
Diddo raises $2.8M financing round, led by Link Ventures, to bring shoppable TV to all screens. Their easy-to-integrate API finally fulfills the promise of interactive ads; financing will accelerate platform development and expand staff to address massive market opportunity. SANTA MONICA,...
Chemix Lands $20M In Series A
SUNNYVALE, CA, Chemix, a pioneer in next-gen EV batteries, announced the completion of $20 million in Series A funding.
Y Combinator Backed Clueso Bags $1.4 Mn In Seed Funding
Enterprise tech startup Clueso has raised $1.4 Mn (about INR 11.6 Cr) in its seed funding round, led by f7…
The Twenty Minute Vc (20vc): Venture Capital | Startup Funding | The Pitch: 20vc: Is Speed The Most Important Thing From 0-1 | Why Hiring Inexperienced People Is Better | The Biggest Lessons Scaling Zip To $1.5bn Valuation With Rujul Zaparde, Co-founder And Ceo @ Zip
Rujul Zaparde is the Co-Founder and CEO of Zip, the world’s leading Intake-to-Pay solution, adopted by leading enterprises and startups including Snowflake, Canva, Airtable, Webflow, and others. In 2023, Zip raised $100 million in a Series C round, valuing the company at $1.5 billion. Before founding Zip, Rujul was a Visiting Partner at Y Combinator and a product manager at Airbnb. In Today’s Episode with Rujul Zaparde We Discuss: From Airbnb PM to $1.5BN Founder How did Rujul’s first company fail? What were his lessons? What did Rujul learn from his time at Airbnb?