Private Equity
2 min read · 26 October 2017
China Everbright Limited and venture capital firm Walden International are launching a $500 million fund to invest in the semiconductor and industrial information technology, amid Beijing’s ambition to be a global leader in the sector, Reuters reported.
1 min read · 26 October 2017
1 min read · 26 October 2017
2 min read · 25 October 2017
GSR Ventures is seeking to raise $325 million for its sixth fund, according to an SEC filing. Based in Silicon Valley and Beijing, GSR invests in early-stage tech companies that are either located in China or have a connection to the country.
1 min read · 25 October 2017
Ablynx, a Belgian biopharmaceutical company, has raised $200 million for its U.S. IPO after pricing its 11.4 million shares at $17.50 per share. The stock began trading October 25, 2017 on the NASDAQ under the ticker symbol “ABLX.” BofA Merrill Lynch, J.P. Morgan and Jefferies are the lead underwriters. According to Crunchbase, Ablynx’s backers include Abingworth, Alta Partners, Gimv and Sofinnova Partners.
3 min read · 25 October 2017
5 min read · 25 October 2017
1 min read · 24 October 2017
The Foundry Group said in a blog post it has invested in K9 Ventures' $42 million third pre-seed fund. No financial details were available.
1 min read · 24 October 2017
Medical technology group Smith & Nephew, which some investors believe should streamline operations to make itself a more attractive takeover target, said on Monday it was buying a U.S. sports injury business for up to $210 million.
2 min read · 24 October 2017