Series C

Byton bids to raise $500m
Half a year after raising $500m in a TUS Holdings-backed series B round, the electric car developer is seeking another $500m before it floats.
iThera recalibrates series C
Having achieved an initial close of $8m in September, the Helmholtz spinout has now closed its series C round at $10.3m.
Celect celebrates $15m series C
MIT retail analytics spinout Celect has now raised a total of $25m, having received $15m in an NGP Partners-led round.
Stanford's Annexon annexes $75m
Immunotherapy spinout Annexon Biosciences collected funding from Novartis Venture Fund in a series C round that brought its total funding to $154m.
Tuspark identifies 4Paradigm in $145m series C
4Paradigm has now won backing from Tsinghua University Science Park for its technology, which helps clients build AI apps for purposes including financial services.
Softbank Vision Fund drives $500m CMT investment
Telematics system developer and MIT spinout Cambridge Mobile Telematics has raised $500m from Vision Fund that will be used for product development.
Spiber spins $44m into its web
Synthetic silk developer Spiber spun out of Keio University in 2007 and has now raised a total of more than $260m.
24tidy cleans up with $30m series C
Xi'an Jiaotong University's foundation was among the investors in domestic services booking platform 24tidy as the company increased its total to at least $62.7m.

Other News

Poynt takes $100m series C payment
Backed by Stanford-Start X Fund and a trio of corporates, Poynt has now received more than $128m in total for its payment processing terminal and software business.
Omeicos performs series C operation
SMS Group has backed a $19.5m series C for Omeicos Therapeutics to enable the Helmholtz spinout to advance its treatment for atrial fibrillation into a phase 2 trial.
Galecto collects $90m in series C
Bristol Myers-Squibb, Merck Group and Novo all took part in a $90m series C round for Galecto Biotech, which is commercialising research from Lund and Edinburgh universities.
Hard Yaka swings behind Yoyo Wallet for $30m
Hard Yaka has supplied $30m in funding to IP Group’s portfolio company Yoyo Wallet as part of a strategic partnership.
Investors pump $20m into Gauss
Stanford-StartX Fund's portfolio company Gauss Surgical has received series C funding from SoftBank and eight healthcare providers.
Rgenix generates $40m series C
The Rockefeller spinout will use the series C proceeds to advance two cancer drug candidates through early-stage clinical trials.

Editor's Picks

Big deal: Touchstone helps inject $73m into Cell Medica
Touchstone Innovations, which co-founded the cellular immunotherapy developer in 2007, has contributed to another funding round.
Kymeta satellites $50m
Kymeta Corporation, a satellite parts manufacturer, raises $50m series C with backing from consortium including multi-university venture fund Osage University Partners.
UC Santa Barbara spin out raises $30m
University of California, Santa Barbara cloud spin out Eucalyptus Systems raises the funds with backing from BV Capital, the former corporate venturing unit of Germany-based media company Bertelsmann.
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