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Series C

Kallyope digests $112m in series C round
Illumina was among the returning investors for the round that will help Columbia spinout Kallyope prepare a weight loss treatment for clinical trials.
Lilium reaches higher altitude with $240m
The urban airborne vehicle spinout of TU Munich closed more than $240m in funding, in a Tencent-led round reportedly valuing it at up to $1bn.
Investors insert $25m into InsGeek
Insurance technology developer InsGeek, whose shareholders already include Tsinghua University-linked THG Ventures and TusStar, has added $25m in series C funding to its coffers.
Big deal: Element Science factors in $145m series C
Uday Kumar, whose previous spinout iRhythm is trading with a market cap of $2.6bn, has collected $145.6m in a GV-backed round for his latest venture.
Novartis helps plant $100m in Pliant
Pliant Therapeutics has attracted $100m in a series C round led by Novartis, four years after it was founded to commercialise UC San Francisco research into fibrosis treatment.
SambaNova processes $250m series C
GV and Intel Capital returned to reinvest in the computing technology provider, which was co-founded by Stanford professors and has now raised more than $450m altogether.
Molekule cleans up with $58m series C
Inventec Appliances Corp has contributed to a round that will enable USF-founded Molekule to further develop and scale its air purification technology.
Inpria etches $31m series C
Oregon State University’s semiconductor production technology spinout Inpria has collected $31m in series C funding led by existing shareholder JSR Corporation.

Other News

SimScale welds $29.5m
HTGF and Bayern Kapital were among the investors for the TUM engineering design software spinout, with the series C funding going to product development and operational expansion.
TactoTek forges $25.3m series C
Cornes, 3M Ventures and Repsol Energy Ventures contributed to a round that increased the VTT-founded in-mold structural electronics provider's total funding to more than $59m.
Lunaphore hones series C pitch
EPFL-founded tissue analysis technology developer Lunaphore has now raised $37.3m in all after a series C round led by medical products firm PHC Holdings.
Soci shows credentials to pick up $15m
Retail brand reputation management business Soci has completed its series C round, having previously received series A capital from Stanford's Daper Fund.
P2 Science fumigates $12m
Yale-founded P2 Science, which produces chemicals from clean feedstocks like vegetable oil, secured funding from investors including Elm Street Ventures to take its total to about $23.3m.
ActionIQ packs $32m into series C
March Capital has led a round that boosted the overall funding for the Stanford-backed enterprise data management platform to $75m.

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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