Series E And Later

Apica optimises $12.7m round
KTH Chalmers Capital, which first backed IT software developer Apica Systems in 2007, has been joined by Industrifonden, SEB, Almi and Oxx for the latest round.
Oxford Nanopore comes into $140m
The spinout, which has developed a portable real-time DNA and RNA sequencer, has attracted $140m in funding from investors including GIC, China Construction Bank and Hostplus.
Instart Logic finishes $30m round
The Stanford-StartX fund-backed cloud computing optimisation platform has brought in $30m in a round that took its total funding to $140m.
Immatics develops $58m series E
Xmos extricates $15m in funding
The voice-control technology developer spun out from University of Bristol has closed a series E round led by strategic investor Infineon Technologies.
Duolingo dives into series E with $25m
The language learning platform, spun out from Carnegie Mellon University, increased its total funding to $108m with a series E led by Drive Capital that valued it at $700m.
Kalray processes $26m
A spinout of CEA, one of the institutes that forms part of Paris-Saclay, Kalray has developed manycore microprocessors that require only low levels of energy.
Phononic keeps its cool with $30m
Rex Healthcare has returned to back a $30m round for the thermal heating and cooling technology maker, having previously contributed to a $44m series D in 2014.

Other News

Nexthink considers $40m series E
EPFL spinout Nexthink, which uses artificial intelligence to monitor and analyse network traffic and is backed by Mannai Corporation, raises $40m to drive international expansion.
IP Group seeps £70m into Nanopore
Fanduel wins series E battle with $275m
Google, Time Warner, Turner Sports, NBC and Comcast all participated in a round that valued the fantasy sports operator at more than $1bn.
Adaptive not immune to $195m
Fred Hutchinson spin-out Adaptive Biotechnologies raises $195m for immunotherapy treatments.
Chiasma closes $70m series E
The Ofer-backed acromegaly treatment developer raised an initial $33.8m in January, following a cancelled deal with pharmaceutical company Roche.
Instructure builds bridge to $40m
Edtech firm Instructure secures $40m series E to support the launch of corporate learning platform Bridge.

Editor's Picks

Stanford revs up SmartDrive
Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.
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