CRCM Ventures | NEWS - CRCM Ventures

NEWS

Ginkgo Bioworks Raises $350 Million Fund for Biotech Spinouts

October 9, 2019

Biotechnology start-up Ginkgo Bioworks said that it had raised a $350 million fund. Dubbed the Ferment Fund, the investment vehicle will invest in two to three spinout ventures that use its bio-engineering technology. 

Read More

Synthetic Biology Unicorn Ginkgo Bioworks Raises An Additional $290 Million

September 19, 2019

Ginkgo Bioworks announced the Series E financing round totaling $290 million, with all their existing investors participating. This brings the total funding of the company to $719 million. The recent $290 million funding is dedicated to further aid Ginkgo’s cell programming platform.

Read More

Alloy Raises $12 Million in Series A Funding Led by Bessemer Venture Partners to Scale The First Identity Operating System in Financial Services

September 17, 2019

Alloy, the identity operating system for the financial services industry, announced it has raised $12 million in Series A funding. Bessemer Venture Partners led the round and was joined by​ ​previous investors including Eniac Ventures and Primary Venture Partners.

Read More

A $44M Series B Drop in The Bucket for Millennial Loyalty

August 22, 2019

Earn with Drop, a coalition customer loyalty company headquartered in Toronto, Canada, announced that it’s raised $44 million in series B funding led by HOF Capital, with participation from New Enterprise Associates (NEA), Sierra Ventures, and Royal Bank of Canada.

Read More

Synyi.AI Raises RMB 250M Series C Funding Led by Tencent

July 3, 2019

Synyi.AI, a company provides AI solutions for medical institutions announced it has raised RMB 250M in Series C Funding. This round is led by Tencent.

Read More

Drone Racing League Is Raising $50 Million

June 24, 2019

The Drone Racing League is in the process of raising up to $50 million from investors in a Series C round. The startup has already raised over $26 million from Lux Capital and RSE Ventures and is looking to secure additional investors to close out the rest.

Read More

Turning Point Therapeutics Announces Pricing of Initial Public Offering

April 16, 2019

Turning Point Therapeutics, Inc., a clinical-stage precision oncology company announced the pricing of its initial public offering of 9,250,000 shares of its common stock at a price to the public of $18.00 per share. The shares are expected to begin trading on the Nasdaq Global Market on April 17, 2 …

Read More

Right Most Raised $80M Series C Round Led by Xiaomi

February 28, 2019

Social community product “Right Most” recently closed a new round 80 million us dollars, led by Xiaomi and followed by some existing shareholders. It’s also one of the biggest fundraising events in the social community industry in nearly a year.

Read More

P&G Acquires Organic Period Care Startup This Is L.

February 6, 2019

Procter & Gamble (P&G) announced its acquisition of This is L., a period care startup that manufactures organic pads and tampons. TechCrunch reported that the price tag is at roughly $100 million. TechCrunch reported that a person with knowledge of the investment put the price tag at roughly …

Read More

Magnetic Insight Raises $18M to Support Commercial Growth of Magnetic Particle Imaging in Cell Therapy, Vascular and Oncology Applications

December 12, 2018

Magnetic Insight, Inc., a developer and manufacturer of transformational in vivo imaging platforms, announced a Series A financing led by 5AM Ventures. The proceeds will allow the company to expand the commercial and operations teams, scale manufacturing, and develop new application areas for the te …

Read More

Ford Buys Electric Scooter Company Spin

November 7, 2018

Ford bought dockless electric scooter company Spin for about $100 million. Ford has committed to making a $200 million investment in the startup.

Read More

In-car Commerce Startup Cargo Raises $22M Led by Founders Fund

September 27, 2018

Cargo, the startup that helps ridesharing drivers earn money by bringing the convenience store into their vehicles, has raised $22 million in a Series A round led by Founders Fund. Additional investment came from Coatue Management, Aquiline Technology Growth and a number of  high-profile entertainm …

Read More

Opendoor Acquires Open Listings to Simplify Home Buying

September 11, 2018

Opendoor announced it has acquired Open Listings, a platform for homebuyers that makes it easier and lower-cost to find, tour, and buy any home on the market. The acquisition will enable Opendoor to create the first end-to-end marketplace for buying, selling, and trading-in homes – equipping peopl …

Read More

ScaleFlux Raises $25M Series B Funding to Expand Global Business and Fuel Innovation Growth

March 20, 2018

ScaleFlux, Inc., the pioneer in the deployment of Computational Storage at scale, announced it has raised $25M in Series B funding to accelerate global expansion and new product innovation. The round was led by Shunwei Capital and includes multiple Tier-1 strategic corporate investors. This round br …

Read More

Social Video App Musical.ly Get Acquired for Up to $1 Billion

November 13, 2017

Musical.ly, a teen-focused lip-syncing app with 60 million monthly active users (MAU), has been acquired by Chinese media company Bytedance, The Wall Street Journal reports. Financial terms weren’t disclosed, though the deal is reportedly worth between $800 million and $1 billion.

Read More

Ford Paid More Than $65 Million for Chariot

September 12, 2016

Ford bought shuttle-van startup Chariot in an all-cash deal plus earnouts to make employees with stock options whole.

Read More
Load More