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Apple bites into NextVR as ‘big…

Apple has reportedly bought NextVR, a US-based virtual reality broadcasting technology developer backed by a host of corporate venturing units, for about $100m.

Zentalis zips to $165m IPO

The Pharamron-backed oncology drug developer floated at the top of its range while increasing the number of shares in the offering.

Legend Biotech lands $151m

Lilly Asia Ventures and Johnson & Johnson Innovation – JJDC are both investing in a series A round for the cell therapy developer, a spinoff from Genscript Biotech.

Events

GCV Symposium 2020
3rd June 2020
Apple anticipates $100m NextVR acquisition
NetEase, SoftBank, Time Warner, Madison Square Garden, Dick Clark Productions, Citic Guoan, Founder Group and Comcast could all exit the virtual event platform developer.
Narwal Robotics dives into series B round
Digital media company Bytedance has co-led a $14.1m round for Narwal Robotics, which produces autonomous floor cleaning robots.
VenBio visits corporates for $394m third fund
Undisclosed pharmaceutical companies were among the investors in the venture firm's third fund, which will target biopharmaceutical developers.
Airbnb cuts valuation to $26bn
The Alphabet-backed short-term accommodation portal has internally trimmed its valuation from $31bn amidst Covid-19 restrictions as it fields investor interest.
Seiko Epson seeks out corporate venturing deals
The printing technology provider has set aside $46.7m and teamed up with Global Brain to set up the Epson X Investment unit.
Seegrid gets $25m from G2VP
Seegrid, which counts Giant Eagle as its largest investor, has received funding from venture firm G2VP at a nine-figure valuation.
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