“Venture Channel” financing news, as well as early startup projects in various fields we are focusing on.

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Please check the Venture Capital Daily on March 4. The Venture Capital Daily includes the financing news reported by the Venture Capital Channel today, as well as early startup projects in various fields we are focusing on, enjoy ~

Medical

Finance disclosure:

  • Immunocore has raised $ 130 million in Series B financing based on the development of a variety of cancer cell therapies based on TCR

    According to foreign media reports, a British unicorn biotechnology company focused on developing T cell receptor (TCR) therapy Immunocore has completed US $ 130 million in Series B financing, led by General Atlantic of the United States, CCB International, JDRF T1D Fund, Rock Springs Capital, Acer Capital (Terra Magnum Capital Partners) and new shareholders such as Wuxi Wumingkant Venture Capital Fund, as well as new shareholders such as Eli Lilly, RTW Investments and the Bill & Melinda Gates Foundation.

    It is reported that this round of financing funds will be used to promote the expansion of Immunocore and accelerate the development of three oncology projects on its ImmTAX ™ platform: the IMC-C103C (targeting MAGE-A4) in cooperation with Genentech, GSK01 (targeting NY-ESO-1) in cooperation with GlaxoSmithKline (GSK), and Tebentafusp (IMCgp100), its first drug candidate. In addition, the company will also advance its two wholly-owned clinical phase projects for chronic hepatitis B and PRAME. Among them, as a potential treatment method for patients with metastatic uveal melanoma, Tebentafusp is conducting key clinical research … ( View more Click here more )

    • Tumor immunotherapy is not diminishing, Xilio Therapeutics Receives Takeda’s Leading Investment Over 100 Million USD in Series B Financing

      According to foreign media reports , biotechnology company Xilio Therapeutics a> (formerly known as Akrevia Therapeutics) has completed over US $ 100 million in Series B financing, led by Takeda Ventures, with the participation of other new and old investors. This round of financing will further advance its candidate drugs, XTX201 and XTX101, into the clinical development stage, while expanding their selective tumor cytokine development pipeline. Previously, the company had completed a $ 30 million Series A financing in 2018.

      Xilio Therapeutics was founded in 2016 and is headquartered in Weihao, Massachusetts, USA. According to the official website, “Xilio” (pronounced “Ex -il-ee-oh”) is derived from the Latin word Ex Nihilo, meaning “creation” or “big bang”, and it embodies the company’s vision-to release tumors by releasing The full power of selective and highly effective immunotherapy to create transformative therapies for cancer patients … ( For more, click here )

      Technology

      Finance disclosure:

      • “White Rhino” receives additional investment from Chentao Capital, aiming at the normal operation of instant delivery at the end of the terminal

        It is learned that the self-driving company “White Rhino”, which specializes in real-time delivery at the terminal, announced that it has obtained additional investment from Chentao Capital. The financing amount has not been disclosed. The financing is mainly used for product development and landing operations.

        White Rhino self-driving car was established in April 2019 and was founded by Zhu Lei, a former member of Baidu’s autonomous driving team. Before founding White Rhino, Zhu Lei was the co-founder of another autonomous driving company.

        Several weeks ago, it was reported that the former Baidu self-driving core member Xia Shizi joined White Rhino as co-founder and CTO. Xia Tian was a Baidu T9 technical expert and ledThe team built a Baidu deep learning system for unmanned vehicles, with first-line experience in multiple projects such as L3, L4, Robo-Taxi, vehicle-road collaboration and intelligent transportation … ( For more, click here )

        • “Ruilai Smart RealAI” won tens of millions of RMB angel + round of financing, hatched from Tsinghua AI Research Institute

          It was learned that RealAI announced the completion of angel + round financing of tens of millions of yuan, led by Songhe Capital and Tongdu Capital. The financing was mainly used for team expansion, R & D infrastructure construction and marketing. Wait. Earlier, RealAI had received a round of investment from Baidu Venture Capital, China Science and Technology Star and Mizuki Tsinghua Alumni Fund. The total amount of the two rounds of financing is about RMB 100 million.

          RealAI was established in July 2018 and was incubated by the Institute of Artificial Intelligence at Tsinghua University. It is a third-generation secure and controllable artificial intelligence technology and industry solution provider. Robust, Extendable, Assurable, and Landable are the source of RealAI’s English name and the company’s business goals … ( For more, click here )

          • The American code search company “Sourcegraph” has raised $ 23 million in Series B financing and wants to solve the inefficient problem of software development

            According to foreign media FinSMEs reported that the United States Sourcegraph raised US $ 23 million in Series B financing led by Craft Ventures, Early investors Redpoint Ventures and Goldcrest Capital participated. Sourcegraph is a company that provides code search servers for businesses, founded in 2013In 2005, it was headquartered in San Francisco, USA, and was co-founded by Beyang Liu and Quinn Slack. It aims to improve the efficiency of software development through code sharing between company developers … ( Click here for more )

            Consumption

            Finance disclosure:

            • One-stop shopping + price comparison platform, Southeast Asia “iPrice” has received $ 10 million in Series B financing

              Foreign media news, Southeast Asian comparison shopping platform “iPrice” has recently completed $ 10 million in Series B financing led by ACA Investments. Other investors include Daiwa PI Partners, existing investors Line Ventures and Mirae Asset-Naver Asia Growth Fund. The funds will be used to develop product discovery features, including recommendations and professional product reviews. Previously, iPrice had raised $ 4 million in Series A funding in 2016.

              iPrice was founded in 2015 and is headquartered in Kuala Lumpur, Malaysia. It is a platform that provides e-commerce comparison services for Southeast Asian shoppers. The rapid growth of the e-commerce industry in Southeast Asia in recent years has made consumers face more and more websites when shopping, and iPrice can provide product information and price comparisons of hundreds of shopping sites in Southeast Asia, reducing browsing time … For more, please click here )

              • “MWM” with 400 million app downloads has received approximately $ 55.9 million in funding, and wants to be Adobe in the field of mobile creative applications. >

                According to foreign media reports, music application publisher “MWM (Music World Media)” recently completed a new round of financing of approximately $ 55.9 million (50 million euros), led by Bliss / lead investment, Idinvest Partners, Bpifrance, Aglaé Ventures and Xavier Niel and other institutions followed. This round of financing will be mainly used to enrich application types and team expansion. The company’s current total financing amount is about 67 million US dollars (60 million euros).

                “MWM” was founded in 2012,There are currently two offices in Paris and Bordeaux with 70 employees. “MWM” has developed more than 15 applications and is distributed in 182 countries. The application covers creative fields such as music production, music learning, games and utilities … ( For more, please click here )