Joby Aviation Secures USD100M in Series B Funding to Make Electric Vertical Take-off and Landing Transportation a Reality

SANTA CRUZ, Calif. – February 1, 2018 – Joby Aviation announced it has secured $100M in Series B financing to take its all-electric vertical take-off and landing (eVTOL) passenger aircraft into pre-production and certification.

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Engine Biosciences Raises USD10 Million in Largest Institutional Seed Financing Seen in South East Asia

Singapore and San Francisco-based biotech company raises US$10 million in seed round from leading American and Asian investors; round was co-led by DHVC (Danhua Capital) and 6 Dimensions Capital, with participation from WuXi Apptec, EDBI, Pavilion Capital, Baidu Ventures, WI Harper, and Nest.Bio Ventures.

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EDBI Participates in PEAR Therapeutics’ USD50 Million Series B Financing Round

BOSTON, and SAN FRANCISCO, January 2, 2018– PEAR Therapeutics, the leader in prescription digital therapeutics, today announced that it has successfully closed a $50 million Series B financing led by Temasek. With this financing, Temasek joins new and existing investors including 5AM Ventures, Arboretum Ventures, JAZZ Venture Partners, Novartis, Singapore-based EDBI, and the Bridge Builder’s Collaborative.

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EDBI participates in Tessa Therapeutics’ USD 80 Million Financing Round

SINGAPORE – 20 December 2017 – Tessa Therapeutics, an international clinical stage biopharmaceutical company focusing on T cell therapy for solid tumors, today announced the completion of a USD 80 million financing round led by Temasek, an investment company headquartered in Singapore, and joined by EDBI, Karst Peak Capital, Heliconia, Heritas and other investors.

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Magic Leap CEO interview: Indoor augmented reality is the first step

Rony Abovitz has been dreaming about a new way of seeing the world since he started Magic Leap in 2011. He raised $1.9 billion in funding, but he stayed quiet about what the company was going to do. Today, he unveiled the Magic Leap One AR goggles for the first time. AR is expected to be a multibillion market, with support from Google and Apple, but Magic Leap is the company that is throwing the most money and people at the challenge today.

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Coursera Fights To Keep The Promise Of MOOCs Alive With Corporate Customer Push

Five years ago, the CEO of Coursera would’ve been in high demand on the floor of a busy tech conference floor, but speaking at Web Summit in Lisbon in November, Jeff Maggioncalda blends in. Coursera’s original product, the massive open online course, no longer carries the same buzz as artificial intelligence, autonomous vehicles or the blockchain. Today, its fans look a lot more corporate: Intel and Google, AXA and L’Oréal.

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Druva Ranked Number 175 Fastest Growing Company in North America on Deloitte’s 2017 Technology Fast 500™

SUNNYVALE, Calif., Nov. 27, 2017 (GLOBE NEWSWIRE) — Druva, the market leader in cloud data protection and management, today announced it ranked 175 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.

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