Category Archives: GV

China is funding the future of American biotech

Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this year into life science and biotech in the US than they have back home, providing financing for over 300 US-based companies, per Pitchbook. That’s the story at Viela Bio, a Maryland-based company exploring treatments […]

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Carmera, the mapping startup for autonomous vehicles, raises $20 million

Autonomous vehicles need more than a brain to operate safely in a world filled with obstacles. They need maps. Or more specifically, self-driving vehicles need maps that constantly refresh and can deliver important information — like that sudden lane closure due to construction or a double-parked vehicle — so they can take the safest and most efficient route possible. This specific need has provided an opening for startups in what once looked like a locked-up mapping market dominated by a few giants. Carmera, a New York-based mapping and […]

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Enterprise barcode scanner startup Scandit raises a $30 million Series B

“Augmented reality for enterprise” is the sort of phrase that surely hits all of the right neurological pleasure centers for VCs. No surprise, then, that Scandit just raised a $30 million Series B, in a round led by GV (née Google Ventures) and NGP Capital. That joins a previous $13 million raise for the Zurich-based startup. We highlighted the company back in early 2017. At the time, its mission was focused on focused on weaning enterprises off of pricey proprietary scanning hardware — instead, its technology leveraged […]

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