Weekly corporate venturing deal net: 11-15 April 2016 · Articles · Global Corporate Venturing
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15 April 2016

Weekly corporate venturing deal net: 11-15 April 2016

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Author: Robert Lavine, News Editor

Germany-based biopharmaceutical startup Thermosome has closed €4.6m ($5.2m) in financing, including €1.9m from funds managed by corporate-backed venture capital fund High-Tech Gruenderfonds and Bayern Kapital. The other €2.7m came in the form of grant funding from government agency German Federal Ministry of Education and Research that will be provided over a three-year period.