Naspers is placing more cash into LetGo, a cell market for used items that competes with Craigslist, eBay, and Fb Market, together with start-u.s.like OfferUp. Naspers has dedicated to pour $500 million extra into LetGo, with $150 million invested to this point. LetGo used to be previous subsidized by means of NEA, Perception Project Companions, Accel and others.
Novo Holdings, Cowen Healthcare Investments, Pfizer Ventures and OrbiMed are amongst buyers in a $60 million spherical for Therachon. The biotech undertaking is growing drugs for uncommon illnesses in large part neglected by means of the business. The corporate is recently interested in growing a protein treatment to regard achondroplasia, a genetic dysfunction inflicting dwarfism.