Verge Genomics, a drug discovery company utilizing machine learning to develop new therapeutics, raised $32 million in Series A financing led by DFJ. New biotech investors WuXi AppTec’s Corporate Venture Fund, ALS Investment Fund, Agent Capital, and OS Fund also participated in the round. Founded
10x Genomics, a company focused on accelerating genomic discovery, raised $50 million in a Series D financing round led by Meritech Capital Partners. The round also included new investor Wells Fargo Strategic Capital, along with current investors Paladin Capital, Fidelity, and the SoftBank Group. At
Maana closed $28 million in Series C financing, led by China International Capital Corporation and Eight Capital. Accenture Ventures, Intel Capital, GE Ventures, Chevron Technology Ventures, Saudi Aramco Energy Ventures, Shell Technology Ventures, and Sino Capital also participated. According to the company, its Maana Knowledge
According to Bloomberg reports, Apple Inc. has agreed to purchase music-identification service Shazam. Terms of the deal weren’t disclosed, but an unidentified source claims Apple will pay $400 million for the U.K.-based startup. Shazam, founded in 1999, created an app that can identify music, movies, advertising,