ARTICLE | Financial News
Verily raises $1B
January 11, 2019 5:52 PM UTC
Verily Life Sciences LLC (South San Francisco, Calif.) said on Jan. 3 it raised a $1 billion investment round led by new investor Silver Lake.
The Alphabet Inc. (NASDAQ:GOOG) unit said the new funds will be used in part for investments in strategic partnerships and potential acquisitions. The deal comes two years after Temasek Holdings invested $800 million in Verily...