Further funding for Visage Mobile after a decade of development.
Month: November 2010
Sutro sews up $36.5m C round
Lilly Ventures and Amgen Ventures join consortium investing $36.5m in healthcare company Sutro Biopharma.
Dwolla raises $1m
Veridian Credit Union and Iowa Credit Union League provide the $1m series A round to Dwolla.
DangDang opens its IPO book
IDG Technology Ventures, a corporate venturing unit of IDG, owns 21.4 million B shares (6.8%) in E-Commerce China DangDang ahead of its US flotation.
Meebo finds time for $25m D round
Time Warner Investments-backed Meebo raises again the $25m it received in 2008.
IBM picks Streetline as winner
Streetline, which uses sensors that allow people to find parking, wins entrepreneur award after being selected from more than 600 entries worldwide under IBM’s SmartCamp programme.
Astia Awards December 2, 2010
The Astia Awards honor exceptional women innovators and recognize the investors and mentors who championed their success on Thursday December 02, 2010 st 9PM PST in California.
HelloSoft finds Imagination Technologies exit
Intel and iD Ventures-backed HelloSoft sees exit route open with sale to Imagination Technologies.
Inventages feeds up MooBella
Inventages, a Switzerland-based venture capital firm backed by chocolate company Nestlé as a cornerstone limited partner, has invested $9m in US-based ice cream maker MooBella’s series B round. The MooBella Ice Creamery machine lets people make their own ice cream in 40 seconds. MooBella raised its series A round at an undisclosed size in September… Continue reading Inventages feeds up MooBella
Vodafone plays with GameGround
Vodafone Ventures joined venture capital firms Sequoia Capital, Softbank Capital, and Novel TMT Ventures in the B round for GameGround, its first deal in the social gaming sector.
GE inhabits Cool Planet’s $8m round
Venture capital firm North Bridge Venture Partners led the $8m round in CoolPlanetBioFuels as a repeat investor with GE Energy Financial Services also participating.
GE organises $55m for clean-tech
General Electric’s $200m Ecomagination Challenge finds an initial 12 companies to support out of 70,000 clean-tech entries.
Sequoia prepares Indian investment surge
Sumir Chadha, managing director of Sequoia Capital India, a subsidiary of US-based venture capital firm Sequoia, told the Economic Times: “Over the last 10 years, we have invested close to $1bn in start-ups and other firms…Over the next two to three years, we expect to invest about an additional $900m.”
Sina starts venturing fund
Newswire Reuters reports that Sina, a Chinese language news provider, has started a RMB200m ($30m) corporate venturing fund for online developers.