Frost & Sullivan, in association with Global Corporate Venturing for the second year, will host the global community of growth, innovation and leadership at Arsenal Football Club’s Emirates stadium in London, UK. Global Corporate Venturing and its partners will also host its inaugural corporate venturing awards ceremony on the 17th.
Month: December 2010
Rabobank backs commodity exchange
Universal Commodity Exchange gains Rabobank among its investors
Wal-Mart backs $500m round for 360buy
Started in 2004 by Qiangdong Liu, 360Buy has been growing at 300% per year and has raised $500m from investors, including US supermarket chain Wal-Mart.
Paychex acquires SurePayroll
SurePayroll closed its series B round in January 2001 and a decade after launch sells to peer Paychex.
CDB sets up China fund of funds
China Development Bank raises RMB15bn ($2.3bn) fund of funds to be split two-thirds towards buyouts and a third to VC and has a target of RMB60bn.
Ihaveu.com collects its $11m
IDG Capital Partners, the corporate venturing unit of US-based publisher International Data Group, and venture capital firm Lightspeed Venture Partners invest in Ihaveu.com’s $11m A round.
Bonovo Orthopedics raises $10m
Legend Capital and OrbiMed Asia Partners join consortium investing $10m in Bonovo Orthopedics.
Merck Serono joins EpiTherapeutics
Merck Serono Ventures joins extended seed round for EpiTherapeutics, which has raised DKr51.5m ($9.2m) since launching in October 2008.
GreenVolts surges to next round
GreenVolts raises $22.4m from 19 investors out of a planned $38.8m round.
ActaCell gains government award
Before winning US Commerce Department award, Actacell raised $5.8m in July 2008 from Applied Ventures and venture capital firms DFJ Mercury and Good Energies as well as Google.org’s RechargeIT programme to cut carbon dioxide.
Groupon grasping fundraising chance
News provider VC Experts says Groupon would issue nearly 30.1m of a new series of preference stock, priced at $31.59 a share, as a regulatory filing shows $500m has already been raised.
Accera raises $11m
Inventages and Posco previous backers of drugs company Accera, which has raised an $11m round.
Zarlink chips in half of Multigig’s round
Venture capital (VC) firms CMEA Capital and Sierra Ventures made up $5m in the C round with the other $5m from Zarlink Semiconductor.
Investors emit $12m for EMN8
EMN8, which stands for enterprise media networks and is a US-based company selling technology to fast-food restaurants, has raised two-thirds of its planned round from a consortium of four investors. In a regulatory filing first seen by data provider CB Insights, EMN8, formerly known as Vast InterActive, said it had raised £12.2m out of a… Continue reading Investors emit $12m for EMN8