The conflicting signals for corporate venturing-backed flotations came among wider concerns about public equity capital markets.
Month: June 2011
BCD completes Nasdaq flotation
Intel CApital-backed BCD listed 4.3 million American Depositary Shares (ADS) at $10.50 before expenses, with shareholders selling a further 1.6 million ADSs, according to the company’s prospectus.
Intel Capital cuts listed holdings
In a regulatory filing this month, Intel said it corporate venturing unit as well as the Middlefield Ventures portfolio held stakes in listed portfolio companies worth an aggregate $192.1m at the end of June.
BlueArc plans $100m flotation
The Chevron-backed data filing firm is hoping it will be second time lucky, after it pulled a previous IPO during the financial crash in 2008.
Hitlantis secures choir of angels
Various Scandinavian corporate angel investors are backing the Finnish music service, which is confident it can change the way we browse for content online.
Zynga aims big with IPO
Softbank and Google are set to be among the big paper winners in an initial public offering of the social gaming business reportedly valuing the company at $15bn to $20bn.
SingTel helps Vivotech raise $24m
The latest extension funding round has taken the money raised by mobile payments company Vivotech to $90m.
Unilever continues backing Iota
Unilever spin-out Iota NanoSolutions has raised money from the Anglo-Dutch multinational and the Qatar Islamic Bank’s UK unit.
Foursquare raises $50m
The $50m investment by prior investors reportedly gives a $600m valuation to the rapidly expanding website, backed by the corporate venturing division of O’Reilly Media.
Enphase eyes $50m round
Applied Materials-backed Enphase Energy is raising the money about two weeks after it filed for a $100m IPO.
LipoScience files for $86m IPO
Liposcience, previously backed by General Electric among others, is hoping for better results this time around, after an abortive float almost 10 years ago.
Fidelity looks to education with MindShaper
An Indian private equity arm of Fidelity International has invested $15m in a local education company and will put two executives on its board.
Google, Citi breathe $204m into Alta Wind
The search engine and the bank have invested $314m in the largest US wind energy project in less than two months.
Citigroup joins Indian microfinance round
Citi Venture Capital International has backed Janalakhsmi Financial Services, which counts the Michael and Susan Dell Foundation among its investors.