Philips and NeuroNexus Technologies became minority shareholders in Sapiens as a result of their contribution to the development of the Sapiens’ system and underlying technologies that stimulate the brain to treat epilepsy and other problems from Parkinson’s Disease.
Month: June 2011
Sun Catalytix hires Decelle
Decelle was previously chief executive of Lumenz, a US-based light-emitting diode technology company, and three earlier start-ups in the photonics industry: NoblePeak Vision, Apogee Photonics and ASIP.
Redwood Systems grows into $3.5m
Mitsui said as it had 155 offices worldwide and extensive business units, investments and partnerships across global energy efficiency and green building channels, it was a strategic investor in Redwood.
Houghton Mifflin reads up on challenge
The HMH Global Education Challenge is for people around the world to submit game-changing ideas by July 15 for a chance to win from a pool of $250,000 in cash and prizes and equity.
Groupon plans $750m flotation
Corporate venturing backers behind coupon company Groupon could reap 200 times return on its flotation.
The risks investors seem to ignore
US as the centre of innovation at risk unless it replaces collusion with investor competition.
NVCA provides venturing roadmap
US venture capital trade body lies out its strategy to align its focus with corporate venturing groups.
Gaule’s Question Time: Unilever
In this double interview, Gaule’s Question Time looks at two aspects of innovation and corporate venturing at Anglo-Dutch-listed consumer goods company Unilever.
Returns for the determined
Re-evaluation of healthcare sector throws up the growth in the industry and opportunities and threats that remain.
Pharmascience treats Aegera
Pharmascience, a Canada-based generic pharmaceutical company, has acquired corporate venturing-backed local peer Aegera Therapeutics for an undisclosed amount.
T-Venture ticks ‘done’ on 6Wunderkinder
T-Venture, the corporate venturing unit of Germany-based phone operator Deutsche Telekom, has invested an undisclosed amount in a local, online applications developer, 6Wunderkinder. This additional funding comes six months after the Berlin-based company raised €500,000 ($725,000) from the High-Tech Gründerfonds, a state- and corporate-backed fund for early-stage investments. Last year, 6Wunderkinder launched Wunderlist as a… Continue reading T-Venture ticks ‘done’ on 6Wunderkinder
Inventages pumps iron with Shield
Shield Therapeutics, a Switzerland-based specialty pharmaceutical company treating iron deficiency in the blood, has raised €8.2m ($12m) from Inventages Venture Capital, which acts as the corporate venturing unit for local chocolate maker Nestle, in its series A round. The round gives a post-money valuation of €35m and will be paid in two equal tranches… Continue reading Inventages pumps iron with Shield
SAP leads way into OpenX
Alongside SAP Ventures in OpenX’s $20m D round are AOL Ventures, the corporate venturing unit of internet services provider AOL, Japan-based financial services group Mitsui, Presidio Ventures, which invests on behalf of Japanese conglomerate Sumitomo and venture capital firms Accel Partners, DAG Ventures and Index Ventures.
Cisco backs Jordan’s growth
The corporate venturing money would be targeted at small businesses that provide innovative products, services and solutions, computer equipment maker Cisco said.