TWC L’Amy becomes the latest fashion company to be part-acquired by the corporate venturing unit of LVMH.
Month: July 2011
Groups tap into Swype deal
Samsung Ventures, Nokia Growth Partners and NTT’s Docomo Capital have invested alongside venture capital firms Benaroya Capital and Ignition Partners in the $6m series C round, after US-based touchscreen keyboard company Swype had already raised $3.5m in a first close in March. Swype raised $6.6m in a series B round from investors including Docomo, Nokia… Continue reading Groups tap into Swype deal
AOL, Google joined in Crittercism
The US internet services firms have paired for at least a second time to back a graduate of the AngelPad accelerator programme along with Kleiner Perkins Caufield & Byers and others.
Cryolife shows heart with ValveXchange deal
Cryolife takes a near 20% stake in ValveXchange, sealing at least its second deal related to heart treatments in three months.
Good for Chesapeake, good for America
Energy company Chesapeake’s move to pump more than $1bn into venture investment to boost the development of natural gas powered clean technologies is a big splash in the world of venture capital.
Chesapeake starts $1bn venturing fund
Chesapeake is setting up a $1bn corporate venturing fund to deploy over 10 years to help gas more effectively compete with oil as the world’s main fuel for transport. It also announced more than $300m of investment during three years in two clean tech companies.
Google steps up venture spend to $200m
Google Ventures is reportedly being given more support by its parent company, through staff as well as firepower, as one of it portfolio companies gears up for a float.
Google’s clouded Wingu investment emerges
Google has come up with a unique, albeit seemingly unintentional, method to reveal its investment in a company.
Medtronic converts two stakes
Medtronic has bought two companies which have previously raised an estimated $134m in venture backing for a combined valuation of $645m.
Northrop enters Daylight Solutions
US-based arms company Northrop Grumman has led a $15m investment into Daylight Solutions, a US-based imaging systems developer.
Amazon-backed LivingSocial eyes $15bn valuation
LivingSocial, a US-based discount coupon company backed by online retailer Amazon in December, has reportedly appointed banks for a flotation with a $10bn to $15bn valuation.
Glaxo-backed SpringLeaf raises extra $4m
The US-based technology platform for drug development backed by GloxoSmithKline’s SR One has used extension financing to bump up its latest funding round to $19m.
IDG seals software deal
IDG Capital Partners backed the second round financing of China-based software company Wondershare, which has a photo collage product (pictured).
Nokia-backed Summit raises $3.3m
The latest funding round by Nokia Growth Partners-backed Summit Microelectronics takes the amount it has raised to at least $21.4m.