General Motors (GM) Ventures, the corporate venturing division of the US-based automotive conglomerate, has invested $7.5m in US-based solar energy company Sunlogics. Sunlogics was acquired by the US-based publicly traded green energy company Salamon Group, in May. The deal follows GM Ventures’ investment in a clutch of environmental energy-based firms, including US-based cleantech companies Sakti3,… Continue reading GM Ventures shines on Sunlogics with $7.5m
Month: August 2011
Google backs TechCrunch founder’s social network
Google’s corporate venturing unit is reportedly among the backers of TechCrunch founder Keith Teare’s latest venture.
Steamboat helps $50m Shangpin.com fundraising
Disney’s Steamboat Ventures also backed the company’s $10m series B last year.
Bridgelux raises $60m
Bridgelux, reportedly backed by Asian chipmaker Taiwan Semiconductor, has raised at least $180m in aggregate after the latest funding round.