Liberty Media buys nearly a fifth of the US book shop chain, buying shares which yield a 7.75% annual dividend.
Month: August 2011
Glaxo spin-out hears call of £10m
UK-based healthcare company GlaxoSmithKline has kept backing one of its spin-outs, Autifony Therapeutics, which is researching treatments for hearing problems, retaining a stake after it raised a £10m ($16.5m) funding round. GlaxoSmithKline will receive a 25.4% minority equity stake, and invest £1.25m. Autifony also raised the series A round from the Imperial Innovations Group,an Aim-listed… Continue reading Glaxo spin-out hears call of £10m
Google-backed Hubspot buys Oneforty
HubSpot’s second acquisition in two months came after the company nearly doubled the venture funding it has received to $65m in March.
Rockfish Brand Ventures to survive WPP deal
The corporate venturing unit, which was set up in March, had done one deal before its parent was bought by WPP.
Intel Capital cuts listed holdings by 60%
The decline in size of the corporate venturing unit’s listed portfolio comes as bid speculation has mounted over US-based wireless company Clearwire, Intel Capital’s second largest listed holding.
Fisker Automotive speeds towards $200m
Fisker Automotive, backed by A123 Systems, is reportedly eyeing a $200m funding round.
China sails to healthcare’s future
The launch of 3SBio’s corporate venturing fund draws less attention than it should.
Modumetal steels itself for backer
News provider Fortune said Steel Dynamics would invest after Modumetal provided its nano-laminated materials to the investor.
Gazelle leaps on $22m
Venture capital firms Craton Equity Partners, Physic Ventures, RockPort Capital Partners and Venrock Associates provided the series D round for Gazelle.
Mittal backs Applied Superconductor
Applied Superconductor, a UK-based developer of devices for utility and industrial networks employing high temperature superconductor materials, has raised £3.6m ($6m) from a consortium including OCAS Ventures, which manages the €100m ($145m) seed and early stage Finindus fund backed by steel maker ArcelorMittal and the Flemish Region in Europe. Venture capital firm Octopus Ventures and… Continue reading Mittal backs Applied Superconductor
MEMC powers up with Fotowatio assets
MEMC and its solar energy subsidiary, SunEdison, will pay $134.9m, plus performance fees of up to $103.6m for 42MW in American solar power production assets of Spain-based, corporate venture-backed Fotowatio Renewable Ventures.
Crowdtap returns to Mr Youth
Prior to founding Crowdtap in October 2009, Brandon Evans was chief strategy officer and managing partner of Mr Youth, where he created social marketing strategies for Pepsi, Microsoft and P&G.
Gruenderfonds exits Textunes
Germany-based media group Thalia is acquiring Textunes as part of its “Smart Reading Strategy”.
Landon takes majority of Sercotel
Landon Investments, the corporate venturing unit of Spain-based Grupo Corporativo Landon, has reportedly invested €3.5m ($5m) in local hotel chain Sercotel to take its stake to a majority position. News provider Unquote said Landon had invested €8.5m in 2008 for a 47% stake in Sercotel and now owned 70%. The latest investment will help Sercotel… Continue reading Landon takes majority of Sercotel