Alongside Bertelsmann Asia Investments in the syndicate were venture capital firms Trust Bridge Partners and Sequoia Capital.
Month: September 2011
Populis blogs on Mokono purchase
Burda Digital Ventures (BDV), the corporate venturing unit of Burda Digital had owned a minority stake in Mokono since 2007.
Unigo reads up on $1.6m
Unigo.com is designed to provide information for people to find, get in and pay for college and had previously partnered with McGraw-Hill to create a US high school teaching programme on college and career readiness.
P&G finds its Powermat
The joint venture between battery maker Duracell and Powermat is expected to start next year after P&G took an equity stake.
Lotiple taps Softbank
This is Softbank’s second investment into Lotiple, following a Krw500m investment in May of this year, according to news provider the Bell.
NABsys joins chips and genes
In February last year, NABsys raised $7m in its B round, following $4m at launch in 2009, and Stata said: “NABsys represents the merger of two industries which, until now, have been quite disparate: semiconductors and genomics.
MapR Technologies gains $20m
In May, MapR struck a strategic partnership with database provider EMC but its investors only disclose three venture capital firms.
Craig Wireless gets a Woosh
In a filing, Craig Wireless said it would own 51% of a new holding company, Woosh, with the latter’s current chairman, Rod Inglis, the remainder.
Bloom reportedly eyes $150m
Previous investors, including investment bank Goldman Sachs, had reportedly provided $450m to Bloom.
Mascoma preps $100m flotation
Mascoma’s largest corporate shareholders are SunOpta, Valero and General Motors.
HootSuite gears up for action
As well as business development, the new debt will also allow HootSuite to acquire TwapperKeeper.com.
Merck quadruples corporate venturing
Merck reportedly plans to commit $250m as a limited partner in third-party venture capital funds in pharmaceuticals, although part of the money could also be invested directly, through its Merck Research Venture Fund, according to news provider In Vivo, which said the existing $125m Global Health Innovation Group had been doubled.
Intel celebrates with Parade
Parade Technologies, a US-based fabless semiconductor company that in September last year shipped its 100 millionth chip, has floated on Taiwan’s over-the-counter market, GreTai Securities Market, while Intel Capital also celebrates with investment in Tribold.
Corporates rise early for AM-Pharma
The $40m D round for AM-Pharma was co-led by venture capital firms Ysios Capital Partners and Kurma Life Science Partners and included peers Forbion Capital Partners (which was spun out of local bank ABN Amro), BB Biotech Ventures and Idinvest Partners as well as Inventages Venture Capital, which invests on behalf of Switzerland-based chocolate maker Nestle, Abbott and Shire.