This is the first new investment by Innogy Venture Capital’s fund, IRTF I, since RWE Innogy and Bankhaus Lampe (through its Conetwork Erneuerbare Energien holding) signed their strategic cooperation agreement last November to commit to the fund.
Month: March 2012
The Big Deal: Visa follows its network
The power of networks is evident – even in a world of a frictionless payments, everyone needs contacts.
Insights into a buyout’s implications
The question will be, if Insight’s planned buyout succeeds, whether Quest’s planned debt load and interest payments suck up cash that could be used for its development, such as through corporate venturing.
Neurophage caps off $21m series B
Neurophage extends its series B round with backing from healthcare companies Insitut Merieux and Shire.
SAP eyes another fund
The corporate venturing unit of the Germany-based software company could raise its second fund within the next two years.
Google flys to Triptrotting
Google Ventures entrepreneur-in-residence Craig Walker is separately looking at returning to his VoIP roots when he founded the company which becam Google Voice.
Big in Japan: Fender strums towards IPO
As the iconic Fender guitarmaker goes towards a $200m IPO, here is its history with Japan-based musical instrument companies Kanda Shokai and Yamano Music. Fender Japan guitars make rockers weep.
Telefonica’s Wayra comes to the UK
The Spain-based Telecoms group plans to invest in 20 small UK businesses.
MiaSolé basks in $55m
MiaSolé, a US-based solar film company previously backed by Japan-based electricity company Nippon Kouatsu, has raised $55m. News provider Dow Jones said existing MiaSolé investors VantagePoint Capital Partners, Kleiner Perkins Caufield & Byers, Bessemer Venture Partners, Firelake Capital Management and Passport Capital participated. A spokesman added the latest round was "primarily contributed by existing investors".… Continue reading MiaSolé basks in $55m
Razor’s Edge slices into Mersive
Visual computing software company Mersive, which has technology used in military simulations, wins backing from venture firm set up by a management including top executives at US-based defence contractor Blackbird Technologies and the CIA’s quasi-corporate venturing unit In-Q-Tel.
Shenergy shines on KLNE
China-based Shenergy Group teams up with IDG Capital Partners, backed by IDG Capital Partners, to back a China-based solar group set up in 2009.
Roche-backed Cytomx recruits Hoyoung Huh
The Roche Venture Fund-backed biotechnology company appoints the former executive chairman of BiPar Sciences, which was sold for $500m in 2009, as its chairman.
Visa Europe joins Stuart Rose at Mobile Money
Visa Europe follows backing UK-listed payment technology company Monitise last year, by also backing one of its investments UK-based mobile payments company Mobile Money Network, chaired by former Marks & Spencer head Sir Stuart Rose.
Most influential: Industrials 2012
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