March 2012 – Page 6

Goldman eyes Redi spin out

Goldman Sachs is reportedly eyeing divesting it electronic trading software group Redi Technologies.

Aptuit Laurus raises $40m

Fidelity’s India-based private equity unit reportedly led the round raised by the seven year old drug discovery company.

CyberAgent raises $24m, opens Tokyo incubator

Mixi, Xing and D2 Communications as well as Japan’s Organization for Small & Medium Enterprises are among the backers of the gaming company’s corporate venturing unit’s first fund.

Orange-Publicis fund seals first deal

The venture fund run by Iris Capital joins up with Deutsche Telekom’s T-Venture backing MyThings’ $15m round.

Germany-based chemicals company Evonik Industries has invested €2.5m ($3m) in local seed investor High-Tech Gründerfonds’ (HTGF) second fund. HTGF now has 13 corporate venturing units as limited partners in its funds, having closed its second fund at €291m last year. Besides Evonik, the other corporate investors are: Altana, BASF, B. Braun, Robert Bosch, CEWE Color,… Continue reading Evonik joins High-Tech fund

Poken taps into $2m

Swisscom Ventures, the in-house venture capital division of the eponymous Alpine telecoms operator, and bank Credit Suisse’s corporate venturing unit SVC – Ltd. for Risk Capital for SMEs, provided the $2m.

Google reads up on ClearStory Data

Alongside Google Ventures in the seed round were venture capital firms Andreessen Horowitz and Khosla Ventures and angels.

Enerkem sets range

Enerkem will sell 7.25 million shares at between $17 and $19 each with a further 1,087,500 shares available to the investment banks underwriting the initial public offering

Novaled plans $200m listing

Samsung owns 9.84% after a September round.

Fidelity plans Asian fund

The $250m fund will reportedly be managed by Fidelity Growth Partners Asia (formerly known as Fidelity Asia Ventures).

EMC finds its Likewise Software

Likewise last raised corporate venturing funds in April 2009 with its $10m series C round from Intel Capital and venture capital firms Ignition Partners and Trinity Ventures.

Xange backs Mobiles Republic

Venture capital firm Creathor Ventures joined Xange in Mobiles’ series A round with the money to be used to expand its news apps, including News Republic, APPY Geek and Glam Life, on different platforms.

Healthcare welcomes latest fund

UK-based medical endowment Wellcome Trust is creating a £200m ($300m) investment company to invest in start-up biotechnology companies. The company, temporarily called Sigma, will focus on UK and European transformational technologies with potential for high returns over at least a decade. Nigel Keen, chairman of public technology companies in the healthcare and electronics industries, including… Continue reading Healthcare welcomes latest fund

Sony looks to Israel for its health

Sony reportedly sets up a team to review the Israeli market to seek out companies for investment or acquisition.