ABB Technology Ventures invested $3m with the remaining half coming from venture capital firms Emerald Technology Investors, which is understood to be raising a quasi-corporate venturing fund from Russia state-backed Rusnano, Gemini Israel Funds and Giza Venture Capital.
Month: April 2012
Softbank tied to Yoke
Venture capital firm Lerer Ventures led the round for Yoke, which was founded by Rob Fishman, former Huffington Post social media editor.
O’Reilly reads up on LearnZillion
LearnZillion is an online platform for people to access a video library of three to five minute, math and literacy lessons.
FRX Polymers on fire with BASF
BASF Venture Capital invested $2.7m of the total. Oliver Guthmann, investment manager at BASF Venture Capital, said: “We have followed FRX’s progress since 2008 and we are excited to take part in its series B round of financing.”
Cooper barrels into Ubiquity
Cooper was also a co-founder of Boost Mobile USA and founding partner of the Softbank Capital Technology Fund set up by Japan-based internet conglomerate Softbank.
Novo newly into Denator
The other co-lead and new investor was Almi Invest, which joined existing investors including T-bolaget, Wikow Ventures, SGP Group and Servisen.
Intel preps 10 more Chinese deals
Intel Capital has invested $650m in 100 companies in China.
Nantworks walks on to Strand deal
Since 2007, Soon-Shiong, Los Angeles’ richest man after forming Abraxis BioScience, has funded more than 35 companies spanning healthcare, education, science, and technology before in September last year he set up NantWorks, which also runs NantAccelerator to provide seed funding and resources to support start-ups.
Micromedic backs BioMarCare
BioMarCare is a portfolio company of Hadasit Bio-Holdings, a publicly traded holding company for businesses using intellectual property developed and owned by Israel’s Hadassah University Hospital.