Sadara, a Palestine-focused investment firm, is reportedly nearing its first investment after raising a fund last year backed by Google, Cisco and others.
Month: April 2012
Intel hooks up with TheComplete.me
Intel Capital backs the social dating network’s seed round along with CrunchFund and other investors.
Yammer taps on OneDrum
The US-based enterprise social network business backed by CrunchFund, a venture firm set up with AOL’s backing, buys the Scottish-based maker of a real-time interaction programme for Office.
Solvay helps Polyera raise $24.5m
Solvays backs the supplier of high-performance functional materials for the electronics and opto-electronics industries again.
InnoSpring launches seed fund
InnoSpring, a US-China incubator backed by China-based property company Shui On Group, launches its seed fund with venture capital backing from firms including Kleiner Perkins Caufield & Byers and Northern Light Venture Capital.
WPP picks up 20% of Chime
WPP takes its stake in Chime Communications to one fifth of the company. It has backed Chime since 1997.
Auctionata round goes to… eVenture
Germany-based online auction house Auctionata raises funds from eVenture which joins HV Holtzbrinck Ventures and Raffay & Cie backing the company
3M pulses for Zephyr
3M New Ventures joins Motorola Solutions Venture Capital backing the physiological monitoring systems company.
Quantenna calls up $79m
Telefonica Ventures and Swisscom Ventures-backed wi-fi chip company Quantenna Communications raises the funds, with more than half the amount coming from Russian state-backed Rusnano.
Legendary seals blockbuster financing
IDG Capital Partners returns to back film and television company Legendary Entertainment, which has released blockbusters including the Dark Knight (Batmobile pictured) and Inception, in a $128m round.
Netease eyes $316.3m fund
Netease, a China-based gaming company, which has grown to a market capitalisation of $7.3bn after being founded 15 years ago, is reportedly eyeing an early growth stage fund.
Funzio wants to get hands on $50m
The International Data Group-backed games maker of Crime City reportedly eyes $350m valuation.
Meaning from the missing 400 million
The one-child policy could be up for review if the Chinese government transitions to a new leader, as is expected this year.
BrightSource IPO light goes out
Whether BrightSource shelving its float is an early sign of the wider flotation pipe closing will be seen in the coming days.