The incubator is expected to attract up to 30 battery companies in California who can tap researchers and use equipment at Berkeley Lab and other research institutions.
Month: May 2012
MBC Group sets up ventures unit
MBC Ventures will invest at the seed stage in media and entertainment start-ups in the Middle East and North Africa.
Sallner adds his data to SkySQL
Ulf Sandberg, the incumbent CEO of Finland-based SkySQL, will now serve as president, leading the company’s operations in the Americas.
Cheiky steps up to chair Cool Planet
Howard Janzen has joined as executive president from being chief executive at One Communications, where he oversaw the integration of eight regional communications companies.
RIT gushes with Rockefeller
RIT Capital Partners, a UK-listed investment company chaired by Lord Jacob Rothschild (pictured), and Rockefeller Financial Services, the $34bn family office founded in 1882 by the eponymous oil tycoon, have announced a strategic partnership. RIT will acquire the 37% equity interest previously held by France-based bank Société Générale Private Banking and will become a significant… Continue reading RIT gushes with Rockefeller
Salesforce finds friend in Buddy
The deal would be valued at more than $800m compared to the about $85m raised by Buddy since its launch in 2007, according to news provider All Things D.
DealAngel finds Bright backing
DealAngel has reportedly raised $1.3m in total.
Mobility will decide a nation’s fate
In effect, corporate venturing is the 21st century equivalent of FDI.
The Big Deal: Pangaea expands
The challenge of managing a diverse set of strategic LPs is an area of increasing importance to many venture capital firms.
Regentis Biomaterials adds DSM
The $10m will be used to develop Regentis’s European presence and expand its ongoing clinical efforts of GelrinC, a biodegradable implant that enhances growth of articular cartilage in damaged knee joints.
Feldman joins CrunchFund
He previously was a senior director of special projects at internet services provider AOL, which acquired TechCrunch, a media group that started the corporate venturing fund, and, before that, was director of user experience at Yahoo.
Bona Film reels in News Corp
Dong Yu sold the shares and separately acquired a total of 3.5 million Bona shares for nearly $40m from venture capital firms SIG China Investments, Matrix Partners China and Sequoia Capital.
WhaleShark eats up Miwim
WhaleShark Media, a US-based voucher discount company backed by Google’s corporate venturing unit, has acquired French peer Miwim.
HomeAway and CTrip book into Tujia
Nasdaq-listed HomeAway joins Ctrip.com International, an online travel service provider in China also listed on Nasdaq, and venture capital firms, Lightspeed China Partners and CDH Investments, in Tujia’s financing.