Naspers emerges with venturing success.
Month: May 2012
2012 investment of the Year: GreatPoint Energy
Power play with potential from Chinese firm to US clean-tech group.
2012 Exit and IPO of the Year: Amobee
Amobee advertises its level playing field.
2012 lifetime achievement award: Roy Davis
Industry legend: Davis cycles into Global Corporate Venturing’s hall of fame.
Success – more than a mnemonic
This year, in all bar one of the awards, Global Corporate Venturing selected a shortlist and the winner was selected by the magazine’s advisory board at the end of March. Editor James Mawson chose the lifetime achievement award.
One million diners chomp with NoshList
The mobile app for seating diners was developed by Firespotter Labs, an incubator backed by Google Ventures, and set up by Craig Walker, a former entrepreneur in residence at the search engine’s corporate venturing unit.
Verdezyne raises $10.5m
The US-based industrial biotechnology company backed by BP Alternative Energy Ventures and DSM Venturing raise more funds.
Accion launches $10m venture lab
The India-based microfinance firm launches a $10m lab to promote financial inclusion.
Bioventus spins off from Smith & Nephew
The former Biologics and Clinical Therapies division of Smith & Nephew spins off with backing from Essex Woodlands and its former parent.
Smart Hydro Power charges up with $3.5m
Venture firm eCapital has invested €2.7m ($3.5m) in Smart Hydro Power , a micro hydro power company backed by Germany’s corporate-backed state investment fund High-Tech Gründerfonds. Andreas Quauke, senior investment manager of High-Tech Gründerfonds, said: "Smart Hydro Power’s technology allows for resource-saving and sustainable energy production, which, at the same time, is extremely efficient. We… Continue reading Smart Hydro Power charges up with $3.5m
Michigan’s Renaissance raises $60m
The fund of funds run by Business Leaders for Michigan secures funding from corporates including Amway, DTE Energy, Blue Cross Blue Shield of Michigan and La-Z-Boy.
Google to roll out red carpet for Machinima
Google eyes $30m investment in the movie-style gaming company at a $190m valuation, as Google Ventures-backed location-based mobile app company Echoecho raises $750,000.
Pelamis eyes strategic investors
Pelamis is looking to raise strategic financing by the end of the summer.
Light Media sells Christian Capital stake
The religion-based media holding company sells stake in Christian venture capital fund.