The lighting company, which uses technology spun-off from failed Intel Capital-backed solar company SpectraWatt, raises $3m.
Month: May 2012
Cooliris exits Adjitsu
T-Venture-backed internet browser software company Cooliris sells a company it set up last year to Amobee – itself acquired this year by telecommunications company SingTel, and one of the candidates for our second annual awards on Monday.
Citrix accelerator secures second exit
Drumbi, which the accelerator backed in August last year, has secured a $2m A round.
Elemental raises $13m
The corporate venturing unit of Disney is joined by Norwest Venture Partners, General Catalyst and Voyager Capital backing the company.
Corporates rev up Coulomb in $47.5m round
US-based electric vehicle charging company raises the funds with backing from corporate venturing units of Siemens, Hartford and Toyota.
Points rewards Sweet Tooth
Loyalty software company Points International is joined backing another loyalty software developer by the venture unit of Canada pension fund Omers and Mars, an Ontario government fund.
Modern manufacturing as a metaphor
Corporations exist because coordination within the corporation less costly than external partnerships that must be defined and managed contractually but modern connections make these outside costs lower if managed carefully.
Tech Scout Finalists and Speaker Biographies
Below is the list of speakers and challengers for the 2012 Tech Scout day on May 14 in London
2012 Symposium speaker biographies
2012 Symposium speaker biographies for the event on May 15 at Centre Point, London.
Celladon raises $53m
The biopharmaceutical company backed by the corporate venturing units of Pfizer, Novartis and Johnson & Johnson increases the size of its latest round.
Eli Lilly reaches BioCrossroads $8.25m fund
The US-based pharmaceutical company helps the Indiana seed fund raise its next vehicle.
IBM stirs into Tealeaf
The US-based analytics software company was the first spin-out from Germany-based software company SAP and has the backing of its corporate venturing unit.
Carnegie Speech recruits Musselman
Paul Musselman, formerly of Intel Capital and IBM’s corporate development team, takes the top role at the language learning start-up.
JPMorgan backs Code Advisors
JPMorgan’s chief executive of investment banking Jes Staley has joined the advisory firms operating committee as a non-voting observer.