The unit of sovereign wealth fund Kuwait Investment Authority sets up a joint venture with the Germany-based energy efficiency and storage company in Kuwait.
Month: June 2012
Kevin Rose joins Google Ventures
Entrepreneur Kevin Rose follows up exit of Milk to Google by joining Google Ventures.
Intel Capital makes Aksoy Turkey head
Intel’s corporate venturing unit opens a Turkey office after backing digital media company Nokta and daily deals company Grupanya.
Socolof becomes NVCA corporate chair
Socolof says: “I am honored to represent this growing constituency within our industry as the landscape continues to evolve.”
Innocentive raises $5.1m
The US-based crowd-sourcing platform backed by pharmaceutical group Eli Lilly raises $5.1m of a planned $7.5m round.
Crittercism raises $5.5m
Google Ventures-backed mobile application problem solver wins A round funding from the corporate venturing unit, which also back the company’s seed round last year.
Seattle’s Accelerator looks to expand
The company is planning to build into a network of four or five labs including New York, news provider Xconomy said.
Konarka files for bankruptcy
The solar company backed by energy groups Total and Chevron as well as Japan-based imaging company Konica Minolta has raised more than $170m in its history.
B2B Center raises $45m
The Mail.ru-backed Russia-based online procurement platform raises the funds from investors including venture firm Insight Venture Partners and private equity firm Da Vinci Capital Partners.
Intel, UCL, Imperial link on Sustainable Cities
The London-based institute is Intel’s first research centre and hub looking at how technologies can improve the social and economic development of cities globally.
One third of Japanese corporates back VC
One third of the Japanese corporates tracked by private equity data provider Preqin invest in venture capital.
Romax moves into Nottingham Uni offices
Moonray-backed Romax Technology, a UK-based engineering company says it hopes to create around 100 new jobs in Nottingham and the UK over the next three to five years.
SingTel Innov8 looks to back incubatees
Singtel’s corporate venturing unit has reportedly made offers to back two of the incubatees from the JFDI-Innov8 2012 Bootcamp, which it backed last year.
Intel fuels up Trigence
Intel backs the Japan-based maker of a digital audio signal processing technology.