BioMed Ventures, the corporate venturing unit of the eponymous biotech real estate company, and BASF-backed Fintech Gimv were joined in the round backing the regenerative medical company by venture firms including Sofinnova Ventures, Split Rock Partners and BioMed Ventures.
Month: July 2012
Wonpung Mulsan suits up with Relmada
The Korea-listed company that makes men’s clothes, backs the US-based pharmaceutical company.
Comcast taps into WhoSay
Comcast’s corporate venturing unit has led reputation management business WhoSay in a $12m financing. Comcast Ventures was joined in the C round by US-based online retailer Amazon, China-based online company Tencent and venture firms Greylock Partners and High Peaks Ventures. WhoSay rovides public figures with a platform to manage their social networking while giving fans… Continue reading Comcast taps into WhoSay
Google Ventures backs Stamped
Google Ventures and Bain Capital Ventures reportedly invest in US-based company Stamped.
Dropbox picks up TapEngage
The deal follows a $250m series B round closed by Dropbox in October featuring financial services firm Goldman Sachs and several VC investors.
Legend paints up Yesa
Legend Capital backs China-based cosmetics e-retailer Yesa.
Salesforce puts money in Chute
Salesforce is joined in the deal by venture firm Freestyle Capital, which led the round, and venture firms Battery Ventures, USVP and various angels.
Accion tops up CrediConfia with $1.9m
Microfinance company Accion secures a 9% stake in Mexico’s CrediConfia and a board seat as well as a three-year service contract providing governance, management and technical support.
SAP helps Apigee raise $20m
SAP Ventures was joined in the round backing the US-based provider of application programming interface, by venture firms Focus Ventures, Bay Partners, Norwest Venture Partners and Third Point Ventures.
T-Venture invests in DropGifts
T-Venture, the corporate venturing unit of Germany-based telecoms company Deutsche Telekom, has invested a seven figure amount in Berlin-based social gifting startup, DropGifts. DropGifts was founded in February. Thomas Vogel, senior investment manager at T-Venture, said: “DropGifts closes the gap between traditional commerce and social networks. It adds to Deutsche Telekom’s offerings in the mobile… Continue reading T-Venture invests in DropGifts
BDMI invests in Returbo
Bertelsmann Digital Media Investments, the corporate venturing unit of the eponymous Germany-based media company, has invested a seven digit sum in Returbo, a Germany-based ecommerce company. Jan Borgstädt, head of European Ventures at BDMI, said: “Returbo has quickly attained an attractive position in the fast-growing e-commerce sector – especially by intelligently combining B2B and B2C.… Continue reading BDMI invests in Returbo
Intel Capital hires Shoham and Weinryb
Intel Capital has recruited Yair Shoham, formerly of Israel-based venture firm Genesis Partners, and Merav Weinryb, formerly of Pitango Venture Capital, which the corporate venturing unit says “reflects the abundance of innovative businesses and technologies” in Israel.
Bain launches StartUp Academy
The StartUp Academy is seeking undergraduate, masters and PhD students from universities including Duke, Harvard and MIT them in engineering and product management positions at startups funded by Bain Capital Ventures.
Hitfox launches incubator
One year-old Germany-based gaming start-up HitFox is the latest entrant to corporate venturing with the launch of HitFox Game Ventures.