Bright Capital leads the funding for the company that develops biotechnologies for agricultural and industrial processing.
Month: September 2012
Info Edge smartens up 99labels with $900,000
India-based online advertising company Info Edge has reportedly invested R5crore ($900,000) in discount fashion apparel sales website 99labels.com. 99labels.com sells everything from perfumes to décor at up to 90% discounts, It was backed with $3.5m by Info Edge last May, according to news provider VCCircle. Info Edge also recently made a$6.5m investment in Bangalore-based online… Continue reading Info Edge smartens up 99labels with $900,000
Act-On raises $16m
Cisco-backed software maker Act-On raises $16m, in round led by Northwest Venture Partners.
Telefonica, La Caixa drive into AddFleet
Telefonica Ventures and Caixa Capital TIC back the service which connects mobile phone users to taxi dispatch centres.
New challenges surface
Return from summer sees the industry facing three issues: early-stage investing, integrating corporate venturing into a broader innovation strategy and longer-term investing.
Innovative region: Brazil
Innovation ecosystem comes alive ahead of major events.
Gaule’s Question Time: Stephen Socolof, NVP
Gaule: Introduce yourself and New Venture Partners (NVP). Socolof: I am one of the managing partners of NVP, a venture capital frm focusing on corporate spin-outs. I am a founder, a member of the investment committee, and I lead deals in a broad range of areas from semiconductors to networking technologies to consumer products and… Continue reading Gaule’s Question Time: Stephen Socolof, NVP
Obituary: Antonie Roux (1958-2012)
To be probably the world’s most successful corporate venturing unit requires a bit of luck in being in the right place to strike the best deals, but also having the individuals to see the opportunity and team to buy into the vision. The death of Antonie Roux, chief executive of the MIH corporate venturing unit… Continue reading Obituary: Antonie Roux (1958-2012)
Profile/Case study: Mail.ru
There is a saying that by aiming for the stars you might miss but still hit the moon. However, if the people connected to Russia-based internet services group Mail.ru ever thought about this they would regard it as unduly pessimistic. Their own development in creating a business that dominates the Russian-language internet market has also… Continue reading Profile/Case study: Mail.ru
BBC ventures into digital innovation
The author, first writing in the Kauffman Fellows Report, Spring/Summer 2012, describes how he formed the BBC Worldwide team, leveraged the value of the BBC and garnered success by exploring alternatives to traditional venture capital investing.
Teli joins Connect Ventures
Teli is the third managing partner of the business, alongside founders Bill Earner and Pietro Bezza.
Qualcomm seals pair of Asian deals
Qualcomm Ventures reportedly backs South Korea-based telecom software developer IntelRa and China-based web browser MoboTap.
SmartCamp alumnus Localytics raises $5.5m
The B round for the mobile analytics provider, which entered IBM’s SmartCamp programme, was backed by venture firms Polaris Venture Partners, New York Angels, LaunchPad Venture group and Hub Angels.
Annovation secures $8m
Annovation won backing from healthcare company The Medicines Company and venture investors including Atlas Venture.