Personalised social TV experience platform Tvinci has raised $4.m5 in venture capital funding led by Trellas Enterprises
Month: October 2012
Fate appoints Weyer to CEO
Fate Therapeutics, a biotechnology company, has appointed Christian Weyer as their chief executive.
Big Deal: YY seeks to thaw icy US IPO conditions
China-based gaming portal and downloads site YY.com is seeking a US initial public offering [IPO] after filing its F-1 with the SEC on Monday, and is looking to raise $100m in the offering.
Japan looks to corporates
A report into Japan’s young, high-growth companies has found local corporations are buying relatively few domestic start-ups and could become a more important part of the entrepreneurial ecosystem as they seem to have created more value than traditional venture capital firms. See the linked powerpoint slides here.The US-Japan Innovation and Entrepreneurship Council, an organization sponsored… Continue reading Japan looks to corporates
Singapore’s siren call
The standard answer to any innovation, corporate venturing or entrepreneurial challenge is usually the same: it is about the people (and a slice of luck). Given this, it can be helpful to pick the right location. There is perhaps no place on Earth like Singapore for its drive to attract and retain the world’s most… Continue reading Singapore’s siren call
Violin readies bank orchestra for IPO
Violin Memory, a US-based corporate venturing-backed maker of data storage equipment, has hired investment banks JPMorgan, Deutsche Bank and BoA Merrill Lynch for its expected flotation. Newswire Bloomberg said Violin’s market valuation could be about $2bn and in July last year news provider Wall Street Journal said it had planned to have listed by April… Continue reading Violin readies bank orchestra for IPO
Validity fingers $20m
Validity Sensors, a US-based provider of fingerprint sensors, has raised $20m in its series E round from a consortium including chip company Qualcomm’s corporate venturing unit. The round takes Validity’s total since launch to about $100m. The E financing follows Validity’s push of its fingerprint sensor technologies into smartphones and tablets and the acquisition of… Continue reading Validity fingers $20m
T-Venture double-dunks Netbiscuits
The Germany-based mobile web services developer wins backing from a consortium including T-Venture, the corporate venturing unit of Germany-based phone operator Deutsche Telekom.
Thinknear flows to TeleNav
In July last year, US-based search engine Google and US-based technology company Qualcomm’s corporate venturing units helped ThinkNear raise $1.6m in seed financing.
AppDirect swipes jBilling
AppDirect makes the acquisition after raising $8.5m in its series A round from a consortium including music and entertainment applications company Stingray Digital Group.
Vertu see value of Vanjoki
Vertu, a maker of expensive mobile phones incubated by Finland-based peer Nokia, hires Anssi Vanjoki as its non-executive chairman.
Wellcome lands at Airstrip
In February, semiconductor and telecom corporation Qualcomm made an investment in AirStrip through its Qualcomm Life Fund.
A123 Systems battery runs outs
A123 Systems is selling its assets to US-based industrial group Johnson Controls for $125m, which has agreed to provide A123 with $72.5m in debtor in possession financing which would allow the company to keep operating during the bankruptcy proceedings.
Globespan leads $15m Series C for Perfecto
Venture capital firm Globespan Capital Partners has led a $15m C round of mobile hardware and software solution company Perfecto Mobile.