The company lists its supporters as UK-based accountancy firm KPMG, Canada-based marketing company MarketingWise, brand and design company Trajectory and law firm Bennett Jones.
Month: November 2012
Goldman streams $100m Spotify round
Goldman Sachs has invested in the $100m Series E round for Sweden-based social music service Spotify
Optus backs Melbourne University spin-outs
Optus, a subsidiary of SingTel, backs spin-outs from University of Melbourne.
Time Warner invests $40m in Maker
Time Warner Investments backs online US-based video production company Maker Studios with an investment of $40m.
2012 Powerlist: Carole Nuechterlein, Roche
Carole Nuechterlein has headed the Roche Venture Fund since 2001, but even after a decade at the top of the Switzerland-based drugs company’s corporate venturing unit, she said her challenges remain “exits and finding the diamonds in the rough”. Prior to her current position managing Roche’s SFr500m ($530m) venture fund and its 30 portfolio companies… Continue reading 2012 Powerlist: Carole Nuechterlein, Roche
2012 Powerlist: Bruce Beckloff, Arm
Beckloff, an 11-year veteran of UK-based microprocessor company Arm Holdings, moved the company into corporate venturing in 2008 but has since become part-time while seconded to the UK government’s UK Trade & Investment unit responsible for venture capital. Beckloff said: “In 2008 I came into the corporate business development group. This was generally run by… Continue reading 2012 Powerlist: Bruce Beckloff, Arm
Qualcomm invests in ClearCare
Qualcomm Ventures has taken part in a $4.6m Series A for Silicon Valley-based home health-care software provider ClearCare.
EIF commits $26m to Aster fund
The European Investment Fund (EIF) has committed €20m ($26m) to France-based Aster II, a €105m venture capital fund managed by Aster Capital. Aster II, launched in 2010, is sponsored by three major industrial corporates: engineering company Schneider Electric, energy solutions and transport company Alstom and Solvay, a Belgian chemical company. Aster II had aimed to close its funding on… Continue reading EIF commits $26m to Aster fund
Cleveland partners with i360
Academic medical centre Cleveland Clinic has entered into a strategic partnership with UK-based i360medical. Cleveland’s financial investment in i360 is Cleveland’s first outside the US.
YY begins NASDAQ IPO
Chinese social media firm YY begins IPO on the NASDAQ Stock Exchange. The share prices rose 7.7% after the first day of trading.
O’Reilly AlphaTech raises $85m fund
O’Reilly AlphaTech Ventures, which is corporate venturing-backed by O’Reilly Media, secures $85m fund for future investments.
Genting commits $112m to TauRx
Malaysia-based Genting Management has committed $112m, in return for a 20% stake, in biotech company TauRx.
2012 Powerlist: Dominique Megret, Swisscom
Corporate Venturing Network Group leader hails from Alps vista.
2012 Powerlist: Woi Hong Choi, Samsung
On track for global dominance.