Sadara, a Palestine-focused investment firm, invests $1m into Souktel, a mobile tech venture, via a fund backed by Google and Cisco.
Month: December 2012
NeoChord receives $850,000
Medical device company NeoChord, backed by the corporate venturing unit of Indiana University Health, Indiana’s largest healthcare system, receives $850,000, of a possible $7m, in series B equity financing.
Mailman launches seed fund
China-based online media company Mailman Group has launched its own startup fund to help help Asian startups expand their business throughout the region.
Bluestem withdraws $150m IPO
E-commerce company Bluestem has withdrawn a $150m IPO, originally filed in 2011.
Bright shoots $3.5m to Fotoshkola
Bright Capital Digital invests $3.5m in Russian based Fotoshkola.net, an online training resource for amateur photographers.
SolarCity raises $92m IPO
Google-backed SolarCity, a US-based provider of solar energy services, has raised $92m in its IPO, missing an initial $151m target.
Qualcomm Life Fund seals eighth deal
Qualcomm Life Fund [QLF], a healthcare fund run by US-based semiconductor company Qualcomm’s corporate venturing unit, has sealed its eighth deal. Qualcomm Life Fund, managed by Qualcomm Ventures, has backed GoBalto, a US-based clinical study startup, as part of a $12m round. The series B round was led by EDBI, the investment unit of Singapore’s… Continue reading Qualcomm Life Fund seals eighth deal
23AndMe updates D round
US-based 23AndMe, a genetics company backed by the corporate venturing division of search company Google, has raised a revised $58m in a series D round.
Nanostring nets $275k
US-based life sciences technology company NanoString Technologies, backed by US-based conglomerate GE’s Healthymagination operations has raised $275,000 through an offering of rights and securities.
General Fusion secures $1.6m
Canada-based nuclear technology company General Fusion, backed by Cenovus Energy, a Canada-based oil producer, raises $1.6m towards a $4.6m equity round.
OneRoof houses $2.5m
US-based OneRoof Energy, backed by Hanwha International, raises $2.5m in equity, in convertible promissory notes and warrants.
Intalio raises $8.8m
US-based provider of cloud applications Intalio, backed by agricultural services conglomerate Cargill, raises $8.8m of a possible $21.2m round of equity and securities.
Glori withdraws $115m IPO
The US-based oil recovery company backed by corporate venturing unit Energy Technology Ventures and venture firm Kleiner Perkins Caufield & Byers, has withdrawn a $115m IPO filled in October 2011.
Naviscan raises $1m
US-based Naviscan has raised $1m toward a $3m equity round