The CIA’s quasi-corporate venturing unit, In-Q-Tel, has participated in a $65m Series E round for software firm Cloudera.
Month: December 2012
Zalando raises $53.1m
German-based Online fashon e-commerce Zalando has raised €40.7m ($53.1m) in a debt-financing deal with banking and financial services company Commerzbank, Sparkasse Mittelthüringen and German government-owned development bank KfW Bankengruppe. Zalando is backed by Tengelmann’s corporate venturing unit and other corporate-linked groups. In February, Zalando raised an undisclosed amount selling a 4% stake to DST Global, the… Continue reading Zalando raises $53.1m
FundersClub invests in Virool
Intel Capital-backed Fundersclub, which helps individuals back start-ups, invests $510,000 into social video advertising startup Virool.
Smith joins Metamarkets
Adam Smith, formerly at AOL Ventures, has joined Metamarkets, an event-based data company backed by US-based internet company AOL’s corporate venturing unit, as vice president of product.
EVCA creates expert group
The European Private Equity and Venture Capital Association (EVCA), the European trade body, has set up an expert group and annual summit dedicated to corporate venturing. EVCA’s Corporate Venture Capital Summit will be held on 7 February 2013 in Brussels, while EVCA’s Corporate Venture Roundtable, a pan-European committee for corporates is chaired by Markus Thill,… Continue reading EVCA creates expert group
Google vs Intel: in 2012 reviews
The pair of corporate venturing units outlined a 2012 that sees them converging in annual investment pace, although the long-established Intel Capital, which has invested more than $10bn in its history is understandably more active in realisation activity than Google Ventures, which was set up in 2009.
Life.Sreda invests in Square-like startup Life-Pay
The deal comes after Russia-based financial group Life established its corporate venturing in September of this year with an initial capital of $10m.
Softline heats up Videobaker
Softline Venture Partners, the corporate venturing unit of the Softline Group, launches e-commerce focused spin-off, Videobaker.
Russian headhunter sets up fund
Ward Howell sets up its Talent Equity Venture Fund to invest in start-ups valued at up to $5m, working on geographically scalable professional training and HR projects.
Dupont digests Verdezyne enzyme technology
US-based chemical maker Dupont has bought the right to BP Alternative Energy Ventures and DSM Venturing-backed Verdezyne’s enzyme technology for an undisclosed amount.
One97 acquires MobiVite
SAP Ventures and Intel Capital-backed mobile internet company One97 acquires MobiVite, a self-service mobile marketing platform, for an undisclosed amount.
Concur accommodates Nor1
Concur makes its latest investment via its recently formed $150m Concur Perfect Trip Fund by leading a $9m B round into US-based data-driven pricing and merchandising Nor1.
SR One, Oxbridge Biotech launch $163k prize
SR One and Oxbridge Biotech Roundtable has launched OneStart, a $163,000 prize for medical technology entrepreneurs.
RusnanoMedInvest leads Regado E round
US-based biopharmaceutical company Regado Biosciences secures $51m in Series E funding from investors including RusnanoMedInvest and Baxter Ventures, a corporate venturing unit of Baxter Healthcare.