India-based One97’s mobility fund has invested in mobile payment solutions provider MobiSwipe Technologies.
Month: January 2013
NCR acquires uGenius
NCR Corporation acquires US-based uGenius Technology, a US-based provider of video banking software, to help add future enhancements to its APTRA Interactive Teller solution.
BuzzFeed raises $19.3m
US-based website Buzzfeed, which tracks the most shared content on the web, raises $19.3m in its series D round.
Fancy smartens up with $6m
US-based the Fancy, a curation start-up backed by PPR, General Catalyst Partners and Allen & Company, raises $6m in equity funding,
Fidelity optimises Kyruus
US-based data start-up for hospitals and health systems Kyruus raises $11m in a series B round led by Lux Capital, which was joined by Fidelity Biosciences, Venrock and Highland Capital Partners.
Gree shops for Berrybenka
Indonesia-based e-commerce site Berrybenka.com raises an undisclosed amount in series A financing from the corporate venturing fund of social gaming company Gree.
Independa raises $5m
US-based Independa has raised $5m in series A funding from existing investor City Hill Ventures, strategic partner LG Electronics USA and additional investors.
China Auto Rental adds $200m
David Li, managing director of Warburg Pincus, credited Legend Capital, the investment arm of Legend Holdings, for identifying the potential of China’s car rental industry and supporting the build-out of China Auto Rental’s fleet and service network.
Terrabon takes on Rush
Terrabon, a US-based bioenergy company, has appointed Carl Rush to its board to replace Tim Cesarek, who has left its investor, Waste Management.
Daimler pools $10m in ride-share
Germany-based car maker Daimler has invested $10m in a series C round for Carpooling.com, the largest ride-sharing service provider in Europe and which now plans to expand into North America. The main shareholders in Carpooling, formerly known as Mikini Media, will continue to be the company’s three founders (Michael Reinicke, Matthias Siedler and Stefan Weber), as well… Continue reading Daimler pools $10m in ride-share
Avis parks itself at Zipcar
Avis will pay $12.25 per share for Zipcar, which has made corporate venturing investments in start-ups Wheelz and Catalunya Carsharing, known as Avancar in Spain.
10 potential flotations for 2013
Nine of the 10 possible IPOs this year identified by news provider CNN has corporate venturing backing.
Robin Radar spies funding
Alongside Mainport in the Robin round was Inkef Capital, which invests on behalf of pension funds.
Mainport contacts EC Solution
EC Solution Group raises undisclosed amount.