Germany-based retail group Tengelmann’s corporate venturing unit has made its third online fashion investment incubated at Rocket Internet in as many months by backing Singapore-based Zalora. Zalora said it had raised €20m ($25m), while Tengelmann has previously invested in Lazada and Linio. Founded last year, Zalora in September raised “significant double digit millions” of dollars… Continue reading Zalora fashions its $25m
Month: March 2013
Airbus creates CIO
Airbus, a France-based aircraft maker, has hired Yann Barbaux (pictured) to a new role of chief innovation officer (CIO). Barbaux will start at the beginning of May at Airbus after he founded and ran the wider group’s corporate research organization, EADS Innovation Works, at the company in 2006. As CIO, he will report directly to… Continue reading Airbus creates CIO
WhaleShark changes to RetailMeNot
Separately, the company is buying Netherlands-based peer Actiepangina.nl.
EyeTechCare sounds out $13m
EyeTechCare, a France-based company developing medical devices for eyes, has raised €10m ($13m) in its series C round from a consortium including local insurer Sham. The other investors included venture capital firm Omnes Capital, which was formerly known Credit Agricole Private Equity (Cape) until it spun off from the eponymous bank, and angel investor Bernard… Continue reading EyeTechCare sounds out $13m
BriefCam views its $6.5m
Motorola Solutions Venture Capital, the corporate venturing unit of the eponymous phone equipment maker, has led a $6.5m round in BriefCam, an Israel-based developer of software to analyse surveillance video, according to news provider Globes. Founded in December 2007, in March 2009 BriefCam raised $2.6m in its series A round led by Aviv Venture Capital… Continue reading BriefCam views its $6.5m
Flexible Stenting Solutions exits to J&J
In May 2011, FSS raised an undisclosed amount in its series B round from Goodman, a Japan-based medical device company, after the two agreed to a distribution partnership in Asia the previous year.
Clearbridge BioMedics diagnoses SG$9m
Clearbridge BioMedics uses its CTChips system to detect, isolate, and retrieve tumour cells from blood samples.
Silver Spring bounces into IPO
Company floats 4.75 million shares at $17 each to raise $80.75m.
Marin softly preps flotation
Marin has set its price range at between $11 and $13 for each of the seven million shares it plans to sell, with a further 1.05 million available if the flotation goes well.
Aveillant spots $10m
Aveillant, a UK-based provider of technology to prevent wind turbines affecting airport radar, has raised £6.75m ($10m) from a consortium including Ireland-based utility ESB’s corporate venturing unit. Alongside Greencoat Capital, which manages the €200m ($250m) ESB Novusmodus clean-tech fund, were venture capital firm DFJ Esprit and local advisers Cambridge Consultants. Aveillant spun out from Cambridge… Continue reading Aveillant spots $10m
Mesoblast raises A$170m
Mesoblast, an Australia-listed regenerative medicine company, has raised A$170m ($150m) in a private placement of shares including to its “existing strategic investors”. Under the placement, 27 million ordinary shares, 9.4%, were issued at A$6.30 each, a discount of 2.2% to the closing price of the company’s shares on 1 March. However, Mesoblast’s spokeswoman by email… Continue reading Mesoblast raises A$170m
DeveloperAuction hires investors
Alongside Google Ventures in the A round were venture capital firms New Enterprise Associates, Sierra Ventures, Crosslink Capital, SoftTech VC and Step Partners.
Nimbula finds adroit exit
Cloud provider VMWare also reportedly seeded the company according to news provider ReadWriteWeb.
Bonobos extends leg to $30m
In April last year, US-based retailer Nordstrom led an initial close of the round at $16.4m.