GetNinjas, a Brazilian local services marketplace start-up, closes $3m series A round backed by new investor Otto Capital.
Month: May 2013
Comcast turns spotlight on Fullscreen
Comcast’s venture capital arm leads $30m round in Fullscreen.
In-Q-Tel backs Redlen Technologies
In-Q-Tel, the corporate venturing style unit of the Central Intelligence Agency (CIA), backs Redlen Technologies with undisclosed sum.
Ultrasound firm backed again
French ultrasound company SuperSonic Imagine raises new VC funding.
Shell to invest hundreds of millions in innovations
Oil giant Shell promises to pump several hundred million dollars into emerging technology companies.
Luxury meets the bush in LVMH deal
L Capital Asia, the corporate venturing fund representing French luxury consumer brands conglomerate LVMH, has bought a 49.9% stake in 81-year-old Australian bushwear firm RM Williams. The deal was valued at around A$52m ($53.2m), according to a source. Ken Cowley, chairman and owner of RM Williams, which is known for its elastic-sided boots, will retain… Continue reading Luxury meets the bush in LVMH deal
Juniper-backed Cyan raises $88m
Juniper Networks-backed software support company Cyan floats in New York valuing the company at about $490m.
Victory Park Capital puts $75m into Kabbage
Victory Park Capital leads lenders giving a $75m credit facility to Kabbage, a start-up online provider of small business financing.
Mercedes, Bosch, HDI form tech accelerator
Car maker Mercedes-Benz, industrial group Bosch and insurance company HDI join forces to create a new accelerator.
IDG, Redpoint secure Bangcle deal
IDG Ventures is joining other corporate venturing units with an investment remit in Asia to secure high-growth investment opportunities in the mobile and internet application software sector. However, IDG’s latest re-investment in China-based mobile app security service provider, Bangcle, is onto something bigger: safeguarding application developers and their customers.
Tata’s $600m fund beckons LP co-investments
Tata Capital, the private equity investment unit of India conglomerate Tata, is opening its recently closed $600m fund to LP co-investments.
Summit to motor Segway’s future
Summit Strategic Investments, a $120m private equity fund controlled by China-based automotive parts manufacturer Wanxiang Group, has acquired Segway, a Bedford, New Hampshire-based provider of personal electric transportation, for an undisclosed sum. The company’s network currently includes more than 250 distributors, dealers and experience centers in 80 countries. The deal marks the company’s second take-over… Continue reading Summit to motor Segway’s future
PTG treated to series A
Kennington joins EIC Ventures in $5m series A round for wastewater technology business.
QD Vision spots $20m
QD Vision, a US-based manufacturer of optical components for visual displays backed by DTE Energy Ventures, the corporate venturing arm of local utility DTE Energy, has raised $20m in its series E round. DTE Energy Ventures joined the round, as did other existing investors, venture capital firms North Bridge Venture Partners, Highland Capital Partners, Passport… Continue reading QD Vision spots $20m