Augmented reality apps platform technology developer raises $3.2m while talking to corporates.
Month: May 2013
Salesforce-backed Box snaps up Crocodoc
Cloud content storage manager buys consumer technology start-up for undisclosed sum.
Air Liquide lifts up Plug Power
French industrial gases company Air Liquide make strategic $6.5m investment in its partner, Nasdaq-quoted hydrogen fuel cell maker Plug Power.
AesRx banks $1.36m
AesRx, a US-based biopharmaceutical company backed by MedImmune Ventures (wholly-owned corporate venturing fund within the AstraZeneca Group, founded in 2002 for investing in emerging healthcare), has raised $1.36m convertible debt out of a $1.53m offering, according to a 9 May regulatory filing. AesRX is also backed by Fidelity Biosciences, a venture capital division of mututal… Continue reading AesRx banks $1.36m
Tigo Energy brightened by $13.1m
Inventec-backed solar energy optimizer has new Chairman Zvi Alon and $13.1m funding led by Alon Ventures.
Wayra UnLtd calls for answers to UK social problems
Wayra UnLtd, the joint venture between Telefónica’s technology incubator unit Wayra UK and the UK charitable organization UnLtd (provider of support to social entrepreneurs in the UK), announced on 9 May 2013 that it was open to submissions from UK early stage digital social ventures. Applications are being taken until mid-June; shortlisted candidates will be… Continue reading Wayra UnLtd calls for answers to UK social problems
Battisti warns corporates cannot save European VC
Marcos Battisti, one of the keynote speakers at our London Symposium this week, cautions that the growth in corporate venturing units in Europe, is unlikely to create a more successful European ecosystem.
Big Deal: Google Ventures’ M&A help
Google Ventures’ fifth arrow in its quiver – helping its portfolio companies and their mergers and acqusitions strategy.
Power brokers connect
Sometimes it feels as if I have the greatest job in the world, and this week is definitely one of those times. We’ve more than 250 corporate venturing Power Brokers registered for our third annual Symposium this week with aggregate corporate revenues of more than $3.5 trillion ($3687.7bn) and about $100bn in venturing assets. These are quite… Continue reading Power brokers connect
BBVA takes Radius of small business world
Spanish banking group BBVA invests undisclosed amount in Radius, US-based provider of small business data intelligence.
Callidus lures two strategic investors
Walter Greenblatt & Associates (member FINRA, SIPC), a life-science focused investment bank, served as the financial adviser to Callidus Biopharma in both transactions.
Google, IDG gain currency with OpenCoin deal
The amount of the investment was undisclosed.
Devonshire rises up with Cloudant
The series B round has also seen Cloudant’s existing investors In-Q-Tel, Avalon Ventures and Samsung Venture Investment Corporation increase their shares in the company.
RelayRides takes Wheelz for a spin
Prior to the deal, Wheelz had raised nearly $16m from VC firms Felicis Ventures, Social + Capital Partnership and Fontinalis Partners and Zipcar, a car rental service acquired by peer Avis.