The quarterly Global Corporate Venturing webinar, sponsored by software provider Relevant Equity Systems, provided the opportunity to highlight some of the trends revealed by our database of deals and fundraising between April and June, as well providing an opportunity for corporate venturing executives to air their feelings about some negative comments by one of the… Continue reading Corporates respond to Wilson
Month: June 2013
Big Deal: Intel Capital, Intuit’s ‘shocking’ payments play at Clinkle
The “largest seed round” in Silicon Valley history raised by mobile payments startup, has been met by the usual scepticism reserved for those three quoted words. News provider Business Insider, was representative of press coverage, when it reached for the word “shocking” in its description and name-checked large early stage rounds for much-hyped start-ups like Color… Continue reading Big Deal: Intel Capital, Intuit’s ‘shocking’ payments play at Clinkle
Maveron-backed PeerTransfer achieves B
Education payments service raises $6.4m series B funding.
Aratana unleashes IPO
RaQualia-backed Aratana Therapeutics raises $35m on Nasdaq after slashing valuation by 46% amid market volatility.
Innogy picks Kiwigrid
Kiwigrid, a Germany-based energy technology company which runs an open communication and control platform for intelligent energy management, has raised an undisclosed amount of funding from investors including Innogy Venture Capital, the corporate venturing arm of renewable energy utility RWE Innogy (part of RWE Group), which invests through the Innogy Renewables Technology Fund I (sponsored… Continue reading Innogy picks Kiwigrid
Arris and Gracenote sync with Watchwith
Arris and Gracenote-backed sync-to-broadcast content management platform raises $5m series A funds led by Rogers Venture Partners.
Kickstart, Pollenizer to shake up Philippines start-up market
Globe Telecom’s venturing unit, Kickstart ventures, has created a partnership with Australia incubator Pollenizer to back entrepreneurs in the Philippines, where many solution-based ventures have yet to be explored.
Intel chooses E la Carte
Intel Capital leads $13.5m series B funding for maker of Presto restaurant tablets.
Telstra-backed Kony eyes Asia with $18.3m D round
Telstra Ventures has made a $18.3m strategic investment in US-based aoo platform company, Kony Solutions, which will boost sales and customer numbers for both companies in the Asia Pacific market. Kony funding raised to date is more than $57m.
RedBus just the ticket for Tencent, Naspers-backed Ibibo
Naspers and Tencent-backed Ibibo has acquired India-based RedBus, an online bus ticketing service, in a deal valued in the region of a reported $135m. The deal also marks an exit route for RedBus backers.
Calpian-backed My Mobile Payments looks to raise up to $100m
Calpian, a US electronic payments processing company, is set to see sales figures in its India-based investment, My Mobile Payments, grow substantially if the target company raises an anticipated series B round of between $75m and $100m, which will fuel an ambitious sales and marketing campaign.
Cipla prescribes incubator for future growth
India pharmaceutical sales company, Cipla, is setting up an incubator unit to access the latest market trends across new geographic markets.
Energy companies reach for Skyonic
Strategic investors Cenovus Energy, Toyo-Thai Corporation and Energy Technology Ventures join $128m C round for carbon capture company.
Oplink and Zebra run with GainSpan
Intel spinoff GainSpan raises $19m D round with participation from Zebra Technologies Corporation and Oplink Communications.