Through its philanthropic Google.org, corporate venturing unit Google Ventures and business development group, the company had previously invested $15m in Makani as well as other businesses, such as Potter Drilling.
Month: June 2013
Cisco returns to Atlantis
Founded in 2006, Atlantis raised $10m in August 2010 and a further $5m from angels.
Cardeas Pharma raises $34m
Cardeas Pharma, a US-based drugs maker developing antibiotics, has raised $34m in its series B round from a consortium including Denmark-based peer Novo. Venture capital firms HIG BioVentures, which led the B roundAvalon Ventures, Delphi Ventures and Devon Park Bioventures and Washington Research Foundation’s WRF Capital joined HIG in the consortium. In June last year,… Continue reading Cardeas Pharma raises $34m
Airware drones on with $10.7m
Airware is a graduate of both Lemnos Labs and Y Combinator incubators.
InSilico Genomics gathers $1.5m
InSilico Genomics offers academics and industry the ability to compare their data on parts of the human genome with public datasets.
Elan finds home for AOP Orphan
Elan is buying AOP Orphan Pharmaceuticals, which has a minority stake in Shield Therapeutics, a Switzerland-based specialty pharmaceutical company.
Adelphic Mobile hires Collins
Adelphic Mobile, a US-based mobile advertising start-up backed by the eponymous corporate venturing division of search engine company Google, has hired Michael Collins (pictured) to be chief executive. Collins previously held the same role at WPP’s mobile marketing agency, Joule. Changfeng Wang, Adelphic’s co-founder, will be moving from CEO to chief technology officer with his… Continue reading Adelphic Mobile hires Collins
Agnion exits to EnTrade
The deal is WM’s first corporate venturing exit and Joe Vaillancourt, vice-president of WM’s organic growth group venture investing, by email said: “We actually have four exits underway. It has been a pretty busy year.”
Mercator travels to $6.5m
Venture capital firms Volcano Capital, Crocker Capital and Aphelion Capital co-led the deal, and were joined by peer Windy City.
Investors stream to Roku
In July last year, US-listed media company News Corporation, which holds a controlling stake in BSkyB, and its UK-listed satellite subsidiary jointly invested $45m in Roku.
TubeMogul dials up SingTel
Digital Advertising Consortium (DAC), a Japan-based media organisation, also participated in this round alongside SingTel.
Swisscom starts up local fund
Switzerland-based telecoms group Swisscom’s corporate venturing unit has committed SFr10m ($10m) to its Early Stage Fund to invest in clean-tech, media and information and communication technology (ICT) start-ups in the country. Until 15 July Swisscom Ventures, which runs an evergreen corporate venturing fund to invest in Europe and US, is looking for applicants through its… Continue reading Swisscom starts up local fund
Epizyme raises $77m in flotation
Epizyme sold 5.1 million shares at $15 each compared to plans to offer 4.285 million shares at between $13 and $15 each.
TrackMaven markets its $1.25m
The other investors beyond AOL included venture capital firms Cloud Capital Partners and Acceleprise Ventures and angel investors