Samsung and Intel-backed YuMe has filed plans to raise $65m in an IPO.
Month: July 2013
Citic Capital Venture Partners fund closes
Citic Capital Venture Partners (CCVP), the fund sponsored by the venture business of Citic Capital (co-owned by China Investment Corporation, China’s sovereign wealth fund, and Chinese conglomerate Citic Group), has closed its latest fund at $113m, short of its original $150m target. Subsequent to the first closing, further investors to join as limited partners include… Continue reading Citic Capital Venture Partners fund closes
Mylan adds to Zyomyx
Pharmaceutical company Mylan leads $12m series 2 preferred financing for diagnostics company.
Samsung makes the Engrade
Samsung Venture Investment Corporation joins $5m B funding for education platform.
AG&P assembles C funding
Anscor leads $53m series C equity financing round for Philippines-based modular fabricator Atlantic, Gulf and Pacific.
Pearson Catalyst matriculates six startups
Education publisher Pearson announces six startup businesses to pilot its accelerator programme.
ABB sets up Nupharo Park incubator
ABB Technology Ventures invests alongside EU in Czech Republic-located incubator for direct current and other energy technologies.
IDG pumps funds into WeHeartIt
IDG Ventures participates in $8m series A funding for image-based social network site.
NumberFour counts in T-Venture
NumberFour, a Germany-based provider of a small business platform and apps, has raised $38 million in series A financing led by Mike Volpi from venture capital firm Index Ventures and including contributions from T-Venture (the venture capital company of Deutsche Telekom), merchant bank Allen & Co, IT entrepreneur Andreas Bechtolsheim, AME Cloud Ventures (Jerry Yang’s… Continue reading NumberFour counts in T-Venture
SanDisc flashes cash for Panzura
SanDisc Ventures, the corporate venturing arm of flash memory storage company SanDisc, has announced that it participated as one of the investors in Panzura, US-based provider of cloud storage services, which in June raised $25m in its series D round from a consortium including Chevron Technology Ventures (CTV), the corporate venturing unit of the eponymous… Continue reading SanDisc flashes cash for Panzura
GE Ventures veers to Veracyte
Molecular diagnostics company Veracyte raises $28m C funding with GE Ventures as a new investor.
Johnson & Johnson seeds Rodin Therapeutics
Johnson & Johnson Development Corporation and Atlas Venture back biotechnology, neuroscience startup.
Vivant to drive digital deals for $80m MH Carnegie fund
Australia-based Vivant Ventures, the digital technologies incubator unit of Vivant, has formed a partnership with Australia investment firm MH Carnegie, which will be a welcome venture for companies hatching out of the Vivant incubator looking for follow-on funding.
Alibaba-backed TaoTaoSou fashion fit in series B round
TaoTaoSou, a Chinese fashion e-commerce comparison site, has raised an undisclosed amount of series B funding from DT Capital, a China early stage private equity firm, and existing investors, CDH Investments, an international alternative asset fund manager focused on partnering with China management teams, and Alibaba. Prior to this round, the 2010 start-up had raised $20m, according… Continue reading Alibaba-backed TaoTaoSou fashion fit in series B round