Johnson & Johnson and Takeda Pharmaceuticals win bid to establish biotech incubator in Israel.
Month: August 2013
Google and AOL rumble in the Vungle
Mobile video advertising platform raised $6.5m series A funding led by Crosslink Capital and including participation of Google Venture and AOL Ventures.
CareCloud closes series B round
Adams Street Partners joins Intel Capital and others in $29m funding for provider of healthcare practice management technology.
Corporate venturing peps up health sector
Silicon Valley Bank said it believed it is unlikely that corporate venture could fill the gap left by weak fundraising by independent financial healthcare venture firms. Its analysis found during the last three years investment in the sector had been 2.3 times the amount raised in fundraising.
Big Deal: Samsung’s Novaled buy in HD
This week’s Big Deal looks at what Samsung stands to gain from the acquisition of Technical University Dresden’s spin-out Novaled and its OLED patents.
Wayra UnLtd selects 10 digital social startups
Wayra UnLtd, a London-based startup accelerator which is dedicated to supporting digital social ventures, and which is jointly funded by Spain-based telecommunications company Telefónica and the UK Government’s Social Incubator Fund, has selected ten entrants to join the inaugural programme in September. Each startup will receive on average £40,000 seed funding. The mentoring programme will… Continue reading Wayra UnLtd selects 10 digital social startups
Samsung seals Novaled deal
Samsung and its display manufacturer subsidiary Cheil Industries acquire OLED manufacturer Novaled.
Povlsen steps into Zalando
Anders Holch Povlsen, owner of Denmark-based fashion group Bestseller and 28% owner of Zalando’s UK rival ASOS, has acquired a 10% stake in Germany-based e-commerce fashion site Zalando, a portfolio company of the Samwer brothers’ Rocket Internet incubator. Povlsen has purchased shares from early-stage stakeholders including the Samwer brothers’ European Founders Found (EFF), Holtzbrinck Ventures,… Continue reading Povlsen steps into Zalando
Pangaea gravitates to Masterson Industries
Advanced materials maker Masterson Industries raises undisclosed amount of investment from Pangaea Ventures and Cottonwood technology Fund.
Time Warner and Google get behind Bustle
The Social+Capital Partnership and Time Warner Investments lead $6.5m fundraising for Bustle.com, an online news and lifestyle publication aimed at women.
Total’s Jean-Michel Gires joins Chrysalix
After more than 20 years working at Total Group, most recently for three years as president and chief executive officer (CEO) of Total E&P Canada, Jean-Michel Gires has joined cleantech venture capital firm Chrysalix Energy Venture Capital (EVC) as a venture partner based out of its Calgary office. Chrysalix is widely backed by corporates, including… Continue reading Total’s Jean-Michel Gires joins Chrysalix
Tata Elxsi incubator closes first deal
Tata Elxsi, an India-based design services firm that is part of the Tata group, has recently set up a business incubator to generate new avenues of growth, has made its first investment, the company has reported.
Intel Capital keen on data with $8m NxtGen deal
Intel Capital, the global investment organisation of Intel, has invested $8m in India-based IT infrastructure services provider NxtGen Datacenter & Cloud Technologies. Intel Capital and other news sources did not make public if the company had raised previous rounds of investment. NxtGen Datacenter & Cloud Technologies sells central IT platforms, providing full spectrum datacenter and… Continue reading Intel Capital keen on data with $8m NxtGen deal
Itochu makes $5m strategic move for Fab
Japanese trading conglomerate Itochu Corporation has become the latest investor in international fashion and lifestyle e-commerce company Fab. The deal follows a prior investment by Itochu Technology Ventures, the corporate venturing unit of Itochu, in the initial $150M Series D kick-off round announced on June 19th.