Intel has invested in two companies with 3D printing potential – Lithuanian 3D computer model marketplace CGTrader, prize winner of best startup pitch at ICT 2013, and US-based makexyz, which provides localized 3D printing services for consumers.
Month: February 2014
Bottorff joins GE Ventures
Leslie Bottorff joins GE Ventures as managing director focused on healtchare companies.
Corporate revolution amid dreams of lean
Widespread talk of such a corporate revolution, with lean start-up principles given primacy, was perhaps the most noticeable trend at the IBF Corporate Venturing and Innovation Partnering Conference in Newport Beach this week, beyond the obvious that corporate venturing is genuinely hot at present.
Walt Disney invests spirit in accelerator
The Walt Disney Company, a US-based media company, and TechStars, a business accelerator company, have combined to create the Disney Accelerator. The business accelerator will be based in Los Angeles and open to technology start-ups in the media and entertainment space. According to TechStars’ blog, “Disney has an incredible legacy of creativity and innovation that… Continue reading Walt Disney invests spirit in accelerator
Panels and Panelists at ISE
Panel technologies and a corporate venturing panel discussion at Integrated Systems Europe trade-show
Welltok ticks box for IBM and Qualcomm
Digital health company Welltok raises $22.1m series C funding with participation from Qualcomm and an inaugural investment from IBM’s Watson Group.
Anglo American Platinum leads $20m funding for Primus Power
Primus Power, a US-based, grid-scale electrical energy storage company, has raised $20m in the first close of its series C financing led by South Africa-based resource developer Anglo American Platinum, a producer of platinum group metals (PGMs), with a major contribution from its PGM Development Fund, and with the participation of existing investors. Primus has… Continue reading Anglo American Platinum leads $20m funding for Primus Power
It’s all in the bean for Google Blue Bottle deal
Google Ventures has invested in a second round of funding for US specialty coffee chain and brand Blue Bottle in a deal worth $25.75m. The round was led by Morgan Stanley Investment Management with participation from Index Ventures and True Ventures. The funding will be used to expand retail operations, improve internal training programmes and… Continue reading It’s all in the bean for Google Blue Bottle deal
ConocoPhillips, Chevron well up $10m deal
Ziebel, a Norwegian provider of specialist well intervention services for the oil and gas industry, has closed a round of growth capital raising $10m. The funding was secured from lead investor ConocoPhillips Technology Ventures, along with Chevron Technology Ventures, and Energy Technology Ventures. Existing Ziebel investors Energy Ventures, Viking Venture, Jebsen Asset Management, Investinor, and Klaveness Invest also participated in the round.
Project A right on topic with 42matters
Project A Ventures has participated in a reported seven-figure series A round of funding for 42matters, a Switzerland-based, mobile app discovery business.
Sweet homecoming for Second Century-backed Planwise
Second Century Ventures (SCV), a venture capital fund focused on promoting innovation in the real estate sector, and which is fully capitalised by the US National Association of Realtors, has invested in Planwise, a US financial decision technology company.
STC chauffeurs $1.7m deal
STC Ventures, a venture capital fund independently managed by Iris Capital and whose anchor investor is the STC Group, has led a $1.7m investment in UAE-based Careem, a chauffeur-driven online car hiring service. The capital raised will be allocated to enhancing the Careem.com technology platform and expand its car booking service across the Middle East.
PCH opens shop to hardware pop-ups
Through its PCH Accelerator and Highway1 fund, PCH International, has acquired Canadian e-commerce platform, ShopLocket, in a significant strategic move by the company.
Fluidigm to acquire DVS Sciences
Fluidigm Corporation, a US-based maker of microfluidic systems, has agreed to acquire DVS Sciences, a Canada-based maker of bioanalytical solutions, for $207.5m in cash and stock. DVS Sciences has been backed by both Pfizer Venture Investments and Roche Venture Fund, the corporate venturing units of drugs companies Pfizer and Roche, which joined DVS Sciences’ $14.6m… Continue reading Fluidigm to acquire DVS Sciences