3M, through its New Ventures Business, has invested in Lixivia, a Chile-based company that 3M has been working with on an engineering process to increase recuperation of copper sulfurate above levels reached through standard industry applications. Terms of the transaction were not disclosed. Stefan Gabriel, president, 3M New Ventures, said: “We believe that Lixivia’s innovative… Continue reading 3M backs Lixivia to recover more copper
Month: February 2014
Madison Reed applies colour of money
Hair colouring products, home delivery company Madison Reed raises $12m series B funding led by Norwest Venture Partners and including Maveron.
Flat World Education to deliver degrees by mobile
Bessemer Venture Partners has led a $9.5m financing, backed by Penguin Random House Holdings and Bertelsmann Digital Media Investments, for Flat World Education to expand its platform in partnership with Brandman University and offer BBA degree courses on mobile devices.
Venture intermediaries’ cycle of success
Five years after the global financial crisis, the world economy is showing signs of bouncing back this year, pulled along by a recovery in high-income economies, according to the World Bank’s Global Economic Prospects report published two weeks ago. The outlook is equally benign as we hit the mid-point of the current cycle. The World Bank added there were at… Continue reading Venture intermediaries’ cycle of success
Data analysis: beyond the Big 3
Global Corporate Venturing has just published its “2013: Full Year Data Analysis” report, covering 1,068 investment deals worth $19.6bn and 98 exits worth $9.8bn. This was a slight increase compared to 2012, in terms of value, when 1,067 investments were recorded, worth a total of $18.6bn. However, the number of exits were fewer compared to… Continue reading Data analysis: beyond the Big 3