The real estate crowdfunding site, backed by Microsoft Accelerator at seed stage, has now raised more than $10m in equity.
Month: March 2014
scPharmaceuticals closes series A with $16m
Lundbeck’s corporate venturing unit has co-led company’s series A round, and the funds will be used to develop the pipeline for its two lead treatment options.
RuiYi looks to China after $15m round
Merck Serono and GlaxoSmithKline have both invested in a $15m round for the biopharmaceutical company, which is focusing its treatments on the Chinese market.
LiveSafe secures $6.5m in series A round
LiveSafe, which has created a personal safety smartphone app, has raised $6.5m, with media company IAC the biggest investor.
Intel hunts returns from cellular network developer Sigfox
Sigfox, which is building a cellular network for connected devices, has secured $20.7m in a round featuring Intel.
Concord Energy flies in to lead $100m series D for Cool Planet
Green fuel and biochar producer Cool Planet Energy Systems has completed a $100m series D that featured petroleum company Concord, Google Ventures, BP, Exelon and Energy Technology Ventures.
Intel eyes promise in OrCam’s vision
Intel’s corporate venturing unit has invested a reported $15m in OrCam Technologies, which is developing special eyeglasses to help the blind.
Cisco leads $14m series C for Embrane
Embrane, a provider of app-centric network services, has now raised $41m in total, after Cisco and Sumitomo subsidiary Presidio Ventures both invested in its series C.
Airtel corporate venturing unit remains grounded
Indian telecommunications company Bharti Airtel is yet to make an investment through its $33m fund, six years after it launched.
AGTC sees $50m in proceeds from IPO
The biopharmaceutical company, which has investors including the corporate venturing subsidiaries of GlaxoSmithKline and MedImmune, has secured $50m from its initial public offering.
Weekly corporate venturing deal net
– Germany-based media company ProSiebenSat.1 has acquired a minority stake in US-based online media provider Collective Digital Studio (CDS) through a “significant investment”. CDS has not revealed any previous funding. The deal followed in the wake of The Walt Disney Company’s $500m acquisition of another digital media provider, Maker Studios, earlier in the week, though… Continue reading Weekly corporate venturing deal net
BBVA incorporates corporate venturing into new digital unit
The Spanish banking group has created a new digital banking unit, which will oversee its venture capital investments.
Avazu Procures $48M in Gaorong-led series A
Avazu, a China-based digital advertising platform, has raised $48m in a series A round featuring several undisclosed corporate investors.
NRG emerges as likely investor in $31.5m OneRoof round
Hanwha-backed solar rooftop installer OneRoof has raised $31.5m in funding and a regulatory filing indicates NRG’s solar subsidiary is the probable investor, signalling its entry into the rooftop solar sector.