UK-based social business Big Issue has launched a corporate social venturing programme called Big Issue Invest in partnership with financial services firm Barclays, through which social enterprises committed to helping society can now apply for investment capital and business mentoring The initiative will have investment and support from information services group Experian, First Ark, Fusion21,… Continue reading Barclays joins Big Issue to launch £500,000 social enterprise fund
Month: April 2014
Corporates chip in as Ineda secures $17m in funding
The corporate venturing units of Qualcomm and Samsung both participated in a round that lifted Ineda’s total funding to $26m.
Susquehanna Growth Equity appoints Jeffrey Moss as director
The latest director of SGE joins after serving in both educational assessment and private equity.
Reflexion radiates promise for Pfizer
The US-based medical device company has raised $11.6m in its series A round, with investors including Pfizer.
Neurovance attends to $6.3m investment
The developer of ADHD treatments has now completed a $13.3m series A round supported by Novartis’ corporate venturing fund.
Corporates kick in for Startupbootcamp Berlin accelerator
European accelerator programme Startupbootcamp has secured support from corporates including Nokia, Bosch, Cisco and Castrol for its Berlin accelerator, which will connect with San Francisco.
Ioxus finds capacity for $21m series C
The ultracapacitor developer, which has prior received funding from corporate-backed units Energy Technology Ventures and Aster Capital, has raised $21m in its latest round.
Five9 counts the proceeds as its IPO raises $70m
The SAP-backed company, which is developing software to target the call centre market, has secured $70m in an initial public offering that could rise to $80.5m.
Alios BioPharma breathes easy with $41m series B
The biotechnology company, which is developing treatments for respiratory diseases, has completed a $41m round in which Novo, GlaxoSmithKline, Novartis and Roche all participated as returning investors.
Weibo sets range for IPO, Alibaba to boost stake to 32%
E-commerce company Alibaba plans to increase its share in microblogging platform Sina Weibo in its initial public offering, which could generate up to $437m.
Capital One to get back in the saddle with new corporate venturing unit
The financial services firm, which cut ties with venture capital affiliate North Hill in 2012, plans to establish a corporate venturing subsidiary that will target fintech startups.
Truecar to park in public markets
Truecar, an online provider of automotive pricing information that counts USAA and Capital One among its key shareholders, has targeted $125m in its initial public offering.
Beacons bring in funding
Sensorberg, a company that uses the cloud to allow apps to interact with iBeacons over Bluetooth, has raised €750,000 ($1m) in a funding round led by Berlin Technologie Holding. The technology produced by Sensorberg allows companies to configure proximity notifications to appear on potential customer’s iPhones when they are near an iBeacon device. The funding… Continue reading Beacons bring in funding
Whiteout gains funding
Whiteout Networks, a Germany-based company that provides end-to-end encryption of emails, has raised an undisclosed amount in seed funding. The seed round saw investment from High-Tech Gründerfonds and Bayernkapital. Oliver Gajek, co-founder and chief executive of Whiteout Networks, said: “People send hundreds of billions of email messages per day, with strongly increasing usage of cloud services… Continue reading Whiteout gains funding