Goods delivery service Deliv has raised $4.5m in the second tranche of a series A round, and has now reached $12.5m in equity from traditional, institutional and strategic investors.
Month: April 2014
Reed Elsevier still digs GigaOm data
Reed Elsevier Ventures has taken part in an $8m series F funding round for technology data firm, GigaOm, which has now raised over $22m, and which intends to use the funds to continue to grow the editorial side of its business.
SoFi enrols in $80m series C
The peer-to-peer lender has now raised $170m in equity funding from backers including Chinese internet company Renren.
University corner: Game on
Will it ever be game over for the meteoric rise of the computer
games industry?
Feature: Consumer groups dance to Asian tune
Much eye-catching activity in the consumer sector is coming
from Asian markets, both in terms of the level of corporate
venturing investment by native groups and the investment in
high-growth winners in those markets.
Alibaba grabs Lyft stake as it invests in $250m VC round
Ride sharing app operator Lyft has raised $250m in its latest venture capital round, while Alibaba makes yet another large investment.
Editorial: Corporate venturing – M&A lite?
The whopping $740m investment by US-based chipmaker Intel in big data company Cloudera, announced as we were going to press, triggered a lively discussion on our LinkedIn group. Contributors voiced expectations that this kind of deal was a form of merger and acquisition lite. One commentator, Nick White, of patent broker Tangible IP, said it… Continue reading Editorial: Corporate venturing – M&A lite?
GE is mind over matter in $10m Ornim Medical round
GE Healthcare, a unit of General Electric Company, has participated in a $10m round of funding for Ornim Medical, which brings Ornim’s funding to a reported $20-30m.
Fosun mingles with Kmsocial
The technology venture trade press has reported that tens of millions of dollars have been secured in a series B round of funding for China social media marketing firm Kmsocial that was led by Fosun Group’s corporate venturing unit, Fosun Venture Capital Investment. Series A investor Fidelity Growth Partners Asia also took part. Funding will… Continue reading Fosun mingles with Kmsocial
CircleUp rounds up $14m in series B
Equity-based crowdfunding website CircleUp has raised $14m in a series B round featuring Google Ventures.
Intel Capital stretches to reinvest in ElasticBox
Modular app development company ElasticBox has raised $9m in the second consecutive round backed by Intel Capital.
IDG reads promise in restaurant review app Ricebook
Ricebook, creator of an app that allows Chinese users to photograph and rate their food, has raised $7m in a series B round funded by IDG Capital Partners and Ceyaun Ventures.
Bima to cover expansion with $22m funding
The Swedish company, which links insurers with customers in emerging markets through mobile devices, has raised $22m in a round supported by Millicom.
Mitsui and Edison find new SCIenergy
The corporates have joined the energy efficiency company’s backers as it secures $12m in equity after coming out of a stealth period.