Cisco-backed cloud software developer Parallels has further developed its strategic alliance with Ingram Micro alongside a new equity investment.
Month: April 2014
Inbenta’s search for funding proves successful
Spain-based artificial intelligence search engine Inbenta has raised $2m in a series A round led by Amérigo Chile Early Stage and Growth, a corporate venturing subsidiary of telecommunications company Telefónica. Inbenta aims to create a personalised online search engine experience using features including features including natural language processing products, avatars, virtual assistants and search engines.… Continue reading Inbenta’s search for funding proves successful
Scutum rides into $2.7m series A round
Corporates Repsol and La Caixa are among the investors backing the Spain-based electric scooter maker.
Telefónica dials up latest WayRa startups
Spain-based telecommunications company Telefónica has announced the recent group of tech startups to take part in its UK-based Wayra and Wayra UnLtd accelerator projects, TechWorld has reported. The partnership is 50% funded by the UK government in addition to the social entrepreneur supporter UnLtd and Telefonica’s worldwide tech start-up accelerator programme, Wayra. The second cohort… Continue reading Telefónica dials up latest WayRa startups
M87 picks up $3m in Qualcomm-backed round
The company, which is developing mobile device-to-device technology, has now raised $3.5m from investors including Qualcomm and China-based 21Vianet.
Stead appointed partner at Monsanto Growth Partners
Kiersten Stead has joined agribusiness Monsanto’s corporate venturing unit as a partner.
Kensho to dig a bigger Warren with $10m seed round
Kensho, the developer of an artificial intelligence app for the finance markets, has raised $10m from backers including Google Ventures.
Former Fab.com executive joins board of Indian fashion brand
American Swann has welcomed Maria Molland to its board of directors as it seeks to expand beyond its Indian base.
MoneySupermarket buys OnTrees
The financial planning app producer was bought from media company DMG for an undisclosed amount.
Nora Therapeutics births $18m series B
The fertility drug developer has now secured $20.9m after welcoming Novo to its investor base.
SVB’s Corporate Innovation Day, London
Pitches from tech companies the day after the GCV Symposium
Nvidia looks to Crestlight for corporate venturing assistance
Nvidia, a producer of computer graphics cards, has partnered with Crestlight in order to boost its corporate venturing activities.
Square denies Google acquisition reports
A report that stated that the mobile payments company had spoken to Google, Apple, Ebay and PayPal over a possible acquisition has since been denied by both Square and additional sources.
IDG flies into $23m Yatra round
The online holiday booking service has reportedly now raised about $125m from investors also including Intel Capital.