Mark Muth spoke to Global Corporate Venturing about the corporate venture capital space and PricewaterhouseCoopers’ plans to include CVC advisement more fully in its services.
Month: May 2014
MedCPU computes $9.3m in Merck-funded round
A Merck investment subsidiary was among the backers for the $9.3m round, which follows a $300,000 equity investment in 2009.
XCOR blasts off for $14m series B
Space Expedition Corporation led the first close of the fledgling aerospace technology developer’s series B round, raised after a $5m round in 2012.
Weekly corporate venturing deal net: 26-30 May 2014
Times Internet, the internet subsidiary of media corporation Times Group, has purchased a majority stake in India-based coupon marketplace CouponDunia for an undisclosed amount. Times will merge its existing deals website TimesDeal with CouponDunia. US-based big data analytics software developer DemystData has closed a $5m series A round funded by SingTel Innov8, the corporate venturing… Continue reading Weekly corporate venturing deal net: 26-30 May 2014
Telstra answers Matrixx’s series C call
The telecom company’s corporate venture capital arm joined existing backers including Swisscom and Innovacom to invest in the round.
App Annie sings for $17m
The mobile analytics provider has secured reinvestment from IDG Capital Partners and used part of the funding to acquire startup Distimo.
HTGF profits as it exits two portfolio companies
The corporate-backed fund has profitably divested stakes in transmission electron microscopy company Kontem and LED lighting product maker LEDexchange.
Google hires Wael Ghonim as entrepreneur-in-residence
Ghonim, a public figurehead for the 2011 Egyptian Revolution, will become one of Google’s three latest entrepreneurs-in-residence.
No rebate for 51Fanli as it raises $20m
The company’s series B round was funded by SIG China, and it has now secured $30m in funding.
Verizon signals closing of Newlans’ $20m series B
Verizon joined Intel and Lockheed Martin in Newlans’ series B round, which brings its overall equity funding to about $27m.
Fundrise houses $31m series A
China-based internet platform Renren led a group of investors in the round, which will fund the geographic expansion of Fundrise’s crowdfunding network.
Lilly blooms for $80m life sciences fund
Eli Lilly has invested in a $79.5m life sciences and health technology fund raised by venture capital firm Epidarex, which plans to target UK companies.
BGF floats to Skyscape in $6.7m round
The cloud services company will use the investment to enhance its product offering, which is directed towards the UK’s central government.
Ulmart invests $6.5m in Dream Industries
The e-commerce company provided the funding to Dream Industries to help the startup develop digital content platforms.