The corporate venturing units of Mitsubishi UFJ and Mizuho Capital provided an undisclosed amount of funding for the financial software producer as it seeks to expand in Japan.
Month: July 2014
Vidyo captures $20m
Vidyo has received $20m in funding in a round featuring Juniper Networks to take its video conference calling platform further.
The tipping point for corporate venturing
The enthusiasm around corporate venturing at present makes it hard not to reach for US writer Malcolm Gladwell’s famous theory of the “tipping point”.It is clear that corporates have become a key part of the venture capital industry. For example, there are now more than 1,000 active corporate venturing units, and their investments are picking… Continue reading The tipping point for corporate venturing
EU mulls ‘significant’ change to competition rules
The European Commission began consulting on a paper last week which industry participants warned could have ‘a significant’ impact on corporate venturing in Europe. The white paper titled “Towards more effective merger control” is currently in a period of consultation until October 3. It proposes that the Commission is notified about acquisitions of stakes in… Continue reading EU mulls ‘significant’ change to competition rules
Rewalk moves to $58m IPO
The Yaskawa-backed motorised prosthesis maker intends to invest the proceeds on expanding marketing and beginning work on the next generation of its technology.
Qihoo 360 circles corporate venturing
The security software producer has now made five investments from its Silicon Valley-based fund and will target startups that are a strategic fit.
HTGF returns for Ayoxxa B round
International biotech company Ayoxxa Biosystems has raised $12m in a series B round that included all its existing investors.
Izettle secures payment to close $61m series C
Sweden-based mobile payment company Izettle has raised a further €5m ($6.8m) in series C funding from venture capital firm Hasso Plattner Ventures, following a previous Intel Capital-backed tranche. The company, raised €40m ($55m) in May from Intel Capital, the corporate venturing unit of seminconductor maker Intel, private equity fund manager Zouk Capital, which led the… Continue reading Izettle secures payment to close $61m series C
Plastique gets $8.5m funding package from BGF
The bank-backed Business Growth Fund took a minority stake in the packaging company, which will now seek to expand its production capacity in Poland.
SAP votes for Scytl with $20m investment
Electronic voting solutions provider Scytl has raised $20m from SAP Ventures to increase its R&D efforts and strategic growth.
Bitcoin technology company BitFury launches venture fund
Bitfury Capital will act as an early-stage investment fund to help expand the bitcoin industry.
Fund in the News: Rocket Internet
The corporate-backed internet incubator is rumoured to be heading towards an initial public offering later this year, as it continues to expand into new territories.
Salesforce comes to RelateIQ in $390m purchase
News Corp-backed RelateIQ is being bought by competitor Salesforce just four months after it closed a $40m series C round.
Weekly corporate venturing deal net: 7-11 July 2014
India-based price comparison website Reviews42 has raised $5m in a series B round led by investment firm Tiger Global Management that also featured Bertelsmann-backed venture firm Nirvana Venture Advisors and Blume Ventures. Nirvana and Blume provided an undisclosed amount for the company’s series A round in April 2013. Spark Labs, the US-based creator of an… Continue reading Weekly corporate venturing deal net: 7-11 July 2014