Cannestra is to take on a new role, leading automobile parts manufacturer Denso’s corporate venturing activities.
Month: August 2014
BesTV seeks marketing wisdom from AdSage
The online media company has bought a 51% share of SIG-backed AdSage for almost $100m.
CircleUp to shape $25m growth fund
The Google-backed fundraising platform, which has raised more than $21m in the last 18 months, is raising the fund as it commits to co-invest $4m in ‘B Corporations’.
UCB gets under Dermira’s skin for $51m series C
Dermatological treatment developer Dermira has now raised $128m, with pharmaceutical company UCB joining Maruho as a corporate backer.
AppNexus connects to $60m funding round
The advertising technology company took its overall funding to $200m with a series E round that could expand to $100m.
Forex Club seeks new portfolio companies
The FXC-QCP VC Venture Fund, created in December 2013 to invest in online financial services, is seeking internet trading platforms in which to invest up to $50m.
DataRobot advances to $21m series A
New York Life Insurance was among the investors as the data analysis company took its total funding to almost $25m.
SumUp compiles funds from Groupon and BBVA
The corporates contributed to a series C round raised by mobile payments company SumUp, which is also backed by Tengelmann and American Express.
RealWorld to enter public markets atmosphere
The Nippon Insurance and Recruit-backed task crowdsourcing platform has been approved for an IPO in Japan.
Samsung buys SmartThings for $200m
SmartThings, the developer of an app for home automation, has been bought for $200m just over two years after it was founded.
Hanergy closes purchase of Alta Devices
Sumitomo-backed Alta has officially become the fourth solar product manufacturer to be acquired by Hanergy.
United Internet fuels Rocket with $580m investment
The internet services company has invested $580m for a 10.8% stake in Rocket, bringing its total fundraising to more than $1bn this month.
Startupbootcamp says hola to Barcelona
European accelerator Startupbootcamp has announced its latests programme will begin in Barcelona in 2015, targeting big data and IoT startups.
GIC pays fees for 18.5% stake in Abril Educacao
Naspers-backed media and education company Abril Educacao has sold a 18.5% stake to the Singaporean sovereign wealth fund GIC for about $265m.