Comcast and SoftBank both contributed to a round that will support expansion for the airport-focused car sharing service.
Month: September 2014
Hertz books a seat for China Auto Rental IPO
The car rental company is one of several cornerstone investors that will invest $30m as the China-based company seeks $467m from a Hong Kong initial public offering.
HC2 takes stake of up to 25% in Novatel
The industrial holding company has paid $14.4m for an initial stake of 17% that it has the option to increase to 25% in future.
SGE helps ship $40m to GlobalTranz
The shipping and logistics company took its total funding to $50m with a series C round backed by the Susquehanna International Group subsidiary.
Infocom forms $20m venture fund with Fenox
The IT services company is expanding its partnership with venture firm Fenox to a fund that will target companies in North America and Southeast Asia.
Deal-makers enjoy summer spree
A look at corporate venturing deal activity in August.
UK: Two tangle at the top of the tech transfer table
The UK If Global University Venturing’s latest 2014 data is anything to go by, the UK remains the second most active region globally for research commercialisation. Built on the back of one of the oldest and most prestigious higher education systems in the world, the UK’s universities are one of the main pillars on which the success of the country… Continue reading UK: Two tangle at the top of the tech transfer table
Flex Pharma muscles its way to $40m
Kraft Group is among the investors in the biopharmaceutical company’s first funding round.
Virobay files for $50m IPO
The pharmaceutical company, which is developing treatments for disorders including neuropathic pain and Crohn’s Disease, is backed by investors including AbbVie.
The marketplace – a sea of opportunity in uncharted waters
With increasing pressure from shrinking government budgets, government contractors are looking for ways to diversify and profitably grow their businesses. The commercial marketplace provides an opportunity for business expansion, but past experience has shown that the transition is not always easy. Making the leap from government waters to commercial markets creates challenges that companies must face with… Continue reading The marketplace – a sea of opportunity in uncharted waters
Joint venture to support pharma research
Allied Minds and Bristol-Myers Squibb are joining forces to foster biopharmaceutical research at US universities.
A truth or two about China
Our regular columnist Marianne Abib-Pech examines China’s growing role in the world.
Haemmig and Battistini: Venture syndication dynamics
In our series of articles Corporate Venturing on the Test Bench, Boris Battistini and Martin Haemmig review and analyse the latest trends.
Rocket Internet reveals plans for $970m IPO
The offering will value the corporate-backed incubator and venture fund at approximately $6.45bn.