Two years ago Global Corporate Venturing first published its Powerlist selecting the people who are at the forefront of the growing corporate venturing industry – on October 8th we will be holding our first Powerlist Awards drinks on the evening of our Triple Helix Venturing conference in Half Moon Bay [venue pictured] in California.
Month: September 2014
Delivery Hero flies off with $350m
The Tengelmann-backed online food ordering service has now raised more than $635m, which will be used to increase its market share.
Alibaba reveals $24bn target for IPO
The e-commerce company is planning to launch the largest IPO ever, putting Yahoo in line to earn $8bn.
Funds in the News: Salesforce.com and Diageo
Salesforce has launched a $100m fund that will invest in companies developing technology related to its app building platform, while alcoholic drinks producer Diageo is also entering corporate venturing.
Lehigh rises with $8m
US-based Lehigh Technologies, a sustainable materials company, has received $8m in strateigic funding. The capital came from chemicals company JSR Corporation, venture capital firms Kleiner Perkins Caufield and Byers, Florida Gulfshore Capital, Index Ventures and investment firm Leaf Clean Energy. Lehigh Technologies recycles rubber into new materials. The new funds will support the company’s international… Continue reading Lehigh rises with $8m
Memorado shows smarts with $1.3m seed round
The memory and brain game developer has announced a $1.3m seed round raised in March from investors including the founders of Zalando, Fyber and Wimdu.
Foxconn signs off on $2m AirSig investment
The contract manufacturer has invested the money in online authentification company AirSig in return for a 10% stake.
ItsOn for Cisco Investments
Cloud-based software company, which is backed the corporate venturing unit of mobile operator Vodafone, has raised additional funds for its series C round from Cisco Investments.
ProSiebenSat.1 ceases accelerator programme
Germany-based media conglomerate ProSiebenSat.1 is to cease operating its start-up incubator 18 months after launching. The company said it will “henceforth no longer invest in the incubator.” The accelerator, which focused on start-ups in online video, digital entertainment and gaming, recently opened a new office in Berlin. ProSiebenSat.1 was a 3-month programme which offered… Continue reading ProSiebenSat.1 ceases accelerator programme
Vice secures additional $250m
Multimedia news company Vice Media has completed a second $250m deal this week, selling a 10% stake to Technology Crossover Ventures. The company is now valued at $2.5bn.
Black Duck soars for $20m
Black Duck Software has raised $20m in series F funding for global expansion from all existing investors, including Intel Capital and SAP Ventures.
Fortnum buys 13.6% stake in Wello
Energy company Fortum has purchased a minority stake in wave energy start-up Wello Oy for an undisclosed fee.
IndoorAtlas navigates $10m series A
China-based search engine giant Baidu has invested $10m in Finnish indoor location software start-up IndoorAtlas, three months after the company raised $4.5m in a seed round.
Susan Lyne to lead AOL’s Build Fund
Susan Lyne is to head up AOL’s new Build Fund, a $10-$12m investment fund backing digital companies led by women.