Fantasy sports site Fanduel has raised $70m in series D funding, led by Shamrock Capital Advisors, and including Comcast’s corporate venturing unit, Comcast Ventures.
Month: September 2014
Chiesi launches venturing fund
Pharmaceutical company Chiesi Group has launched a corporate venture capital fund, Chiesi Ventures, targeting companies focusing on the treatment of rare diseases.
Innova optimises $2.1m series A
Marketing and SEO platform Innova has raised $2.1m in series A funding from Salesforce, Nippon Venture Capital and Draper Nexus.
Whill adds to series A round
Mobility company Whill, which is backed the corporate venturing units of Itochu and NTT Docomo, has added $5m to the $6m in raised in July, securing a total of $11m in series A funding for its high-performance wheelchairs.
RusnanoMedInvest sees Clearside now
Clearside Biomedical has raised $16m in a series B round featuring pharmaceutical company Santen and RusnanoMedInvest, for the development of treatments for blinding diseases of the eye.
Emprego recruits Qualcomm for series A
Mobile-based recruitment platform Emprego Ligado has raised $7m in series A funding from Qualcomm Ventures, e.Bricks, Monashees Capital and Grupo RBS.
T-Venture’s fast MyTaxi ride is ‘success’
The exit is likely to have made a strong return for T-Venture, Deutsche Telekom’s corporate venturing unit, which dubbed the company “a star performer” and the deal a “successful exit”.
Image marketing company gains PubliGroupe investment
Brandnew, an online advertising company focussing on image based sites, has gained funding from investors including Switzerland-based marketing company PubliGroupe.
Beqom secures support from Swisscom
Software company Beqom has raised an undisclosed amount from Swisscom’s corporate venturing unit and investment group Renaissance PME Foundation.
SEP launches infrastructure fund
Venture capital firm Scottish Equity Partners has announced the launch of the Environmental Capital Fund (ECF) a £135m ($222.9m) infrastructure fund to invest in UK-based clean energy projects. The fund is also backed by energy company SSE, which sold independent gas transporter SSE Pipelines to ECF for around £52.7m ($86.9m) to fund its involvement. … Continue reading SEP launches infrastructure fund
Tencent purchases Dxy stake
China-based internet company Tencent have purchased a minority stake in healthcare service community Dxy.cn for $70m.
CVC Drinks Party hosted by BVCA and Wayra
Networking drinks party for corporate venturers at Telefonica’s accelerator Wayra after the British Venture Capital Association Summit, London Oct 9th.
4energy secures Chrysalix Set investment
Cleantech company 4energy has received an investment from Chrysalix Set to accelerate its global rollout of energy saving solutions and strengthen its investor base.
Reliance and Microsoft to fund Indian start-ups
Reliance Industries and Microsoft are to form a incubation programme to fund and mentor start-ups in India.