A smart green business conference connecting startups, investors and corporates.
Month: September 2014
Alibaba closes IPO at world record $25bn
Yahoo ended up securing $9.5bn in the offering, which broke the record previously held by Agricultural Bank of China.
Dermatological treatment company Dermira aims for $98m in IPO
Pharmaceutical company UCB will buy additional shares in the offering as Dermira, which is also backed by Maruho, seeks to raise funds for product development.
Nova Founders receives $50m for fintech fund
Incubator Nova Founders has received $50m from Pacific Century Group to boost fintech in Asia.
Etaoshi orders up $20m series B
The online food delivery service has now raised $30m across two rounds after pulling in a series B round funded by agribusiness New Hope.
TouchPal finds friends for series C
Qualcomm is among the investors in a round raised by TouchPal, which has developed a keyboard app for use with smartphones, that totalled more than $20m.
Ping identifies SAP for $35m series G
Cloud-based identity security company Ping Identity has raised $35m in a late-stage round featuring SAP Ventures that will be used to meet customer demand.
Lowe’s reaches Porch but refuses to rest
Lowe’s is considering the formation of a corporate venturing unit, after leading a $27.6m series A round for home improvement network Porch.
Zalando to fashion up to $813m from IPO
The online fashion brand, backed by Tengelmann, Holtzbrinck and Anders Holch Povlsen, will use the proceeds to support growth.
Concern mounts about European proposals
Various members of the corporate venturing industry have contacted Global Corporate Venturing to say they are concerned about proposed changes to European competition law. The European Commission recently consulted on a white paper which could chill venture investing by corporates in Europe.
Google sees Ubersense exit
Interactive video analysis and coaching platform Ubersense has been acquired by Hudl, providing an exit to Google Ventures.
Tencent travels to Woqu series B
Online travel agency Woqu has raised $20m in a series B round led by Tencent, five months after the company’s official launch.
Red Hat looks to FeedHenry in $81m acquisition
Intel and VMware exited the mobile app development company, which raised a $9m series A round last year.
Quikr rushes to $60m
The online classified listings site has raised its second large round in six months, with corporate backers Ebay and Nokia returning to reinvest.