Drug therapeutics developer Avidity NanoMedicines has raised $6m in an EMS-backed series A round, adding to the $9m the company raised in February.
Month: October 2014
Boku buys mobile payment competitor Mopay
Deutsche Telekom and Georg von Holtzbrinck exited mobile payments platform Mopay as it was acquired by Boku for an undisclosed sum.
Messaging app Frankly calls in $12.8m
Messaging app Frankly has raised $12.8m in capital from investors including South Korea-based SK Telecom, bringing its total funding to $22m.
Google snatches a taste of Impossible Foods
Impossible Foods, which is creating plant-based food meat substitutes, has emerged from stealth with $75m of funding from backers including Google.
Weekly corporate venturing deal net: 6-10 October 2014
Venture capital firm Bay City Capital followed a $5m investment in SynGen, a US-based developer of cell-based medicines, by increasing its overall investment in the company to $10m on Monday. Other investors in SynGen include GE Capital, industrial conglomerate General Electric’s growth capital unit, which invested $2.5m in March this year. Japan-based online footwear retailer… Continue reading Weekly corporate venturing deal net: 6-10 October 2014
HubSpot upsizes IPO to $125m
The Google and Salesforce-backed sales and marketing software company floated at $25.00, substantially higher than its $19 to $21 range.
Printi inks $25m funding deal with Vistaprint
Printing services company Vistaprint has made its first investment in Latin America, purchasing a minority stake in online printing service Printi for $25m.
SAP analyses another round for Alteryx
Data analytics company Alteryx has secured $60m in a series B funding from backers including SAP, which invested in the company for the third time.
Auto rental firm eHi warms up IPO
Auto rental company eHi has filed for an initial public offering in the US, less than a year after raising $100m in a round led by online travel service Ctrip.
Curbside picks up $8m in series A funding
Mobile commerce app Curbside has raised $8m in an O’Reilly Media-backed series A round that brought the total raised by the company to $9.5m.
RNTS buys strong Fyber for $190m
Nokia, which invested at a $30-35m valuation, was among the exiting backers as the adtech company was bought by digital media company RNTS.
Yahoo invests cash to get the message
The internet company is set to contribute $20m to Snapchat’s series D round, as it acquired instant messaging app MessageMe, providing Google Ventures with an exit.
Reduxio thinks bigger for $15m series B
Hybrid storage developer Reduxio Systems has raised $15m in a series B round from investors including Intel, which first invested in Reduxio last year.
Arvind Sodhani tops Powerlist for second year
Arvind Sodhani topped Global Corporate Venturing’s Powerlist, after an awards ceremony in Half Moon Bay, California. We look at why Sodhani was ranked by GCV as the most powerful person in corporate venturing.