The corporates area acquiring trader messaging service Perzo, and will use it as the basis for a new company, Symphony Communications.
Month: October 2014
Hanwha adds DreamPlus to corporate venturing activities
The Korea-based conglomerate has initiated the DreamPlus Alliance, a group of accelerators formed across Asia with a range of partners.
SoftBank provides $250m for Legendary investment
SoftBank provided the cash as part of a joint venture to exploit the intellectual property of Legendary, which produces films, comic books and digital media.
NantHealth closes $320m series B
A $250m investment by Kuwait Investment Authority helped close the round, adding to funds provided by Celgene in June.
Oil and gas sector must invest to tackle water problems
A growing array of technologies and entrepreneurs are responding with innovative new solutions. Venture capital – including the corporate venture capital funds established by ‘big oil’ and the ‘family offices’ of successful industrialists – is therefore seeking out water technology investment opportunities. This is a growth market GWI reports that the global market for water… Continue reading Oil and gas sector must invest to tackle water problems
Pulmologix breathes easy with $12m
Private clinical stage company Pulmologix has received $12m in a Novo-backed series B round to explore new medical approaches to treat respiratory disease.
Fund in the News: GDF Suez New Ventures
The fund, formed by France-based utility GDF Suez in May, is focusing on decentralised energy and energy efficiency technology as traditional power generation loses its lustre.
Cloudera draws on DataPad to boost technology
Big data company Cloudera has acquired Google-backed business intelligence and data visualisation company DataPad.
LSP raises $100m for life sciences fund
A large pharmaceutical company was among the LPs as the firm reached the first close of its $190m fifth fund.
Nokia feels Netpulse for series D
Nokia’s corporate venturing fund led the round, which also included Docomo Capital, and which boosted Netpulse’s overall funding to almost $40m.
CarDekho collects online automotive marketplace Gaadi
Ibibo, the online travel joint venture by Tencent and Naspers, exited CarDekho three years after acquiring the company.
Robotic prosthetics maker ReWalk raises $41m in IPO
The Israel-based company, backed by investors including Yaskawa Electric, intends to spend the proceeds on sales, marketing and product development.
Solar film producer Heliatek secures $22.5m
Heliatek, a Germany-based manufacturer of organic solar film, has received €18m ($22.5m) in a series C round featuring industrial manufacturers Robert Bosch and BASF. Investment holding company Aqton SE led the round, which also included corporate-backed venture fund High-Tech Gruenderfonds, Innogy Venture Capital, which acts as the corporate venturing arm of energy company RWE, Wellington… Continue reading Solar film producer Heliatek secures $22.5m
Aquion Energy stores away more cash
Aquion Energy, a manufacturer of energy storage systems, has raised $24.6m in funding, a recent filing has revealed.