The molecular profiling company, backed by Novo, GlaxoSmithKline and Merck, is seeking to float on Nasdaq.
Month: December 2014
Weekly corporate venturing deal net: 22 December 2014-2 January 2015
Germany-based enterprise software developer WeSustain has raised €4m ($4.9m) in series B financing from its existing backers – corporate-backed venture capital fund High-Tech Gruenderfonds, state-backed bank KfW and MBG – as well as VNT Management, which participated as a new investor. The funds will go to market development and the strengthening of WeSustain’s sales capabilities.… Continue reading Weekly corporate venturing deal net: 22 December 2014-2 January 2015
End of Year Roundup: Intel Capital
Intel’s corporate venturing unit formed a $100m smart device fund in China, and invested more than $350m, provided in addition to its parent company’s $740m investment in Cloudera.
GE Ventures powers up Kwantera
The energy monitoring startup has now raised more than $7.3m, after closing a $4.4m General Electric-backed round.
Turner shutters Media Camp
The broadcaster has closed its San Francisco-based media technology accelerator, which spun-off a Warner-run Los Angeles unit last year.
Energy Technology Ventures to wind down
The fund, formed by General Electric, NRG and ConocoPhillips, is set to wind down after a tepid year that mirrored a downturn in the energy technology sector.
Nokia exits Network18 in $680m Reliance acquisition
Reliance Industries bought the diversified media company, granting Nokia a reported exit around 2.4x.
End of Year Roundup: Nokia Growth Partners
The communications technology company’s corporate venturing unit achieved big exits from UCWeb, Fyber and Network18 during 2014, also launching a $100m car technology fund.
Three months after series A, Flex files for IPO
The Kraft-backed neuromuscular treatment developer is seeking $60m, which will be invested in research and marketing.
Amazon treats itself with QwikCilver investment
Amazon has made its first corporate venturing investment in India, taking a 15% stake in the gift card technology company as part of a $10m round.
Ginger.io practices best behaviour for $20m series B
Kaiser Permanente has joined the behaviour analytics company’s shareholders, as it raised money that took its overall funding to almost $28m.
Check-Cap screens IPO and placement for $27m
The Fosun Pharma-backed medical imaging company intends to raise the cash through an initial public offering and concurrent private placement.
Vkansee scans $7m of series A funds
The fingerprint scanning technology startup has secured $7m from Aviation Industry Corporation of China as it seeks to expand into the US.
BeneChill aims to play it cool with IPO
The Physio-Control-backed company, which develops cooling products to treat brain injury, has filed for a $13.8m initial public offering.