The entertainment producer will put up 20% of the capital for the fund, which will invest in a diverse range of sectors.
Month: December 2014
Extole refers Norwest to $14m series C
Norwest Venture Partners participated in the referral marketing software developer’s latest round, which lifted its total funding to $25m.
Nexthink contemplates $14.5m series D
Switzerland-based IT analytics provider Nexthink raised $14.5m yesterday in a series D round that included participation from trading and services firm Mannai Corporation. The round was led by venture firm Auriga Partners and also featured VI Partners and new investor Gilles Queuru. The company spun out of university École Polytechnique Fédérale de Lausanne in Switzerland… Continue reading Nexthink contemplates $14.5m series D
LanzaTech refuels for series D
Waste-to-ethanol producer LanzaTech has added $60m to a Mitsui and Siemens-backed series D round that now totals $120m.
Hainan Mining digs into $310m IPO
China-based iron ore mining company Hainan has raised $310m in a flotation in which majority shareholder Fosun’s stake was diluted from 60% to 54%.
Histogenics hits Nasdaq in $65m IPO
Intrexon-backed regenerative medicine company Histogenics went public after raising $89m in venture capital.
Cardiokinetix puts heart into $50m round
The medical device maker raised the money in an Edwards Lifesciences-led round as part of an agreement that could involve Edwards acquiring the company.
Lending Club expands IPO to a possible $929m
The online lending platform, backed by Wells Fargo, will now issue more shares at a higher price when it goes public.
Didi Dache collects $700m fare
Tencent reinvested in the Chinese taxi ordering app as it closed a series D round that will help it fight off domestic rivals and US-based Uber.
Mastercard explores Dynamics for $70m series C
The payment technology company will partner with Mastercard after closing a round that increased its overall funding to $110m.
Google makes Delighted investment
Google Ventures was among the investors as the market research technology company emerged from stealth.
Softbank lifts Altaeros to new heights
SoftBank has invested $7m in Altaeros Energies, which is developing floating airborne wind turbines able to generate twice as much energy as tower-based models.
Business Growth Fund recycles $11.7m
UK-based recycling company J&B Recycling secured £7.5m ($11.7m) in growth capital yesterday from investment fund Business Growth Fund (BGF), according to Angel News. BGF is backed by UK-based banking groups including HSBC, Barclays, Lloyds, RBS and Standard Chartered. J&B Recycling offers waste collection, recovery and recycling services throughout the North East of England to the… Continue reading Business Growth Fund recycles $11.7m
Chinese corporates form $32m intellectual property fund
Kingsoft, Xiaomi and Zhigu have contributed a total of $8m to the fund, formed in the wake of a patent law ruling by the Chinese government.