Financial services provider American Express has moved its corporate venturing unit to Silicon Valley.
Month: December 2014
Uni-Presidents takes a taste of Hampton Creek
Plant-based food developer Hampton Creek has raised $90m in a series C round that will support ambitious expansion plans.
Mobile game company Gumi goes public
The corporate-backed social gaming specialist, backed by a host of Japanese corporates, had a market cap of more than $750m after its first day of trading.
Techstars launches new programmes
US-based accelerator Techstars is set to launch programmes in affiliation with Ford, Verizon, Magna and Mayo Clinic.
Intel makes Nimble exit
Virtual reality developer Oculus VR has acquired two startups, including Intel-backed hand-tracking technology company Nimble VR.
Flogistix is energised by new investor
White Deer Energy has acquired the interest previously held by NGP Energy Technology Partners.
InSightec extends series D to $59m
The GE Healthcare-backed ultrasound system developer has now raised more than $130m, and investors have another month to commit a further $3.5m.
Housing.com confirms $90m SoftBank-backed round
SoftBank is now the largest investor in Locon, the operator of real estate platform Housing.com, which also counts Qualcomm as a backer.
Annexon annexes $34m for series A
US-based pharmaceutical company Annexon Bioscience has closed a $34m series A-1 round led by Novartis Venture Funds, the corporate venturing arm of pharmaceutical company Novartis. Satter Investment Management and Clarus Ventures also participated in the round. Annexon previously raised $1m in a 2011 seed round from Fidelity Biosciences Research Initiative. Annexon will use the funding… Continue reading Annexon annexes $34m for series A
Western Digital reaches for Skyera
Western Digital, which had already funded the solid-state storage company through its corporate venturing unit, will buy the company, also granting an exit to Dell.
21st Century Fox’s aim is TrueX
The entertainment producer is set to buy digital advertising company TrueX for close to $200m, granting an exit to Norwest Venture Partners.
Connect unites with $10.3m
US-based social network app Connect has secured $10.3m in a series A round that included Kinzon Capital, a venture capital firm whose sole limited partner is China-based conglomerate Fosun International. The round also featured Launch Fund, Bull City Venture Partners and angel investors Marc Benioff, who is the CEO of cloud computing platform Salesforce.com, Brad… Continue reading Connect unites with $10.3m
Hinge successfully flirts with $12m series A
US-based dating app Hinge has raised $12m in a series A round that included CAA Ventures, the corporate venturing fund for talent agency CAA. The round, led by venture capital firm Shasta Ventures, also included Lowercase Capital, Great Oaks Venture Capital and Eniac Ventures. Hinge previously raised $4.5m in a July 2014 seed round backed… Continue reading Hinge successfully flirts with $12m series A
Kamcord captures $15m for series B
Gameplay recording app Kamcord has secured investment in a round backed by corporates Gungho, Tencent and Wargaming.