Air conditioning and heating equipment maker Carrier invested an undisclosed sum in Canada-based smart thermostat manufacturer Ecobee on Monday as part of the expansion of a strategic collaboration. Ecobee had previously raised cash from Ontario Emerging Technologies Fund, JLA Ventures and Tech Capital Partners, all of which contributed to a $6.7m round in 2010, as… Continue reading Weekly corporate venturing deal net: 26-30 January 2015
Month: January 2015
News round-up 02 February 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Volvo trucks $8m to Cargomatic
US-based freight delivery company Cargomatic has raised $8m in a series A round featuring Volvo Group Venture Capital, the corporate venturing unit of car maker Volvo, L.A. Biz reported yesterday. Venture capital firm Canaan Partners was lead investor in the round, which included Morado Venture Partners, SV Angel, Sherpa Ventures, Structure Capital, Winklevoss Capital and… Continue reading Volvo trucks $8m to Cargomatic
Alibaba invests $10m to play with Ouya
Alibaba has invested $10m in Ouya, a game console maker launched with a crowdfunding campaign on Kickstarter in 2012.
CAA animates $17m series B for Giphy
Talent agency Creative Arts Agency returned to back the GIF search engine’s latest round, raised at an $80m valuation.
Microsoft helps Cyanogen operate $70m series C
Cyanogen, which is developing a version of Android independent to Google, is set to close a Microsoft-backed round that would value it in the nine figures.
Technology news site Mashable raises $17m
Time Warner joined the online media company’s existing backers, including Tribune Media, in a series B round that will support the expansion of the company’s workforce.
Business Insider reports $25m in funding
The financial news provider, has now raised more than $57m in funding altogether, after closing an Axel Springer-led round.
Singulariteam launches $102m corporate-backed fund
Tencent and Renren were both among the contributors to the second fund raised by the Israel-based ‘super angel investor’.
Spotify begins work on $500m round
The music streaming company, backed by Coca-Cola and several major record companies, has reportedly entered talks with potential investors over a series G round.
Disney lines up 2015 accelerator
The entertainment company will invest $120,000 each in the 10 startups that graduate from its Techstars-affiliated accelerator.
BGF gets in the Zone with $9m
Business Growth Fund, backed by five financial services firms, has taken a minority stake in digital marketing company Zone.
ARM makes Pragmatic choice in $8.1m round
ARM has participated in a $8.1m round raised by flexible logic circuits maker Pragmatic Printing.
Nokia tracks Whistle in $15m series B
Nokia Growth Partners led a $15m round for the Qualcomm-backed pet care software provider, which has now raised $25m in total.