Microneedle patch developer Zosano secured the cash from strategic partner Eli Lilly concurrently to a $47.5m initial public offering.
Month: January 2015
Constantia helps mold WPX Faserkeramik series A
WPX Faserkeramik, a producer of ceramic materials for high-temperature applications, secured funding from the building materials company, along with HTGF.
Corporate VC tipping point in the spotlight
Our early London Symposium speaker line-up includes Hermann Hauser, the co-founder of UK venture capital firm Amadeus Capital Partners, Claudia Fan Munce, IBM Venture Capital, Ralf Schnell, Siemens Venture Capital, Charles Searle, Naspers, and many more heavyweights from the corporate venturing industry.
Pearson expands Affordable Learning Fund by $50m
Education publisher Pearson has committed an additional $50m to its Africa and Asia-focused Affordable Learning Fund.
Norwest goes on-site for Crossover funding
Crossover Health, which provides on-site healthcare for big companies, has received $15m from Wells Fargo-backed Norwest.
GE collaborates in Iora series C
Iora Health has raised a $28m round from backers including General Electric, increasing its funding total to $48.5m.
Ele.me swallows $350m
Tencent, JD and Dianping all invested in the food ordering service as part of the round, which brought its funding over the past three rounds to $455m.
Everspin comes round again to close series B
Everspin Technologies, a US-based developer and manufacturer of data storage technology, closed a $29m series B round yesterday featuring Western Digital Capital, the investment unit of hard disk drive producer Western Digital. Semiconductor foundry GlobalFoundries also joined the round, which previously closed at $15m in 2013. New Venture Partners, Sigma Partners, Lux Capital, Draper Fisher… Continue reading Everspin comes round again to close series B
SoftBank drives 51Auto to series C
Car trading platform 51Auto has secured $30m in a round led by SoftBank China Venture Capital, taking its overall funding to about $40m.
Google investment creates Ripple effect
Digital payments company Ripple Labs is on the verge of closing a $30m Google-backed series A round.
Intel exits as Microsoft buys Revolution
Intel and Scientific Computing Associates are set to exit the statistics and analytics software provider through an acquisition by Microsoft.
Robot maker iRobot builds corporate venturing machine
The US-based company, the manufacturer of floor cleaning robot the Roomba, will invest up to $2m at a time and will fund up to 10 startups each year.
TechInvent flows towards Statoil and Aarbakke
Statoil Technology Invest and Aarbakke Innovation have acquired a combined 35% stake in fluid control company TechInvent for an undisclosed sum.
Tactus keys in series B
Tactus, a Ryoyo and Wistron-backed developer of on-demand tactile surfaces for electronic devices, has lifted its total funding to approximately $30m.