US-based network interconnect services provider CENX secured an undisclosed sum on Tuesday from Verizon Ventures, the corporate venturing arm of telecommunications company Verizon Communications, communications technology producer Ericsson, Highland Capital Partners, Mesirow Financial Private Equity, DCM Ventures and Cross Creek Advisors. Ericsson invested an undisclosed sum in CENX in 2012, three months after it raised… Continue reading Weekly corporate venturing deal net: 23-27 February 2015
Month: February 2015
News round up 02 March 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Cleveland Clinic monitors Vectorious series A
Vectorious, which is developing an implant-based cardiac monitoring system, has raised $5m and will look to begin the first trials for the device soon.
Citymaps finds Nokia for $6m series A
Nokia boosted the personalised mapping app developer’s funding to $11m since it was founded in 2010.
Mobile cybersecurity company Zimperium raises $12m
Telstra, Toyo and Samsung all committed funds to a $12m series B round for mobile cybersecurity company Zimperium that took its total funding to $20m.
Qualcomm lands on 3D Robotics for $50m series C
The drone technology company has now raised $85m across three rounds, after Qualcomm joined O’Reilly Media as an investor.
Check-Cap examines $24m IPO and placement
Fosun Pharma-backed Check-Cap has received $12m in an initial public offering and an additional $12m in a private placement.
Exablox stores $16m
US-based data storage company Exablox raised $16m in series C funding yesterday from investors including Dell Ventures, the corporate venturing unit of computer manufacturer Dell. Venture capital firms DCM Ventures, Norwest Venture Partners and US Venture Partners also participated in the round. Exablox previously secured $7.5m in a 2011 series A round and $15m in… Continue reading Exablox stores $16m
Luxe parks $20m for series A
The Google-backed on-demand valet service raised the series A funding less than four months after a $5.5m seed round.
Ant Financial to raise $4bn from private placement
The cash injection, which is set to be secured at a valuation of up to $40bn, will precede an initial public offering likely to take place in 2017.
Viking makes $40m venture to Illumina fund
Illumina Accelerator Boost Capital will invest up to $5m a time in graduates from biotech analysis company Illumina’s accelerator programme.
Insight Robotics fires its way to SmartCamp victory
The forest fire detection company overcame competition from hundreds of 2014 participants at IBM’s SmartCamp to win Entrepreneur of the Year.
Kaspersky Lab to experiment with accelerator
The cybersecurity company will provide $80,000 in prize money to the top three startups, with a total of 40 places being made available.
AXA allocates $226m to strategic venture fund
The insurance provider will seek to invest in insurance, asset management, fintech and healthcare technology.