Former Blackberry vice-president Alec Saunders has rejoined Microsoft to promote its corporate venturing unit, Microsoft Ventures.
Month: February 2015
Tendril to grow with GDF Suez funding
US-based energy services management company Tendril has secured a $7.2m investment from GDF Suez New Ventures, the corporate venturing arm of energy utility GDF Suez. Tendril secured $20m from solar systems maker SunPower in December 2014, after it had raised $15m from conglomerates Siemens and General Electric, as well as Good Energies, VantagePoint Ventures and… Continue reading Tendril to grow with GDF Suez funding
Lysosomal generates $20m in corporate-backed series A
Lysosomal has raised $20m in a round backed by pharmaceutical firms Roche, Eli Lilly and Sanofi, all of which also contributed to its $4.8m seed round.
BP and Masdar form sustainability technology accelerator
The petroleum producer’s corporate venturing unit will partner with local university Masdar to fund energy and water technology startups.
Han’s Laser Technology points to $160m fund
China-based laser equipment manufacturer Han’s Laser Technology Industry Group has formed a $160m investment fund with Chinese state-owned private equity fund Guosen H&S Investment, China Money Network reported today. The joint venture will focus on the robotics and artificial intelligence sectors. Han’s is investing RMB 200m ($32m), while Guosen H&S, the private equity arm of… Continue reading Han’s Laser Technology points to $160m fund
IDG exits Manthan in $60m series D
IDG had invested in series A and B rounds raised by Manthan, which will use the funding to expand its business analytics products to international markets.
Alternative lending platform SoFi raises $200m
Renren-backed SoFi has now raised almost $360m from its last three equity rounds, and will look to expand its loans service throughout the US.
Shell blows in for 2-B Energy round
Offshore wind turbine developer 2-B has raised a $30m venture round backed by Shell, Rabobank and a host of government-backed participants.
Movile approves $15m Apontador series A
Mobile commerce company Movile has invested $15m in the local business reviews app, which operates across Latin America.
Times Internet helps deliver $35m to Delhivery
India-based e-commerce logistics company Delhivery has raised $35m in a series C round backed by media company Times Internet, according to the Economic Times. The round was led by private equity firm Multiples Alternate Asset Management and also included venture capital firm Nexus Venture Partners. Times Internet previously invested in Delhivery’s $5m series B round… Continue reading Times Internet helps deliver $35m to Delhivery
Wave builds $18m series A
Contract research company SNBL has backed an $18m series A round for Wave Life Sciences, which focuses on engineering precise molecular structures for drug development.
IDG nurtures $26m series D for FirstCry
IDG Ventures India returned to reinvest in the babycare retailer, which has increased its overall funding to $59m.
SomaLogic passes Novartis test for $16.5m
Novartis, already a strategic partner of SomaLogic, was an investor in a $16.5m round raised by the clinical diagnostics company.
Apttus sells $41m series B to investors
Contract managing service Apttus has raised a $41m series B round led by Salesforce.com, increasing its total funding to $78m.