A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: March 2015
Weekly corporate venturing deal net: 16-20 March 2015
Singapore-based online ticketing platform Peatix received $5m in a series A round led by DG Incubation, an investment subsidiary of internet company Digital Garage, and featuring SPH Media Fund, the corporate venturing fund owned by media company Singapore Press Holdings; media company Sunny Side Up; Fidelity Growth Partners Japan; and Draper Nexus. Peatix has now… Continue reading Weekly corporate venturing deal net: 16-20 March 2015
Bionic Robotics arms itself with new funding
The robotic arm developer has raised series A funding in a round backed by Abacus Alpha and High-Tech Gruenderfonds.
Tausendkind shops around for investment
Germany-based e-commerce company Tausendkind has obtained an unspecified sum of several million euros from investors including media companies Mediengruppe Oberfranken, and Rheinische Post Mediengruppe, Gründerszene has reported. The round also featured PDV Inter-Media, the corporate venturing arm of media company Mediengruppe Pressedruck; Capnamic Ventures, the venture capital firm managing funds for media group M DuMont… Continue reading Tausendkind shops around for investment
GGV Capital connects to Xiaomi-backed startups
The venture capital firm has led $15m series B rounds for portable battery charging company Zimi and headphone maker 1More.
Rover retrieves $25m
Pet supplies retailer Petco has returned to back the latest round to be raised by dogsitting network Rover.
Quid cashes in $39m series D
Media conglomerate Liberty Interactive has led the latest funding round for the big data company, which added 80 blue-chip companies to its client list last year.
Janssen crosses off XO1 acquisition
Antibody developer XO1, backed by a Johnson & Johnson-backed fund, has been acquired by another Johnson & Johnson subsidiary, Janssen Parmaceuticals.
Vidder spies Sumitomo for $12m series B
Sumitomo subsidiary Presidio Ventures has joined the cybersecurity company’s backers, helping increase its overall funding to more than $18m.
Intel reaches for SkySQL
SkySQL, a Finland-based software developer of an open source database dubbed MariaDB, has raised $20m in a series B round led by semiconductor company Intel’s corporate venturing unit, Intel Capital. California Technology Ventures, Finnish Industry Investment, Open Ocean Capital and Spintop Private Partners also took part in the round. In April 2012, SkySQL secured $4m… Continue reading Intel reaches for SkySQL
Shuddle takes off with $9.6m
Comcast returned for the family-focused ride sharing company’s series A round, bringing its total funding to $12.2m as it prepares to expand from San Francisco.
Nimbus computes $43m series B
Pfizer has co-led a second funding round for the biotechnology company, which also counts Eli Lilly and GlaxoSmithKline as backers.
Salesforce and Microsoft go InsideSales
US-based sales platform InsideSales completed $60m a series D round led by cloud computing company Salesforce.com’s corporate venturing unit Salesforce Ventures yesterday that also featured software producer Microsoft. Venture capital firms Polaris Partners, Kleiner Perkins Caufield & Byers (KPCB), Hummer Winblad, US Venture Partners and Zetta Venture Partners also participated in the round. InsideSales has… Continue reading Salesforce and Microsoft go InsideSales
Wipro makes first investment out of $100m fund
The IT services company has invested $5m in cloud services provider Drivestream as part of a deal to collaborate on integrated cloud technology.