IDG Capital Partners co-led the latest round raised by the peer-to-peer lending platform, which will be used to boost its big data capabilities.
Month: April 2015
Raptor chews down on $2.2m
Raptor Oil, a UK-based wireless communications technology developer, has raised £1.5m ($2.2m) from Seek & Solve, a funding programme formed by oil and gas company Statoil and Scottish Investment Bank. Seek & Solve was launched in June 2014 by Statoil Technology Invest, the investment arm of Norway-based oil and gas company Statoil, and Scottish Enterprise,… Continue reading Raptor chews down on $2.2m
CyberAgent starts recruiting for Rising Expo 2015
The internet company’s startup conference, which will be put on by its corporate venturing subsidiary, has begun accepting pitches from startups.
ZopNow shops for $10m now
Grocery e-commerce company ZopNow has raised $10m in a series A round featuring returning investors Qualcomm Ventures and Times Internet.
Sinclair sends out signal for corporate venturing unit
Sinclair Digital Ventures will invest in emerging digital technology and content startups to boost the television broadcaster’s digital capabilities.
Sefuri takes top prize at B Dash Camp
The mountain climbing app beat out 53 other competitors at the conference, organised by corporate-backed venture fund B Dash Ventures.
Spotify tunes up for $400m series G
The Coca-Cola and record company-backed streaming service is set to raise the money in the next few weeks at an $8.4bn valuation.
Baidu boosts Chinese ride sharing portfolio
The internet company has invested in ride sharing apps Tiantian Yongche and 51Yongche, both of which have raised eight-figure dollar amounts in their latest rounds.
Zomato books Info Edge for $50m series F
Majority shareholder Info Edge provided $24.8m of the funding in the round, retaining a 50.1% stake in the restaurant listings company in the process.
Early stage in the spotlight
We have partnered with Kauffman Fellows, the training group, and Ashridge Business School, the UK institution, to pose the questions in our first early stage survey. If you are a corporation in any way active in early stage, do answer the survey. Respondents will receive a free copy of the report.
Antibody developer Merus lines up $105m IPO
The Netherlands-based oncology company, backed by corporate venturing subsidiaries of Johnson & Johnson, Novartis and Pfizer, plans to float in the US later this year.
UCloud forms $100m series C
Existing investor Legend Holdings led the round, also backed by Bertelsmann, bringing the cloud infrastructure provider’s funding to $160m in less than 18 months.
Corporate venturing talent: finding a balance
Georgina Worden, of executive search firm Intramezzo, looks at the problems faced by those looking to nurture talent in the industry.
News round up 13 April 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.