Johnson & Johnson has provided the first healthcare venture group investment in the Vivo Capital Fund VIII that aims to help US and Chinese businesses work cross-border.
Month: April 2015
Tapingo taps into Qualcomm for series C
Qualcomm has invested in app-based shopping platform Tapingo to help it move out of the college campus market and into local commerce.
Hearst invests Via series B
Media group Hearst Corporation has invested in premium on-demand travel company Via as it looks to expand its business into new areas and grow its team.
No results for Google-backed internet search company
Google Ventures-backed paid search advertising company Trada has ceased trading and advised its customers on other companies to use.
GDF Suez sends Redbird flying
French electricity supply company GDF Suez has invested in Redbird, a company that analyses data captured by civilian drones.
Partech funds startups
Partech Ventures has followed its $32m Partech Entrepreneur I fund with a corporate-backed $65m second fund, the largest dedicated seed fund in Europe.
UBS levels with fintech startups
Investment bank UBS and accelerator Level39 have partnered to set up a programme aimed at developing innovative financial technology.
Corporates put HyTrust in series D
Corporate backers have invested in HyTrust to help it secure virtualised and cloud-based systems and expand its sales and marketing into an international market.
Corporates pack for holiday with CanadaStays
Media company Torstar and vacation website HomeAway have invested in CanadaStays to allow its users to reach a larger potential rental market through the HomeAway website.
Health app Noom drives investment
Qualcomm Ventures has reinvested in Noom, a health app developer that is using human and artificial intelligence interaction to drive behaviour change in people with chronic illnesses or those wanting to lose weight.
Bloomberg decides ProsperWorks
ProsperWorks has closed a $7.5m series A round to advance development of its customer relationship management platform built on top of Google Apps.
Evonik feeds Algal’s series B
Evonik Venture Capital, the corporate venturing unit of speciality chemical developer Evonik Industries, has backed a $7m series B round for US-based biotechnology company Algal Scientific Corporation. The round was led by Formation 8 and featured Independence Equity. In April 2014, Algal obtained a $3m series A round from Evonik, Formation 8 and Independence Equity.… Continue reading Evonik feeds Algal’s series B
Thrasos closes $21m series D
Thrasos Therapeutics, a US-based biotherapeutics company developing treatments for kidney disease, has closed a $21m series D round co-led by SR One, the corporate venturing arm of pharmaceutical company GlaxoSmithKline. BDC Capital, a subsidiary of the Business Development Bank of Canada, co-led the round which will support a Phase 2 clinical trial of a treatment… Continue reading Thrasos closes $21m series D
Intel helps shower Sprinklr with $46m
Sprinklr has increased its total funding to $123.5m as existing investors including Intel Capital return to lead its series E round.