US-based medical device company Neuronetics closed a $34.3m series F round yesterday backed by Pfizer Venture Investments and GE Ventures, the respective corporate venturing arms of drugs producer Pfizer and conglomerate General Electric. The company did not disclose the other investors in the round, disclosing only that the syndicate consisted of its original investor base.… Continue reading Corporates lift Neuronetics’ spirits with $34m
Month: April 2015
Scanadu mobilises corporates for $35m series B
Corporates Fosun and Tencent co-led the round for the mobile medical devices maker, taking its overall funding to almost $50m.
Tessares networks with Proximus for seed funding
Proximus, the mobile subsidiary of telecommunications company Belgacom, invested in the startup alongside Catholic University of Louvain’s spin-out fund.
GMO makes payment to 2C2P for $7m round
GMO made its third investment in the payment services company in a series C round that will go towards product development and an expansion in its product offerings.
Spartan Bioscience captures Canon investment
Canon has invested an undisclosed amount of capital in the DNA testing service provider as part of a strategic collaboration.
Nutanix seeks out banks to structure IPO
The SAP-backed IT infrastructure provider expects to float at a valuation of about $2.5bn, after raising more than $310m in venture funding.
Rocket Internet goes Dealerdirect in $8.7m round
E-commerce holding company Rocket Internet has participated in an $8.7m funding round for the second-hand vehicle online marketplace.
Keru Cloud orders up series B
Search engine provider Baidu co-led the restaurant management software company’s $10.7m series B round, raised as it prepares to expand to other industries.
UST Global sets up Indian fund
The IT services provider has established a corporate venturing fund as part of a initiative to grow its business in India.
Xiaomi calls up India for investment
Ratan Tata, chairman emeritus of conglomerate Tata Sons, has invested in Xiaomi as the Chinese smartphone maker ramps up its focus on India.
Big Deal: Jimubox joins well-funded peers
The $84m raised by Jimubox last week makes it the third China-based peer-to-peer lending platform to close a large funding round this month.
Statkraft powers up corporate venturing unit
Norway-based energy utility company Statkraft plans to launch a corporate venturing subsidiary in Germany that will target renewable energy technology startups.
Asian ascendancy fuels Q1 deal spree
Asian deals have now made up a third of the value of corporate venturing investment for the last two quarters.
Weekly corporate venturing deal net: 20-24 April 2015
Japan-based online event booking service Asoview has raised ¥600m ($5m) in a series A round led by travel agency JTB Group, which invested alongside YJ Capital, the corporate venturing arm of Yahoo Japan, as well as Jafco and Globis Capital Partners. The round, which followed ¥200m in funding from Global Capital Partners and Jafco in… Continue reading Weekly corporate venturing deal net: 20-24 April 2015