The company, which announced a corporate venturing unit earlier this month, will invest in three to four aerospace, defence or security technology companies a year, it has told GCV.
Month: May 2015
Morningstar points way to $6m for YCharts
The financial data platform has now raised $14.5m altogether after securing funding in a round featuring Morningstar and Reed Elsevier.
Baidu discovers Taboola for ‘multimillion’ dollar investment
Baidu has invested an undisclosed sum in the content discovery platform, which raised $117m in the first tranche of its series E round in February.
Jide mobilises $16m for series A
Foxconn and JD.com have participated in a funding round for Jide, which is developing a custom-engineered version of the Android operating system.
Frutarom flavours offering with $17m Sonarome investment
Flavour and ingredients maker Frutarom plans to strengthen its presence in Africa and India through the investment, taking a 60% stake in Sonarome.
BGF explores investment in Rovop
Corporate-backed fund Business Growth Fund has invested $15.7m in the remotely-operated vehicle maker, which plans to now expand in the Americas.
SVB, UKTI put start-ups ‘on the radar’
One of the great things about corporate venturing is the thrill of mixing established corporations, with all their scale and pedigree, with the most compelling start-ups, with all their energy and innovativeness. Yet the forums for the two worlds to collide are still disparate and fragmented. At Global Corporate Venturing, we are delighted to be… Continue reading SVB, UKTI put start-ups ‘on the radar’
Interview: Mahle to put foot on investment pedal
The engine and automotive technology company plans to step up its corporate venturing activity, Head of Corporate Venture Capital Kai Engelhardt revealed.
JD.com pays $168m tribute to Kingdee
E-commerce company JD.com has agreed to purchase a 10% stake in cloud-based software provider Kingdee as part of a strategic collaboration agreement.
Lyft series E climbs to $680m
Lyft has secured a $150m extension to a $530m series E round led by Rakuten in March, with $100m of the new funding comping from Icahn Enterprises.
News round up 18 May 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 11-15 May 2015
Diamond producer De Beers Group of Companies paid an undisclosed amount on Tuesday for a 33.4% stake in Synova, the Switzerland-based developer of a water jet-guided laser diamond cutting tool. De Beers and Synova plan to collaborate on a fully-automated cutting and shaping system based on Synova’s Laser MicroJet technology. IT services provider Infosys has invested… Continue reading Weekly corporate venturing deal net: 11-15 May 2015
Intel embraces Singaporean Spring for internet of things
Intel and Singaporean government agency Spring are collaborating on an initiative that will help develop the country’s internet of things ecosystem.
Paidy cashes in $8.3m series A
The cardless payment and instant credit subsidiary of Exchange Corporation has closed a round featuring SIG Asia, CyberAgent and Recruit.