SoftBank took a 20% stake in the Korea-based e-commerce company, as part of a long term strategy that could see it become the world’s largest e-commerce player.
Month: June 2015
Delivery Hero wins $110m
The online food ordering service, backed by Rocket Internet and Tengelmann, has increased its total funding to $1bn, after raising money at a $3.1bn valuation.
Corporate venturing ‘excitement’ hits peak
Our Global Corporate Venturing Symposium gathered 450 people in London last week in the world’s biggest corporate venturing event. Hopes are riding high that corporate venturing is entering a mature phase, with an increased sophistication evident in the way many in attendance are tapping innovation from the entrepreneurial ecosystem. As industry veteran consultant Heidi Mason… Continue reading Corporate venturing ‘excitement’ hits peak
News round up 08 June 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 1-5 June 2015
India-based automotive rickshaw hire service Jugnoo has closed a $5m series A round led by Snow Leopard and backed by mobile payment company Paytm and assorted angel investors from the company’s seed round, IamWire reported today. Jugnoo, which had previously raised $1m in seed funding, launched its service in November 2014 and is reportedly growing… Continue reading Weekly corporate venturing deal net: 1-5 June 2015
Cambia shares in $17m LifeImage round
The medical images exchange platform has now raised about $85m in total, after raising money in a round led by Cambia Health Solutions.
CAA finds Blend in $6.3m series A
Blend, which enables users to nominate others to follow their online trends, has now raised $9m altogether from investors including Creative Artists Agency.
Evolent prices $195m IPO
The healthcare management software provider, backed by UPMC and The Advisory Board, will raise the money in an upsized initial public offering.
Early Stage Report 2015: Methodology
Hypothesis: The more innovative corporations will want to work with the more entrepreneurial-minded universities and public research centres to access the ideas, employees and spin-outs/startups they can use.
Early Stage Report 2015: Introduction
It has become a low-growth world of negative interest rates, creating demand for assets that can yield relatively higher returns. Excluding potential geopolitical shocks that could undermine recent assumptions, globalisation allows capital, ideas and people to flow across borders more easily, while technology is creating a virtual network and ecosystem and sources of disruption to… Continue reading Early Stage Report 2015: Introduction
Skeleton charges up with $11m
Harju Elekter led the ultracapacitor manufacturer’s series B round, which will support an expansion in its workforce and production capabilities.
Carena calls up investors for $13.3m series B
McKesson Ventures, Cambria Health Solutions and Catholic Health Initiatives all contributed to a $13.3m series B round for the telemedicine provider.
Iwode Tailor measures out $24m
The bespoke tailored clothes seller raised the money from Legend Holdings and IDG Capital, the latter of which invested $10m in the company in 2011.
Qianhai connects to Baidu for $11.5m series A
Baidu has also formed a strategic partnership with the bus wifi provider, an affiliate of outdoor advertising company VisionChina, which operates in 18 Chinese cities.