Travel booking website Lvmama has received series E capital from tourism company Jinjiang International that increased its total funding to more than $150m.
Month: June 2015
Fund in the News: Comcast Ventures
Dave Zilberman, a managing director at Comcast Ventures, told Global Corporate Venturing about the unit’s enterprise software investments, as well as two of its biggest bets, Zenefits and DocuSign.
China Digital helps switch on $484m fund
China Digital TV will invest $16m in the fund, which will target digital television technology startups operating in its home country.
New Entrant of the Year and Fund of the Year: DRX Capital
The meeting of minds between IT and healthcare is a strategic move that will help accelerate big data convergence in the wider healthcare and life sciences segments. New Entrant of the Year recipient DRX Capital has capitalised on this exciting investment segment with a fellow corporate venturing unit, potentially urging others to co-fund digital health investment opportunities.
Lifetime achievement award: Arvind Sodhani, Intel Capital
As news emerged today that Arvind Sodhani was stepping down as head of Intel Capital in Autumn, we republish our write-up for the lifetime achievement award he received at our Global Corporate Venturing Symposium last month.
Unit of the Year: Merck Global Health Innovation Fund
Merck Global Health Innovation Fund, the corporate venturing unit owned by pharmaceutical firm Merck, has quickly become one of the biggest corporate venturing players in the digital health segment and is dedicating a sizeable amount of its $500m fund to larger deals with private equity and other strategic partners. Given the significant impact it has made over a short period of time, there was a significant number of votes from our advisory board to make it unit of the year.