AAA June 2015 – Page 5

OSI grows to £320m with Google’s backing

Oxford Sciences Innovation (OSI), Oxford University’s recently-launched university venturing fund, has exceeded its £300m ($474m) target to raise £320m with the backing of Google Ventures, internet company Google’s corporate venturing unit. Google Ventures was joined by Sir Charles Dunstone, the founder of phone retailer Carphone Warehouse, and a consortium of private investors. OSI’s existing backers… Continue reading OSI grows to £320m with Google’s backing

Weekly corporate venturing deal net: 15-19 June 2015

Travee, a Japan-based travel website that enables visitors to book tours with local residents, obtained an undisclosed amount of seed funding from CyberAgent Ventures, the corporate venturing arm of internet company CyberAgent, and Will Group Incubate Fund, backed by human resources firm Will Group. Japan-based edtech Arcterus raised a $1m seed round from Dentsu Digital… Continue reading Weekly corporate venturing deal net: 15-19 June 2015

Investors light up Aledia’s $31m series B

France-based LED lighting manufacturer Aledia has raised a €28.4m ($31m) series B round from investors including Ikea GreenTech, the corporate venturing arm of furniture retail chain Ikea, and automotive equipment manufacturer Valeo. French state-owned investment fund Bpifrance also invested through its Fonds Ecotechnologies, while Sofinnova Partners, Braemar Energy Ventures, Demeter Partners and CEA Investissements all… Continue reading Investors light up Aledia’s $31m series B