RegioHelden, a Germany-based local marketing platform backed by publisher Bertelsmann’s corporate venturing unit Bertelsmann Digital Media Investments, has been acquired by out-of-home advertising company Ströer, according to Deutsche Startups. Founded in 2010, RegioHelden provides a local marketing service on search engine Google, delivering adverts only to users who are physically close to the relevant store.… Continue reading Ströer advertises RegioHelden acquisition
Month: June 2015
Beat the Q gets in line for investment
Reinventure, the corporate venturing subsidiary of financial services provider Westpac, is in talks with Australia-based mobile payment services provider Beat the Q, according to Financial Review. Beat the Q has developed a platform that enables customers to pay for the food and drinks on their way to a café rather and speed up the process… Continue reading Beat the Q gets in line for investment
Iris.tv recommends $5.3m series A
US-based video analytics platform Iris.tv has secured $5.3m for its series A round from backers including Bertelsmann Digital Media Investments, the investment vehicle of publisher Bertelsmann, Wall Street Journal reported yesterday. Venture capital firms Sierra Wasatch and Progress Ventures as well as angel investors including executives of media companies Machinima and Lionsgate as well as… Continue reading Iris.tv recommends $5.3m series A
Oil and gas venturing in the first quarter
Global Corporate Venturing tracked six direct investments linked to oil and gas corporate venturing units. There was also one undisclosed fund investment by Chevron Technology Ventures, the sponsor of our research, and an exit by Statoil Technology Ventures.
M&A – a better way for corporates to innovate?
Frost Data Capital sets out its thesis as to how corporates can innovate better with intentional M&A.
Intel manoeuvres Recon acquisition
Intel has acquired its portfolio company Recon, providing an exit to fellow corporate backers Motorola and Kopin.
Seven things I learned at this month’s symposium
1 “Call it uncertainty. Do not call it risk” – Former 3M CEO Sir George Buckley’s advice to delegates is a great mantra for the venturing industry, particularly for those in struggling markets such as oil and gas. One oil and gas corporate VC told me: “I have spent more time on internal communications in the last… Continue reading Seven things I learned at this month’s symposium
Corporate venturing in converging industries
In our series of articles Corporate Venturing on the Test Bench, Martin Haemmig and Boris Battistini review and analyse the latest trends.
A mission to build the future
Andrew Gaule talks to Jeremy Basset, global head of Unilever Foundry
Yahoo Japan devotes funding to Monk’s Hill Ventures
YJ Capital, the corporate venturing arm of internet company Yahoo Japan, has invested an undisclosed sum in venture capital firm Monk’s Hill Ventures’ first fund, TechCrunch reported earlier today. Yahoo Japan is a joint-venture between internet company Yahoo and telecommunications company SoftBank. Founded in 2014, Monk’s Hill is aiming to secure $80m for its inaugural… Continue reading Yahoo Japan devotes funding to Monk’s Hill Ventures
Qihoo 360 may delist
Qihoo, which raised $39m in two rounds backed by IDG before floating on the New York Stock Exchange in 2011, is looking to go private again.
Fetch Robotics catches $20m series A
Fetch Robotics, a US-based provider of robotics for the logistics sector, has received $20m for a series A round led by telecoms company SoftBank’s US subsidiary SB Group. O’Reilly AlphaTech Ventures, the corporate venturing arm of publisher O’Reilly, and Shasta Ventures also contributed. Fetch Robotics’ technology enables autonomous warehousing, including a charging station that robots… Continue reading Fetch Robotics catches $20m series A
Livzon analyses Cynvenio’s $25.5m series B
US-based biotechnology company Cynvenio Biosystems has closed a $25.5m series B round led by healthcare company Livzon Pharmaceutical, and featuring Greenwoods Private Equity Funds, Syno Capital as well as unnamed investors. Founded in 2008, Cynvenio has developed a platform dubbed LiquidBiopsy, which is able to identify rare cancer cells from a standard blood test. The… Continue reading Livzon analyses Cynvenio’s $25.5m series B
FreedomPop leaps at $30m
Corporate-backed Partech Ventures led a series B round for the wireless service provider.