Previously backed by Google, the telemedicine provider has now also added Qualcomm to its backers.
Month: June 2015
CytomX triggers $70m series D
Fidelity has led the latest funding round for the Pfizer and Roche-backed antibody developer CytomX.
Cohesity materialises with $70m
The data storage company has emerged out of stealth and revealed it has raised funding from Google and Qualcomm.
SoftBank savours $236m investment
US-based telecoms company SoftBank, which operates a corporate venturing unit itself, has attracted a $236m investment from e-commerce company Alibaba and contract manufacturer Foxconn, TechCrunch reported earlier today. The deal gives Alibaba and Foxconn a 10% stake in SoftBank’s subsidiary SoftBank Robotics, while SoftBank retains a 60% stake. The investment comes as SoftBank prepares to… Continue reading SoftBank savours $236m investment
Fitbit runs towards $731.5m IPO
The fitness tracker producer initially hoped to raise $448m through its initial public offering, but has increased the pricing to $20 a share.
Healthcare proves an attractive proposition
It has been another busy year for corporate venturing in the healthcare sector, with several big exits, new corporate venturing subsidiaries and a range of new funds backed by corporates. Investments in the healthcare sector were not made solely by corporates in that industry, with internet company Google’s unit Google Ventures recognising the high potential and committing more… Continue reading Healthcare proves an attractive proposition
Virtual reality: moving from fiction to fruition
The head of corporate venturing relationships of SVB takes us on a virtual reality tour.
Snapshot of an industry in growth mode
Our symposium at the beginning of June provided a great insight into what is happening in corporate venturing as it turns into a fundamental part of corporate strategy. As you can see from the pictures in this month’s issue, the corporate venturing industry’s leaders were out in force, with more than 450 attendees representing companies with more than… Continue reading Snapshot of an industry in growth mode
IDreamSky imagines going private
Chief executive Michael Xiangyu Chen hopes to buy out external shareholders including Legend and Tencent.
News Corp increases PropTiger stake to 30%
The media company has invested an undisclosed amount to increase its stake in the online property listings site by 5%.
Times Internet feeds JiffStore
JiffStore will use the fresh funding to expand its mobile commerce platform for grocery stores into three more Indian cities.
Crocus processes $21m series E
Ventech and corporate-backed IdInvest have participated in a series E round for the mangetic sensors manufacturer.
Studitemps has time for $13.5m series C
Student job platform Studitemps has received $13.5m from investors including XAnge and corporate-backed Iris Capital.
La Ruche Qui Dit Oui says yes to $9m
XAnge has contributed to series B funding for the food marketplace also known as The Food Assembly in the UK.