US-based media and advertising company Martini Media, backed by media company Reed Elsevier, has been acquired by publisher Evolve Media for an undisclosed sum. Founded in 2008, Martini Media focuses on delivering advertising through niche websites frequented by affluent people. In 2013, Reed Elsevier’s corporate venturing arm Reed Elsevier Ventures led a $14m series D… Continue reading Evolve acquires Martini Media
Month: June 2015
Recruit graces Wahanda with another $73m
Recruit, which became the sole external shareholder in the beauty marketplace in May 2015, has provided another round of funding.
InnoSpring raises $5m corporate-backed fund
InnoSpring Seed Fund II has been backed by Legend, IDG, and SoftBank.
Comverse converses with Acision about acquisition
Access Industries-backed Acision is set to receive $135m in cash, 3.13 million shares and potential earnout payments of $35m.
GSK treats new startups to funding
Adrenergics, CadheRx and Calporta are each set to receive up to $10m in series A funding from GlaxoSmithKline and Avalon Ventures.
PolicyGenius accomplishes series A
US-based insurance comparison service PolicyGenius has obtained $5.3m for a series A round featuring Transamerica Ventures and AXA Strategic Ventures, the investment vehicles of insurance providers Transamerica and AXA, respectively. The round was co-led by Karlin Ventures and Susa Ventures and included existing angel investors. Founded in July 2014, PolicyGenius enables users to identify gaps… Continue reading PolicyGenius accomplishes series A
Philo binges on $10m series B
The television platform has secured funding from investors including Home Box Office and CBC New Media.
Actility networks with corporates for $25m
France-based internet of things company Actility has raised a $25m round backed by telecommunications companies KPN, Orange and Swisscom as well as contract manufacturer Foxconn. The round was led by venture capital firm Ginko Ventures and also featured IdInvest Partners, which i backed by insurance conglomerate Allianz, media group Lagardère, and recruitment firm Up Group;… Continue reading Actility networks with corporates for $25m
Fosun increases Bona Film stake
Fosun International has agreed to participate in a transaction deal that values Bona at $832m.
Corporates frequent Doppler’s round
Doppler Labs, a US-based manufacturer of wireless earplugs, has secured funding from entertainment company Live Nation Entertainment, talent agency William Morris Endeavor and record company Universal Music Group. The size of the round has not been disclosed. Concurrently, Doppler is aiming to secure crowdfunding for its flagship product Here Active Listening System and has raised… Continue reading Corporates frequent Doppler’s round
Venturing’s tipping point
As a global, multimedia publishing group dedicated to serving the intermediaries, such as corporations, universities and governments, directing funding to entrepreneurs in the innovation economy, we have expanded over these past five years thanks to your support, feedback and good fortune. (Read Mawson’s slide-deck and those from others at the conference, at this link.) First, an… Continue reading Venturing’s tipping point
Xingkong plays $20m tune
Xingkong, a China-based provider of piano lessons, has secured $20m for a series C round featuring Bluerun Ventures, mobile phone manufacturer Nokia’s former corporate venturing arm, China Money Network reported earlier today. The round was led by venture capital firm Vision Knight Capital and also featured VC firm Shunwei Capital. Established in 2012, Xingkong operates… Continue reading Xingkong plays $20m tune
Didi Dache-Kuaidi Dache books $1.5bn
Backed by Alibaba and Tencent, the ride-sharing app is looking to raise a $1.5bn round to fend off rival Uber.
Sequent pockets series C
The digital wallet platform developer previously closed a $12m series B round led by Sberbank.