Siemens Novel Businesses has acquired the stake in automated robotics developer Magazino held by High-Tech Gruenderfonds.
Month: July 2015
TrapX springs $9m series B
US-based cybersecurity company TrapX Security raised $9m on Friday in a series B round co-led by subsidiaries of semiconductor technology producer Intel and media company Liberty Media. Venture capital firms BRM Group and Opus Capital also took part in the round. Intel and Liberty invested through their respective Intel Capital and Liberty Israel Venture Fund… Continue reading TrapX springs $9m series B
Read writes off Google general partner position
Peter Read has left corporate venturing unit Google Ventures a year after helping to launch its $100m European investment arm.
Autifony successfully sounds out investors for series A extension
The GlaxoSmithKline spin-out, which is working on treatments for hearing disorders, has raised additional funds to extend the Pfizer-backed round to $36.6m.
Foxconn plans to manufacture startup funding in India
Foxconn plans to set up a corporate venturing fund and incubator as part of a $20bn Indian investment initiative that could also include academic research funding.
Baidu Waimai puts in $200m order
The online food ordering service is looking to raise the cash at an $800m valuation in order to split off from its parent company, internet services provider Baidu.
Corporates join Mobvista backers in $32m series B
Shanghai Media Group and Mango TV both invested in the mobile advertising company’s series B round, secured less than a year after a NetEase-funded series A.
News round up 13 July 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 6-10 July 2015
DMG Information, a subsidiary of media company Daily Mail Group, has agreed to invest “more than $5m” in India-based estate data and analytics provider Liases Foras, the Economic Times reported on Monday. The cash will be used to expand the company’s management team, increase its presence in major urban areas and launch monitoring services and… Continue reading Weekly corporate venturing deal net: 6-10 July 2015
CapAgro grows fund to $67m
The agribusiness venture fund, backed by partners including Tereos, AG2R-La Mondiale and Groupama, has funded eight companies since its April 2014 formation.
Go4Ventures and Centerboard merge operations as Silverpeak
Advisory service Go4 Venture Advisers and investment bank Centerboard Partners will offer advice to fundraising companies and investors under the name Silverpeak.
Ulmart confirms IPO plans in 2016, considers private equity deal in late 2015
Naspers is among the prospective investors in a proposed equity round for the Russia-based e-commerce company that would be raised at a $1.5bn valuation later this year.
DigitalOcean secures Access for $83m series B
The cloud infrastructure provider has now raised $210m in the past 18 months, and will use the Access Industries-led round to expand its engineering team.
Genesis turns it on again for $5.1m
Mitsui and Founders Fund provided the funding, which will support the consumer genomics company’s international expansion.