The semiconductor maker’s technology links up with the robotics technology it is funding through the accelerator, according to its head, Houman Haghighi.
Month: July 2015
BankBazaar sells $60m series C to Amazon
India-based financial services marketplace BankBazaar has secured Rs 3.75bn ($60m) in a series C round led by e-commerce company Amazon, the Economic Times has reported. Fidelity Growth Partners, a subsidiary of financial services firm Fidelity, family office Mousse Partners and venture capital firms Sequoia Capital and Walden International also contributed to the round. Founded in… Continue reading BankBazaar sells $60m series C to Amazon
Intel Capital changes put independent venturing in spotlight
The move to bring Intel Capital under the control of the head of Intel’s mergers and acquisitions group looks set to have ramifications for most people who work in corporate venturing. Many of those who argue that corporate venturing is a profession, prefer to be solely or largely focused on pursuing venture deals. They say… Continue reading Intel Capital changes put independent venturing in spotlight
Wendell Brooks: the man taking on world’s largest VC group
Wendell Brooks, Intel’s president of mergers and acquisitions, is now set to take over running Intel Capital, the largest venture capital group globally with more than $11.5bn invested in its history. Brooks will be jointly running Intel Capital alongside Arvind Sodhani, until the latter steps down in January. Before joining Intel last year as president… Continue reading Wendell Brooks: the man taking on world’s largest VC group
Venturing industry toasts retiring Sodhani
Arvind Sodhani, who is stepping down as head of Intel Capital in January, was praised as the de facto leader of the corporate venturing community.
News round up 6 July 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 29 June-3 July 2015
Automotive manufacturer Daimler has invested an undisclosed sum in US-based telematics technology producer Zonar Systems, Reuters has reported. Daimler, which has been collaborating with Zonar for the past five years on a satellite-based diagnostic system for truck drivers, acquired a stake sized at less than 25% in the deal. US-based pregnancy management app developer Wildflower… Continue reading Weekly corporate venturing deal net: 29 June-3 July 2015
Corporates dish out $6.1m to MangoPlate
Qualcomm, SoftBank and Yahoo Japan have provided series B funding for the Korea-based restaurant discovery platform.
Prevedére to fund future growth with $6.7m
US-based predictive analytics technology developer Prevedére, which counts Norwest Venture Partners (NVP), the venture capital firm funded by bank Wells Fargo, has completed its $6.7m series A round. The round, which was led by venture capital firm PointGuard Ventures, followed seed funding supplied by NVP, Foundation Capital and TechColumbus, then known as Rev1 Ventures. Prevedére… Continue reading Prevedére to fund future growth with $6.7m
Tabcorp bets on Unirkn series A
The eSports platform raised $7m in a series A round that came less than six months after its $3m seed round.
Foxconn helps sort $15.8m for Enevo
Foxconn and its affiliated venture capital firm Ginko Ventures co-led the waste collection management company’s series B round.
PubNub serves up $20m series C
Blackberry-backed firm Relay Ventures and SAP-affiliated Sapphire Ventures both contributed to a round that increased PubNub’s overall funding to more than $35m.
PowerToFly recruits Hearst for $6.5m series A
Hearst Communications was among the investors in the latest round raised by the female-focused online human resources marketplace.
Trucker Path clears $20m in series A
Renren has taken part in a series A round raised by trucking information app developer Trucker Path, which has just launched an online shipping marketplace.