Internet company Yahoo’s first accelerator programme will launch in Israel in September 2015, in partnership with computing company Microsoft and venture capital firm Entrée Capital, Globes reported on Sunday. The SigmaLabs accelerator is set to welcome four or five startups for its first cohort, and will focus on the big data, video, financial technology and… Continue reading Yahoo accelerates in Israel
Month: July 2015
Ecovent conditions $6.9m series A
Electronics maker Emerson led the air conditioning technology company’s series A round, bringing its total funding to $10.3m.
Second time lucky for DraftKings as it secures $300m
Fox Sports invested $150m in the round, acquiring an 11% stake in the fantasy sports company, whose $250m deal with Disney fell through in June.
Alibaba and Nvidia console themselves after Ouya exit
Games console maker Ouya, which has raised $25m in VC money, has been acquired by Razer, providing an exit to Nvidia and Alibaba.
Oncobiologics conducts $31m series D
Oncobiologics, a US-based biosimilar producer backed by pharmaceutical company Strides Arcolab, raised $31m in a series D round led by hedge fund Perceptive Advisors yesterday. Cormorant Global Healthcare Master Fund, Longwood Capital Partners, VenBio Select Fund, Proximare Lifesciences Fund, OSSB Pharma Fund and MIH Fund also took part in the round. Founded in 2011, Oncobiologics… Continue reading Oncobiologics conducts $31m series D
Square circles public markets
The mobile payment company has filed confidentially for an initial public offering that would grant exits to Visa, Citi and Starbucks.
Pepperfry heats up with $100m series D
The lifestyle e-commerce company has secured series D funding in a round that included existing backers Bertelsmann and Norwest.
Xange chairman Schricke looks to Africa
Hervé Schricke is set to leave his position as chairman of Xange Private Equity, the France-based private equity fund backed by postal service La Poste, at the end of this month. Shricke helped to launch Xange at its launch in 2001 as CEO, before moving sideways in September 2014 to become chairman. Schricke will form… Continue reading Xange chairman Schricke looks to Africa
Vizio screens markets for $172m IPO
The flat screen television producer, backed by two of its manufacturing partners, is set to go public 13 years after it was founded.
Hometeam reveals $11m series A win
The care services app developer revealed the Recruit-backed round at the same time as its US expansion plans.
Grace Beauty gets good results from GraphScience funding
Grace Beauty-backed advertising optimisation platform GraphScience has been acquired by adtech company Centro for an undisclosed sum.
Chinese CVC investing unbowed by market tremors
It has to be wondered if the indiscriminate sell-off in Chinese equity will temper aggressive venture investing by Chinese companies. To date we have seen no sign of this happening, however.
Duzhoumo gets break with $20m
Legend Holdings has led a series A round for Duzhoumo, the developer of a weekend-focused travel services platform.
ViewRay oversees funding and reverse merger
Siemens-backed cancer therapy developer ViewRay has raised $26.7m in equity and gone public through a reverse merger with a shell company.