IDG Capital and Carlyle Group have committed to purchasing newly issued shares in publicly-listed real estate online portal SouFun.
Month: August 2015
Google brings investment units under Alphabet umbrella
The new Alphabet conglomerate will oversee Google Ventures and Google Capital, while Google itself will operate as a more slimmed down subsidiary.
La Poste divests majority stake in Xange
La Poste will sell the 90% stake in Xange Private Equity it owns through its La Banque Postale division to Siparex, buying back a 20% share.
McKesson Ventures nets Schulte as MD
Dave Schulte will join McKesson’s corporate venturing fund next month, after 13 years at another CVC unit, Kaiser Permanente Ventures.
Kuaile Shidai installs series E funding
The round is the fifth to be raised by the Kunlun-backed instalment buying platform since its launch early last year.
Editas modifies investor base in $120m round
Google Ventures was among the broad range of backers in the genome editing company’s series B round, bringing its total funding to more than $160m.
Biotech companies sense promise in Sentien
Boehringer Ingelheim and Portage Biotech have provided series A funding to support a Phase 1 clinical trial for the treatment Sentien is developing for acute kidney injury.
Visa sees winners Everywhere
The payments services firm has announced the three winning startups in its Everywhere Initiative, each of which will receive $50,000.
C1X exchanges series A shares for $5.1m
C1X, which operates a programmatic buying platform, received funding from investors including Mynavi and the NEC and Sumitomo Mitsui-backed Innovative Venture Fund.
Editorial: Bridging theory and practice
The strategic alignment between corporates and startups may look good on paper, but as a new report states, sometimes a VC middleman can help in bringing it to fruition.
Fund in the News: Expensify Ventures
Although not strictly a fund, the expense management software developer’s new initiative will involve it making seed investments in compatible startups, CEO David Barrett told GCV.
JenaValve pipes in $26.5m more
Germany-based medical device maker JenaValve Technology raised $26.5m in a third close of its series C round on Friday that featured Legend Capital, the corporate venturing arm of conglomerate Legend Holdings. The third tranche, which increased the size of the round to $99m, was co-led by investment firm Valiance Asset Management and venture capital firm… Continue reading JenaValve pipes in $26.5m more
Kensho Technologies warrants $47.8m series B
Kensho, the Google-backed developer of an artificial intelligence-based financial research aid, has now secured almost $73m in funding altogether.
MorphoSys acquires portfolio company Lanthio
MorphoSys, which owned a 20% stake following Lanthio’s 2012 series A round, paid $22.5m for the remainder of the drug developer’s shares.