A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: August 2015
Weekly corporate venturing deal net: 3-7 August 2015
US-based digital video advertising technology startup Fem has raised $3m in seed funding from entertainment and media conglomerate The Walt Disney Company, which invested through its Disney Accelerator, as well as Javelin Venture Partners and Mesa Ventures, the Wall Street Journal reported on Monday. Fem secured the capital at the same time as it launched… Continue reading Weekly corporate venturing deal net: 3-7 August 2015
BGF invests $16.9m in Altec and PPS
CNC equipment maker Altec received $9.3m from Business Growth Fund and returnable transit packaging producer PPS $7.4m.
Jibo closes series A at $36m with corporate help
Jibo, the Samsung-backed developer of a helper robot, has extended its series A round by $11m with backing from Acer, Dentsu, KDDI, NetPosa and LG Uplus.
Haochushi brings home the bacon in $16m round
On-demand chef service Haochushi, backed by conglomerate Shanghai Zhonglu, has raised $16.1m in series B capital, increasing its total funding to $21.8m.
Mogujie helps Taoshijie fashion $30m
Mogujie led the online luxury goods retailer’s series B round, closed alongside a strategic collaboration agreement between the two companies.
Orvibo gets smart for $12.6m series A
The smart home technology developer has brought Legend Holdings and Mediatek into its investor base as it looks to form partnerships with home appliance producers.
Youku Tudou launches billion-dollar funding initiative
Video streaming platform Youku Tudou has funded five startups, including a $50m investment in video portal AcFun, as it rebrands as an original content producer.
Aihuishou refreshes itself with $60m
Aihuishou, an online platform for consumers to sell used electronics, has secured series C funding from investors including e-commerce company JD.com.
Ezetap sells investors on $23.5m series C
The American Express-backed mobile payment technology provider has now raised $35m since it was founded in 2011.
Axel Springer exits Runtastic in $239m deal
The media company held a 50.1% stake in the running and cycling app developer, which has been bought by Adidas, having invested an undisclosed sum in 2013.
Practo books $90m appointment
The healthcare booking platform has now raised $120m this year, after closing a series C round led by Tencent that also featured Google Capital.
InfoBionic monitors $8m
Blue Cross Blue Shield of Massachusetts was among the series B-1 investors, adding to the $17m of series B cash secured by InfoBionic in April 2014.
CashStar is gifted with $15m
US-based digital gift card service CashStar raised $15m yesterday in a series D round featuring Intel Capital, the corporate venturing arm of semiconductor technology producer Intel. The round was led by growth equity firm FTV Capital and also included Mosaik Partners, Passport Capital, North Hill Ventures and a range of existing, unnamed backers. CashStar’s service… Continue reading CashStar is gifted with $15m