Foxconn subsidiary FIH Mobile led the round, and will assist the wearable device maker in product design and development.
Month: August 2015
KDDI fits Cinderella for startup award
Telecommunications form KDDI held a demo day for its eighth cohort of its Mugen Labo accelerator, awarding two awards to fashion e-commerce app Cinderella Shoes.
Chivas Regal toasts The Venture winners
The luxury drinks producer awarded a total of $750,000 to five startups in its The Venture contest.
NantKwest closes IPO at $238m
The Celgene and Sorrento-backed immunotherapy drug developer initially raised $207m when it floated on Nasdaq last week.
Renrenche refuels with $85m from Tencent
Tencent invested in the used car marketplace at a $500m valuation, more than three times that at which it raised series B funding less than a year ago.
Hanjin co-launches Korean internet of things accelerator
The conglomerate has joined with SparkLabs to launch an incubator in the South Korean city of Incheon that will also receive local government backing.
Wolfson says farewell to Nextpeer in $9m purchase
Rakuten-owned messaging app Viber has made its first acquisition, buying Wolfson-backed gaming development software company Nextpeer.
Tujia homes in on $300m
The Ctrip and Homeaway-backed home rental marketplace took its funding above the $460m mark with a series D round featuring The Ascott.
Integral Ad Science qualifies for $67m
Sapphire Ventures has led the $27m equity portion of the round, while Silicon Valley Bank provided the media analysis platform with an additional $40m in debt.
Advance Publications discovers 1010Data in $500m acquisition
Wells Fargo-backed Norwest Venture Partners exited the big data technology provider after investing $35m in 2010.
Uber raises $1bn to take on India
Microsoft and Times Group both invested in the round, which values Uber at $51bn and which was announced just after its plans to invest $1bn in Indian growth.
Crowdcube encloses $9.4m
Numis led the series C round and will assist crowdfunding platform Crowdcube in creating a service enabling users to purchase shares in companies going public.
Fuisz interacts with investors for $10m
Corporate-backed venture Evolution Media Partners led the series A round for the UTA and Science, Inc-backed video advertising technology startup.
Wevr immerses itself in $10m
HTC has purchased a 15% stake in virtual reality platform Wevr in return for $10m in a strategic investment connected to its forthcoming VR headset.