The telecommunications company has earmarked 20% of the funds for corporate venturing unit Deutsche Telekom Capital Partners to Israel-based companies.
Month: August 2015
Oncology company Mirna seeks $80.5m from IPO
The cancer treatment developer has raised $94m in equity and grant funding, with Pfizer, Celgene and Baxter among its shareholders.
Schwarz seeks Encore
Meredith Schwarz has left General Mills, where she launched its corporate venturing fund, to join consumer goods-focused private equity firm Encore Consumer Capital.
Startups to pitch for LA Dodgers
Advertising firm R/GA and the Los Angeles Dodgers have revealed the first 10 startups to take part in their newly formed Sports and Entertainment Accelerator.
Coursera plots out $60m series C
The open access education company has raised $49.5m of a $60m round and formed a partnership with new investor Times Internet to help it break the Indian market.
Huochebang dispatches extension to series A
Internet company Tencent led an extension of undisclosed size for China-based trucking logistics platform Huochebang.
Wanxiang falls for InnoSpring
Auto parts supplier Wanxiang has invested $10m in incubator InnoSpring, which helps startups expand from the US into China and vice versa.
Scality weighs up $45m series D
Scality has now raised $80m overall, after strategic partner BroadBand Tower joined the storage software supplier’s existing investors for its latest round.
Cavendish Kinetics radios for $36m
Cavendish Kinetics has not disclosed the investors in its latest round, but counts Qualcomm among its existing shareholders and has raised almost $70m since 2006.
Malin pays $15m house call to HVP
Hatteras Venture Partners could receive up to $20m from Malin for the $150m fund it is raising, having also secured GlaxoSmithKline and LabCorp as limited partners.
SIG pilots $42m Ehang series B
Civil unmanned aerial vehicle company Ehang has raised a series B round as it prepares to target a range of new sectors including logistics.
RainDance withdraws IPO to weather stock market storm
General electric-backed genomics tool developer RainDance Technologies has called off its initial public offering after raising more than $100m in equity.
Navigating Cancer finds its way to $10m
Merck has led a funding round for Navigating Cancer, which supports cancer patients by keeping them actively informed about their care.
Umehag takes on CFO role at BP Ventures
Jens Umehag will act as the corporate venturing unit’s chief financial officer in addition to serving as head of finance for BP’s Group Technology division.