Corporate-backed weight loss programme provider Finc has received $5.3m in debt and an undisclosed amount in equity funding.
Month: August 2015
Freee unlocks $30m
The Recruit-backed series C valued the accounting software provider at $250m and increased its total funding to $43m.
YouChe tours investors for $18m
China-based online second-hand car retailer YouChe has closed an $18m series B round featuring media and technology company International Data Group’s venture capital affiliate IDG Capital Partners, Asian Venture Capital Journal has reported. Galaxy Capital led the round, with VC fund ZhenFund also contributing capital. Founded in 2013, YouChe operates an online platform for users… Continue reading YouChe tours investors for $18m
Mirantis ups series C to $100m
Intel, which has inked a strategic partnership agreement with the open source software company, led the round, which has been increased from $75m in the past week.
Avegant deciphers $24m for series B
Intel and Lian Luo participated in a series B round which Avegant will use to commercially launch its personal media headset, Glyph.
59Store graduates with $31m
The student-focused e-commerce company has secured $31m ahead of its series B round from investors including existing backer Legend Holdings.
Google Ventures compares itself to peers
Google is second only to Intel Capital, based on number of exits from its portfolio.
Weekly corporate venturing deal net: 17-21 August 2015
Filament, a US-based developer of sensor network technology for internet of things applications, closed a $5m series A round on Tuesday led by Bullpen Capital and backed by Verizon Ventures and Samsung Ventures, the respective corporate venturing units of telecommunications company Verizon and electronics producer Samsung. The round also included Crosslink Capital, Digital Currency Group,… Continue reading Weekly corporate venturing deal net: 17-21 August 2015
News round up 24 August 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Skycatch takes off with $22m
The drone manufacturer and software developer, which is backed by Google and Qualcomm, has now raised more than $38m since it was founded.
AgBiome crops up with $34.5m
Monsanto and Syngenta returned as part of a consortium that increased AgBiome’s overall funding to $49m as it prepares to launch a fungicide next year.
Vicarious gets direct with Samsung and Wipro
The corporates have invested sub-$20m amounts in artificial intelligence technology company Vicarious and are working with the company on joint projects.
Zephyr breezes into $17.5m
Google’s corporate venturing unit led a round that boosted Zephyr Health’s overall funding to more than $33m.
Coca-Cola toasts Suja
Beverage company Coca-Cola has acquired a minority stake in organic drinks company Suja Juice as part of a distribution deal.