The location data analysis software producer has increased its total funding to date to $31m following a series B round backed by Salesforce.
Month: September 2015
Argus secures $26m series B
Argus Cyber Security will use the funding to hire more developers as demand for safe car connectivity is increasing.
Chain links with corporates for $30m series B
Blockchain technology provider Chain has attracted Visa, Orange, Fiserv, Nasdaq, Citi, and Capital One to its latest funding round.
Field Nation conquers $30m
Susquehanna Growth Equity has led a $30m round for Field Nation, the first outside investment since the platform’s founding in 2008.
Corporates help deliver $35m to Zhai.me
Online-to-offline platform Zhai.me, which targets the student population, has welcomed back Bertelsmann and added Meituan to its list of corporate backers.
Lyft journeys to China for investment
Ride-sharing app Didi Kuaidi, e-commerce company Alibaba and internet company Tencent were among the backers of US-based ride-sharing app Lyft’s $680m series E round, the Wall Street Journal has revealed. The round was raised over two tranches, with internet company Rakuten leading an initial $530m investment in March 2015 and diversified holding company Icahn Enterprises… Continue reading Lyft journeys to China for investment
Dealmaking activity nears bumper year
Corporate venturing dealmaking has been on a tear for more than a year. The frenetic activity is seeing corporate investors in venture capital arouse interest across the entire start-up world. Market tremors do not seem to be slowing corporate venturing down – for now. Even amid turbulent financial markets, in August third quarter investment figures… Continue reading Dealmaking activity nears bumper year
News round up 14 September 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
HookLogic claws in $15.5m
The Intel-backed e-commerce marketing company has now raised $39.3m in total, securing its series C funding as it sold off its automotive division.
AOL to spin out VC database CrunchBase
CrunchBase has drawn up a term sheet for up to $7m of funding and AOL will reportedly remain a significant investor.
Weekly corporate venturing deal net: 7-11 September 2015
Cool Planet Energy Systems, a US-based green fuels producer backed by energy producers Exelon and NRG Energy, industrial conglomerate General Electric, internet company Google and petroleum producers BP, Concord Energy and ConocoPhilips, received an undisclosed sum on Wednesday in a round co-led by Northbridge Venture Partners and Yung’s Enterprise. The company had raised more than… Continue reading Weekly corporate venturing deal net: 7-11 September 2015
Coherix inspects $12m
The manufacturing inspection technology provider received the funding as part of a strategic partnership with lighting equipment maker ShinTai.
Primus stores away $25m
Grid-scale battery developer Primus has now raised $60m in equity after closing a round featuring existing backer Anglo American Platinum.
Weidai finds peer in Hakim
The peer-to-peer lending platform has obtained $24m in series B capital from Hakim, which reportedly also provided its series A funding.