Summation Health Ventures, a fund backed by two healthcare systems, was among the investors in a round that will support commercialisation of Gauss’s blood loss monitoring system.
Month: September 2015
Lockheed Martin joins Peleton’s funding cycle
US-based automated safety technology company Peloton Technology has added aerospace company Lockheed Martin to its series A investors, increasing the size of the round to $17m. Car components manufacturer Denso International America and semiconductor technology producer Intel’s investment vehicle, Intel Capital, co-led the round’s $16m first tranche in April this year. Auto parts supplier Magna… Continue reading Lockheed Martin joins Peleton’s funding cycle
Macnica engineers corporate venturing arm
The newly established Macnica Ventures will seek out ICT and emerging technology startups to help extend its reach to markets and businesses.
IDG Ventures USA closes $120m third fund
International Data Group’s US-based corporate venturing affiliate, which makes early stage investments in software developers, has closed its latest fund.
All roads lead to $64m Sadbhav IPO
Road builder Sadbhav Infrastructure Projects secured $31.6m from anchor investors including Tata and Tata AIG Life Insurance as part of the initial public offering.
Uber’s Chinese subsidiary captures $1bn
Baidu followed up its $600m in Uber by participating in a $1bn fundraising for Uber China, which could be set to spin out in an initial public offering.
McRock rolls to $65m to close fund
Venture firm McRock Capital has reached the target for its industrial internet of things fund, backed by limited partners including Cisco and EDF.
Shanghai Pharma targets $471m for fund
The pharmaceutical company has set a $471m target for an investment unit that will fund healthcare startups.