Tencent previously invested $106.5m in the health information portal in October 2014.
Month: September 2015
Q&A with Kirill Mudryy, Enso Ventures
Enso Ventures is a private investment company based in London and New York that invests in Materials-Technology and Biotechnology in Europe and the US. Enso looks for early-stage companies with the following attributes: – Disruptive technology platforms with products that address unmet needs in high growth markets– Potential to become market leaders– Strong IP– Capable… Continue reading Q&A with Kirill Mudryy, Enso Ventures
First Data splurges on Spree Commerce
Spree Commerce has been acquired by First Data, providing an exit to shareholders including AOL.
Merck and Eli Lilly simply back Just Biotherapeutics
On top of securing $15m in series A funding, Just has also entered into a collaboration agreement with Merck.
Investors get into Headspace for $34m
Meditation app developer Headspace has attracted $34m in a round that included William Morris Endeavor.
Portea accesses $37.5m series B
Qualcomm has returned for Portea’s second funding round, which will support an expansion across India.
GCV looks to the future with Rising Stars
Global Corporate Venturing is proud to announce Rising Stars, a special report which will highlight the next generation of talent in the corporate venturing world.
SJ Semiconductor secures $280m
Qualcomm and Semiconductor Manufacturing International have signed a letter of intent to invest in the semiconductor technology services provider.
IDG helps inject up to $700m in SouFun
Publicly-listed SouFun was initially reported to have attracted a $1bn commitment from IDG Capital Partners and Carlyle Group.
Nabriva prices IPO at $92.3m
Novartis-backed Nabriva has floated on Nasdaq, raising the amount of proceeds it expected when it filed in June 2015.
Qualcomm lays down startup gauntlet with founding story
Entrepreneurs are challenged to have “vision” in rare joint appearance of Qualcomm’s Irwin and Paul Jacobs (pictured speaking with Nagraj Kashyap, the head of Qualcomm Ventures).
News round up 21 September 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 14-18 September 2015
US-based digital learning platform Planet3 attracted $10m in series A funding from data centre operator Switch. The company expects to release its first product, focusing on earth, life and physical sciences and targeting school children aged 11 to 15, in autumn 2016. Samsung Ventures, the corporate venturing arm of electronics conglomerate Samsung, has led a… Continue reading Weekly corporate venturing deal net: 14-18 September 2015
Axel Springer explores Business Insider acquisition
Media company Axel Springer currently holds 7% and may acquire a majority stake for several hundred million dollars.