A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: October 2015
Weekly corporate venturing deal net: 26-30 October 2015
Logistics service provider Delhivery has led a $5m series A round for India-based on-demand delivery startup Parcelled, Times of India reported on Monday. The round also included seed fund Tracxn Labs, which is backed by financial data provider Tracxn Technologies, and followed an undisclosed amount of seed funding from the same two investors in July… Continue reading Weekly corporate venturing deal net: 26-30 October 2015
Unilever connects to US startups
The conglomerate will launch its Unilever Foundry in the US next month, giving participating startups access to its various brands.
NGData gets personal with $10.2m series B
Corporate-backed firm Idinvest Partners has led the latest round closed by NGData, which uses big data analytics to create personalised customer experiences.
FineEx stocks coffers with $31.7m
The Transcosmos-backed e-commerce logistics service raised the cash in a round featuring Transfar.
Salesforce helps deliver $11m to Pendo
US-based analytics software developer Pendo raised $11m in a series A round on Wednesday featuring Salesforce Ventures, the investment unit of cloud computing platform Salesforce.com. Venture capital firm Battery Ventures led the round, while Contour Venture Partners, Core Capital Partners and IdeaFund Partners also contributed capital. Founded in 2013, Pendo offers software-as-a-service that helps developers… Continue reading Salesforce helps deliver $11m to Pendo
MabSpace locates Eli Lilly for $15m series A
MabSpace is developing antibody-based treatments to fight off tumours that are resistant to immune system-based therapies.
Brandwatch series C clocks in at $33m
Gorkana-backed Brandwatch, which enables companies to track discussions about their products online, raised the money in a Partech Ventures-led round.
Two Bit Circus puts on $6.5m show
Intel Capital was among the investors in a round that will be used by the interactive entertainment provider to expand its largest event into a national brand.
Verrilli exits Google Ventures to return to Twitter
Jessica Verrilli has left Google Ventures after less than six months as a partner to rejoin Twitter, where she will be senior director of corporate development and strategy.
Open8 closes $6.6m round
The women’s advertising network secured the cash in a round backed by strategic partners iStyle, Excite Japan and Tokyo Broadcasting System.
Adesto fails to crest with $25m IPO
The memory product manufacturer had raised more than $85m of debt and equity from backers including Applied Materials and Altera.
Hujiang gets $158m education
Hujiang. which claims to be China’s largest e-learning platform, has followed a $100m Baidu investment with a series D round featuring Wanxin Media.
Lacamp decamps to Cathay Pacific
Philippe Lacamp, responsible for establishing Swire’s biotech and cleantech corporate venturing activity, is moving to Swire subsidiary Cathay Pacific.