GE Ventures has extended its partnership with Startup Health Academy to attract a second group of at least 10 startups to their Entrepreneurship Program.
Month: October 2015
BioWink tracks $7m for series A
BioWink, the developer of fertility tracking app Clue, previously obtained seed funding from investors including Dr Kade and Groupe Arnault.
Roche agrees $105m Adheron acquisition
MedImmune, Amgen and GlaxoSmithKline are all set to exit Adheron in a deal that could potentially rise to $580m if all milestones are met.
SightCall visualises $8.4m series B
Idinvest Partners, a private equity firm backed by media company Lagardère, insurance provider Allianz and state-backed BPIfrance, led an $8.4m series B round for France-based video communications platform SightCall on Thursday. Founded in 2007, SightCall’s technology enables customer support staff to see a user’s issue through the back camera on their smartphone. Users are sent… Continue reading SightCall visualises $8.4m series B
Big Deal: Dianping and Meituan join forces
The merger of Dianping and Meituan is emblematic of the consolidation in China’s internet sector, where growth is essential to prevent being overtaken by businesses with bigger wallets.
GlamSquad raises $15m to join series B league
SoftBank and AOL have both returned to back a $15m funding round for the on-demand beauty service, which has now raised $24m in total.
500 Startups doubles Southeast Asia fund
The firm is now seeking $20m for the fund, and Genting and GS Home Shopping are reported to be among its limited partners.
Salesforce calls on Talkdesk for $6m series A
Salesforce’s strategic investment unit led a $6m extension to the call centre software developer’s series A round, which is now sized at $21m.
Crucial lessons to strengthen venturing success
“Our senior leadership recognised that to be successful, our investment activity had to be sustained over a long period of time.”
Transforming corporate growth through collective disruption
Comment from Michael Docherty, chief executive, Venture2
Corporate accelerators: the jury is still out
I suspect the next three years will bring a more thoughtful and sophisticated approach to innovation.
Weekly corporate venturing deal net: 5-9 October 2015
Chemical producer DuPont has provided an undisclosed amount of funding to US-based genome editing technology developer Caribou Biosciences which will form part of the $11m in series A funding Caribou raised in April this year. DuPont made the equity investment as part of a collaboration and licensing agreement, and joins series A investors including pharmaceutical… Continue reading Weekly corporate venturing deal net: 5-9 October 2015
News round up 12 October 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Entrepreneurs say the future of venturing looks bright
Two-thirds of startups believe corporate venturing investments will increase slightly or significantly over the next few years.