University Corner: Thierry Heles interviews Raphael Hofstein, president and chief executive of Mars Innovation, to learn more about how the organisation commercialises research in Toronto.
Month: October 2015
Monthly Analysis
Clouds clear for global entrepreneurial ecosystem
Government House: Connecting with global venture capital creates new mutually beneficial collaborative possibilities that are necessary in order to build a thriving global business.
Snapdeal ships $20m to GoJavas
Logistics services provider GoJavas has secured more funding from Snapdeal, following a $19.1m investment in March 2015.
CytomX falls short of target in $80m IPO
The Roche-backed oncology treatment developer floated below its range in an IPO in which Pfizer and Bristol-Myers Squibb both acquired shares.
Tado warms up with $17m
Siemens and Statkraft combined to support a series B round that boosted the smart thermostat developer’s overall funding to more than $35m.
Aquto doubles funding with $8m series B
The advertising technology developer has now secured $16m in total funding, following a series B round featuring corporate-backed Iris Capital and STC Ventures.
Ticketfly lands on Pandora in $450m deal
SAP-backed Sapphire Ventures will exit the ticketing technology platform through an acquisition that will expand music recommendation service Pandora’s product offering.
Apus to give startups a $15m boost
App developer Apus has committed capital to invest in India-based startups, with the aim of building a productive startup ecosystem in the country.
Stingray targets AppDirect in $140m series E
Cloud services marketplace AppDirect has now raised more than $245m since 2009, after securing funding at a valuation of more than $1bn.
CareSync joins with Merck for $18m
The chronic disease management platform has attracted pharmaceutical firm Merck as an investor and increased its total funding to more than $22m.
Dianping and Meituan to combine in $15bn merger
The China-based local services and group buying companies had raised a combined $2.6bn from backers including Alibaba, Tencent, Xiaomi, Fosun and Wanda Group.
Quartet orchestrates $23m series A close
The pharmaceutical company has added $6.3m to the $17m raised from backers including Novartis, Pfizer and Partners Innovation Fund last year.
Berliner Volksbank forms strategic investment arm
The $22.5m Berliner Volksbank Ventures unit will target Europe-based startups operating in the financial technology sector on behalf of the bank.