Sanofi’s corporate venturing subsidiary returned to back a $25m round for drug delivery system company Portal Instruments, closed a year after its $11m series A.
Month: October 2015
Palantir boosts latest round to $555m
The RELX-backed big data analysis company has added $105m to its current funding round, which valued it at $20bn as of July.
Kaleo connects to Qualcomm in $7m round
Qualcomm Ventures took part in an Omers-led round for Kaleo Software, the developer of a connected knowledge platform for employees.
Opinio matters with $7m series A
The startup, which offers a hyperlocal delivery service to small businesses, raised the cash from investors including logistics company Delhivery.
Cube26 now counts Flipkart among investors
Flipkart joined Tiger Global to back a $7.7m round for the mobile technology developer, which is set to enter the internet of things sector.
Illusive Networks secrets away $22m
Citi Ventures was among the investors in the Israel-based cybersecurity startup’s series B round, closed just four months after its launch.
Dyson hoovers up Sakti3 in $90m deal
Solid state battery developer Sakti3 had raised about $50m from investors including General Motors, Itochu and Dyson, now its new owner.
Google voices interest in Mobvoi
Google has invested a sum estimated to be between $30m and $45m in China-based voice technology developer Mobvoi, boosting its overall funding to $75m.
Google Ventures contributes to Collective in $81m round
Collective Health, the developer of a health insurance platform for enterprises, has now raised $119m and will expand out of California next year.
Corporates rush to support $100m Dementia Discovery Fund
The UK government-backed fund has secured commitments from Biogen, GlaxoSmithKline, Johnson & Johnson, Lilly, Pfizer and Takeda.
Brazil says ‘Olá’ to corporate venture capital
Olá from São Paulo, where the national government, through its Apex-Brasil organisation, held the first day of its Corporate Venture in Brasil event on Monday, 19 October, to give the 50 corporations a chance to meet the local star entrepreneurs at the Cubo accelerator. Today we move to the InterContinental hotel in the centre for… Continue reading Brazil says ‘Olá’ to corporate venture capital
Aspiring Minds seeks startups to divide $1m
The employment assessment firm has set aside $1m to support edtech and employment technology startups in India, China and the US at seed stage.
Techstars to hit Target for retail accelerator
Brick and mortar retailer Target has announced it will launch an accelerator programme for retail startups in partnership with Techstars in 2016.
Naia finds Pharco near for $5.3m series A
Pharco Pharamceuticals led Naia’s series A round, which will support the development of drugs including an orphan treatment for SBS.