Sumitomo Mitsui Financial Group, Nippon Life and Voyage Group have joined the skills marketplace’s investor base, which also includes Opt and Adways.
Month: November 2015
QikPod locks away $9m
QikPod, which plans to set up a system of delivery storage lockers around India, secured the cash from backers including Delhivery, Flipkart and Foxconn.
Atzuche parks $47m in capital
Atzuche, a car sharing platform with a reputed one million members, has completed a series B round backed by Hearst Media and China Pacific Insurance.
Big Deal: Jet lands on $350m
The e-commerce startup has raised $570m in less than 18 months but may need to harness the expertise of investors Alphabet and Alibaba to compete effectively against the big boys.
Corporates feed Okan with extra funding
Subsidiaries of Yahoo Japan, CyberAgent, Sumitomo Mitsubishi Banking Corporation and Mizuho Bank all contributed to a second round of funding for the food delivery service.
News round up 30 November 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 23-27 November 2015
Jibo, a US-based personal robot producer backed by a host of corporates, received an undisclosed amount of equity funding on Wednesday from venture capital firm Fenox Venture Capital. The company previously raised $36m in a series A round that included laptop and smartphone maker Acer, telecommunications firms KDDI and LG Uplus, video surveillance technology producer… Continue reading Weekly corporate venturing deal net: 23-27 November 2015
Monsanto call gets PlantResponse for $6m series A
Monsanto led the plant genetics technology developer’s series A round through its corporate venturing unit, and was joined by biotechnology company Novozymes.
Rachio rachets up with $7m
The company, which secured Amazon as an investor back in August, has developed an app that helps users save water by remotely controlling their sprinklers.
Allianz and Baidu draw up digital insurance venture
Insurer Allianz and internet company Baidu are combining with Hillhouse Capital to form an insurance company that will target the digital sector.
LeTV calls in $530m for smartphone unit
LeTV Mobile, which has released four smartphones this year, raised the cash from four undisclosed investors and will put the money towards expansion.
Airbus experiments with Indian BizLab
The aircraft producer has already already launched versions of the BizLab accelerator program in France and Germany so far this year.
Didi Kuaidi takes a ride on Ele.me
China’s largest ride hailing company has invested an undisclosed sum in food ordering platform Ele.me, and the two are set to form a strategic partnership.
Cheetah fits into $13m Goqii series A
Fitness coaching app Goqii has received funding in a round co-led by mobile IT technology provider Cheetah Mobile and venture firm New Enterprise Associates.