A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: November 2015
Weekly corporate venturing deal net: 2-6 November 2015
Conglomerate Access Industries has invested $5m in a seed round for US-based Monclarity, which produces a brain training application named Brainwell. The smartphone app aims to improve a user’s problem solving, memory, vision, attention, language and critical thinking skills. Sekai Labs, a Japan-based outsourcing service aimed at app developers, has received $3.3m from Pasona Tech,… Continue reading Weekly corporate venturing deal net: 2-6 November 2015
Interlude gets a break with Samsung investment
Samsung Ventures, the corporate venturing unit of consumer electronics company Samsung, made an investment of undisclosed size in US-based media company Interlude yesterday. Founded in 2008, Interlude’s technology analyses a viewer’s emotions and reactions to create interactive media. The company has created interactive content for broadcasters such as BBC and MTV and drinks company Coca… Continue reading Interlude gets a break with Samsung investment
Anoto composes Livescribe acquisition
Smart pen maker Livescribe is set to be bought by peer Anoto for $15m, providing an exit to Qualcomm, Sumitomo and others.
500 Startups boosts Southeast Asia fund again
The fund, reportedly backed by Genting and GS Home Shopping, has been increased to $22m.
Netatmo measures $32m series B
Netatmo, a France-based producer of internet of things devices such as smart thermostats, has secured €30m ($32m) in series B funding led by building infrastructure services provider Legrand, TechCrunch reported yesterday. Iris Capital, a venture capital firm backed by telecoms company Orange and advertising firm Publicis, France’s sovereign wealth fund Bpifrance, angel investor Pascal Cagni… Continue reading Netatmo measures $32m series B
Juhe.cn analyses $34m series B
The data analytics company has raised funding from a consortium including JD.com and expects to proceed to an initial public offering next.
Solid GT strengthens funding
Biogen has co-led a $42.5m series B round for the developer of treatments for muscular dystrophy.
Boxed Wholesale to bag $80m from Alibaba
Bulk food delivery service Boxed Wholesale is in talks with Alibaba to secure approximately $80m.
Kura raises $50m in IPO
Fidelity-backed biopharmaceutical company Kura floated on Nasdaq yesterday and will use proceeds to fund clinical trials.
China Huarong celebrates $2.3bn IPO
State-owned debt management firm China Huarong Asset Management raises $2.3bn in its IPO, falling short of its $3bn target.
Microsoft launches Vietnam accelerator
The Clas-Expara Vietnam accelerator will offer a four month programme during which Microsoft will assist with the development of go-to-market strategies.
WakingApp’s series C dream becomes reality
Israel-based virtual reality technology producer WakingApp obtained $4.3m in series C funding yesterday from investors including games developer Youzu Interactive and an unnamed China-based internet company. Inimiti VC and Globis Capital also backed the round. Founded in 2013, WakingApp provides a range of tools to easily and quickly create augmented reality content. The money will… Continue reading WakingApp’s series C dream becomes reality
GSK helps treat Atreca to $56m
The therapeutic antibodies developer has closed its series A round backed by GlaxoSmithKline.