Salesforce and existing investor Bloomberg combined to support a series A round that will support the marketing intelligence platform’s sales, marketing and product development.
Month: December 2015
Weekly corporate venturing deal net: 30 November-4 December 2015
Video game producer Sega is set to invest “several millions of dollars” in GoGame, the Singapore-based operator of an automated game publishing platform, The Business Times reported yesterday. Japan-based Sega, which provided the cash through its Sega Networks mobile gaming division, was joined in the round by venture capital fund Incubate Fund. Vanitee, the Singapore-based… Continue reading Weekly corporate venturing deal net: 30 November-4 December 2015
News round up 7 December 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Warner Brothers makes Uninterrupted investment
The media group has invested $15.8m in the LeBron James-helmed sporting video content startup as part of a strategic partnership agreement.
Legend to list corporate venturing unit on NEEQ
Conglomerate Legend Holdings has applied to list Legend Capital, which has $1.7bn under management, on China’s NEEQ market.
Baobab to grow higher with $6m series A
The virtual reality animation content and technology developer has received $6m from a consortium of investors including Comcast, Samsung, HTC and Chernin.
Figma interfaces with O’Reilly for $14m
Figma, a US-based developer of web-based interface design software, attracted $14m in a series A round featuring O’Reilly Alphatech Ventures (OATV), the corporate venturing division of media company O’Reilly, yesterday. OATV invested alongside venture capital firm Greylock Partners, which led the round, Iconiq Capital, Index Ventures and assorted private investors. John Lilly, partner at Greylock,… Continue reading Figma interfaces with O’Reilly for $14m
True North navigates its way to $40m
True North Therapeutics, a US-based biotechnology company focused on rare diseases, obtained $40m in series C capital yesterday from investors including pharmaceutical firms GlaxoSmithKline (GSK) and Baxalta. GSK and Baxalta took part through their respective corporate venturing subsidiaries SR One and Baxalta Ventures, investing alongside New Leaf Venture Partners, which led the round, Perceptive Advisors,… Continue reading True North navigates its way to $40m
Uber chases $2.1bn at $65bn valuation
The corporate-backed ride hailing company has reportedly already recruited T.Rowe Price and Tiger Global for a round that would take its overall funding above the $10bn mark.
Boston Scientific helps NxThera nab $40m
NxThera, also backed by Mitsui and American Medical Systems, aims to use water vapour-based treatments to fight prostate and kidney cancer.
Welltok prescribes $45m series E
Corporate-backed Welltok has boosted its total funding to approximately $128m, also acquiring marketing platform Silverlink Communications.
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Spotlight on Max Planck Innovation
Established in 1970, Max Planck Innovation was set up to act as the technology transfer centre for 83 Max Planck Institutes, united under the non-profit Max Planck Society. Originally named Garching Instrumente, the tech transfer office was renamed Garching Innovation in 1993 before taking on its current name, Max Planck Innovation (MPI), in 2006. Ulrich… Continue reading Spotlight on Max Planck Innovation