Norwest-backed Threadflip has shut down and revealed a partnership with Le Tote, though neither company has disclosed whether the deal is a formal acquisition.
Month: January 2016
Best Logistics to package up $700m round
The Alibaba and Foxconn-backed e-commerce logistics company is raising the money in an IFC-backed round intended to precede an initial public offering.
Intel helps relay $15m to Savioke
Intel Capital has led a series A round for the robot developer, which previously obtained seed funding from backers including Alphabet.
Axway programs Appcelerator acquisition
Appcelerator, which had raised approximately $91m in funding from investors including eBay, Sumitomo and RedHat, has been acquired in a cash deal of undisclosed size.
China Internet Plus adds $3.3bn
The listings and group buying platform, formed through a merger between Dianping and Meituan, has confirmed the amount but not the investors.
Felix says hi to corporate LPs
Unilever and Galeries Lafayette are among the limited partners for a $120m fund raised by venture firm Felix Capital Partners.
Bulteau gets Total promotion
Cleantech analyst Edouard Bulteau has moved up to investment manager at Total Energy Ventures, the corporate venturing arm of oil and gas company Total.
Salesforce hunts down FinanceFox for $5.5m round
FinanceFox reportedly built its mobile insurance management platform on the Salesforce platform, and has now raised cash in a round led by Salesforce Ventures.
Tmunity sells Eli Lilly on $10m series A
The pharmaceutical firm’s Lilly Asia Ventures unit is co-investing in the T-cell technology developer with University of Pennsylvania.
GV finds Shape again in $25m series D
Shape Security has now raised $91m in funding since it was founded, after closing a fourth consecutive GV-backed round.
Fan Munce: World of Corporate Venturing 2016 foreword
This is the foreword for our World of Corporate Venturing 2016 supplement, which comes out next week to coincide with our GCVI Summit in Sonoma County, California, by the chair of Global Corporate Venturing’s editorial advisory board, Claudia Fan Munce.
Ten K recharges with $25m
Hanwha-backed solar module maker Ten K Solar has now raised more than $77m in financing after securing $25m from a Goldman Sachs alternative energy fund.
Dayuse finds room for Idinvest in $16m series A
Dayuse, which enables users to book hotel rooms during the day, will use the $16.3m raised in its series A round to expand internationally.
Novimmune system secures $30m
Switzerland-based Novimmune, which counts Fracht as an investor, has now raised almost $230m and is working on cancer, inflammatory and autoimmune disease treatments.