Campbell Soup has committed the money to a venture capital vehicle called Acre Venture Partners, which will fund food technology startups.
Month: February 2016
Qualia tracks Verizon for $5.5m
The mobile marketing technology provider has now raised $13.5m altogether from investors also including Vodafone.
Bux stocks up with $6.7m
Holtzbrinck Ventures led the round, which the share trading app developer will put toward marketing, product development and hiring.
RES finds space for $10m from Orix
Orix Capital has supplied $10m in equity funding to workspace technology provider RES, which plans to invest in emerging markets growth.
Jana gets access to $57m
Jana, which provides internet access in emerging markets, has raised series C funding from backers including Verizon and Publicis Groupe.
GE finds Motive to invest
Motive Drilling Technologies, an oil drilling guidance system developer incubated by Hunt Consolidated, has raised $10.5m in a series A round co-led by GE Ventures.
Gati analyses logistics of corporate venturing
The delivery and supply chain services provider will target investments in logistics startups and expects to reveal its first portfolio company shortly.
Cala Health shakes $18m out of investors
The stealth-stage Stanford spinout is reportedly developing an anti-hand tremor device, and is backed by Alphabet, Johnson & Johnson and corporate joint venture DRX.
MindMaze maps out $100m Hinduja-backed round
MindMaze is developing a platform for building virtual and augmented reality products and is currently focusing on neuroscience.
Citi funds new payday for C2FO
Citi Ventures has made a strategic investment in business finance marketplace C2FO, adding an undisclosed amount to the $70m it had already raised.
FinLab launches $3m second year
The $30m JP Morgan Chase-backed Financial Solutions Lab will invest up to $3m in graduates from its next batch of startups, and is accepting applications now.
Zoomdata zips to $25m series C
Comcast was among the investors in a Goldman Sachs-led round that took the big data visualisation company’s total funding to $47m.
IAG to expand innovation policy with corporate venturing arm
Insurance Australia Group aims to set up a direct investment unit that will operate under its innovation division, IAG Ventures.
Yello Mobile greets SBI for $30m
Financial services provider and strategic partner SBI Holdings has increased the size of Yello Mobile’s latest round, raised at a $4bn valuation, to $73m.