Mobile news aggregation company Gunosy has provided $5m of series B funding for Indonesia-based counterpart Kurio, TechCrunch reported on Tuesday, citing a regulatory filing. Gunosy’s investment, made at a $12m valuation, follows an undisclosed seven-figure amount from CyberAgent Ventures, internet company CyberAgent’s corporate venturing unit, in late 2014. Forge, the US-based developer of a platform… Continue reading Weekly corporate venturing deal net: 14-18 March 2016
Month: March 2016
News round up 21 March 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Johnson & Johnson launches Belgium-based incubator
JLinx will be based at subsidiary Janssen’s Beerse campus and will be funded by J&J subsidiary Johnson & Johnson Innovation – JJDC.
JVP to head corporate-backed Israeli incubator
Motorola Solutions and Reliance Industries are also part of a consortium that will run a new JVP Labs incubator in Jerusalem.
Pieces Technology picks up $21.6m
US-based health and clinical software company Pieces Technology launched yesterday with a $21.6m of series A funding from investors including private healthcare systems Children’s Health and Order of Saint Francis. Venture capital firms Pacific Advantage Capital Partners and Jump Capital co-led the round, which also featured Parkland Center for Clinical Innovation (PCCI), the independent non-profit… Continue reading Pieces Technology picks up $21.6m
IDG kicks in for $31m Kunlun Fight series B
Kickboxing event promoter Kunlun Fight has completed a funding round that will support the expansion and diversification of its business.
PosiGen beams up $20m
Solar and energy efficiency installation company PosiGen has followed $49m of financing from Goldman Sachs with a $20m round backed by Exelon.
Chi-Med hits Nasdaq in $101m IPO
Pharmaceutical and healthcare company Hutchison China MediTech, which counts Mitsui as an investor, priced its American depositary shares at $13.50 each.
Couchbase relaxes with $30m series F
NTT Docomo-backed database technology company Couchbase has boosted its total funding to $145m as it heads for an initial public offering.
IDG Capital Partners closes healthcare fund
IDG Capital Partners, a venture capital affiliate of technology research and media company International Data Group, has closed a renminbi-denominated VC fund, China Money Network reported yesterday. The size of the fund, which reached its target within four months, has not been disclosed. It will seek out opportunities in the healthcare sector in China. Founded… Continue reading IDG Capital Partners closes healthcare fund
10x Genomics multiplies funding
Softbank has contributed to a $55m series C round for the DNA sequencing technology developer that was led by Fidelity Management and Research.
Sanofi bets $50m on Dice
The pharmaceutical firm has agreed to supply $50m in cash and services to small-molecule drug developer Dice Molecules as part of a collaboration agreement.
BBVA gets eighth Open Talent contest underway
Participating fintech startups will compete for a combined $200,000 in prize money and two weeks immersion with BBVA.
Voke scores $12.6m in Intel-led round
Voke, developer of virtual reality viewing technology for sporting events, has raised $12.6m in a round featuring Intel Capital, A&E and the Sacramento Kings.