Robert Bosch’s corporate venturing unit now has roughly $480m under management, launching its third fund and disclosing its latest investment, in irrigation technology developer CropX.
Month: April 2016
ViewLift moves up with $8m
Comcast and Clark Construction, both backers of video monetisation platform ViewLift’s parent company, SnagFilms, are among the investors in its first external round.
Twiggle series A search finds Naspers
Naspers led a $12.5m round for the e-commerce search engine technology developer that also included Yahoo Japan.
Amazon helps transmit $12.5m to Luma
Luma will begin shipping its Surround Wifi systems in June, having raised series A funding from investors including Amazon Alexa Fund.
Sirbu swings to BlueVine
Ana Sirbu, a manager at Google Capital who specialised in fintech, has joined working capital provider BlueVine to oversee its financial management and growth strategy.
Rakuten Ventures ploughs another $100m into corporate venturing
The corporate venturing unit doubled the size of its internationally-focused Global Investment Fund to $200m and now has a total of $285m under management.
AirMap locates $15m
Legend Holdings-backed startup AirMap has received series A funding to accelerate development of its drone airspace management tools.
Cloud storage specialist Datera reveals $40m of funding
Samsung is among the investors to have provided $40m for Datera, a cloud storage technology developer that emerged from stealth today.
Oyo Rooms upgrades with another $100m
India-based budget hotel booking platform Oyo Rooms has raised $100m in fresh capital from existing investors including telecommunications and internet company SoftBank, the Hindustan Times reported yesterday. Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital, DSG Consumer Partners, accelerator Venture Nursery and an unnamed sovereign wealth fund also contributed to the round. Founded in 2012, Oyo… Continue reading Oyo Rooms upgrades with another $100m
Corporates score big returns as Alibaba invests $1bn in Lazada
Rocket Internet and Tesco sold stakes sized at $137m and $129m respectively as Alibaba took a 67% stake in the Southeast Asia-focused e-commerce company.
Adavium funds diagnostics acquisitions with $21m
Henery Crown and Company joined the Brazil-based medical device and diagnostics equipment supplier for a series C round that boosted its total funding to $47m.
Teralys Capital surges to $290m for latest fund
OpenText and Knight Therapeutics were among the limited partners as Canada-based Teralys reached the final close of its Teralys Capital Innovation Fund.
GV celebrates Carnival.io exit
Sailthru has bought mobile marketing technology company Carnival.io, which had raised $2.4m from backers including GV, for an undisclosed amount.
X.ai meets with SoftBank for $23m series B
SoftBank has made its third investment in X.ai, which is developing an electronic personal assistant that can schedule meetings, bringing its overall funding to almost $35m.