Samsung and Bosch took part in the series A round, which boosted the digital camera technology startup’s overall funding to $8m.
Month: April 2016
Viettel to dial up CVC unit
Vietnam-based telecoms company Viettel will look to invest internationally in startups operating in sectors such as e-commerce, e-healthcare and social networks.
Didi Kuaidi closes in on $1.5bn
Alibaba and Tencent are reportedly both investing in a round expected to close this month which will value the ride hailing service at over $25bn.
Fund in the News: Statoil Energy Ventures
Statoil’s newly formed $200m cleaner energy-focused fund will look to build up a portfolio of 15 to 25 companies in the next four to seven years, according to SEV managing director Gareth Burns.
NHNE buys $40m stake in Ticket Monster
NHN Entertainment has provided $40m for Ticket Monster, whose previous owners have included LivingSocial and Groupon, as part of a round that could reach $300m.
Hertz takes front seat in $50m Luxe series B
Hertz has led a $50m series B round for the on-demand valet parking service, boosting its total funding to $75m.
Tokopedia books $147m in new funding
Online marketplace Tokopedia has raised fresh capital from unnamed investors, following a $100m Softbank-led round in 2014.
Weekly corporate venturing deal net: 4-8 April 2016
Projector, the US-based developer of a messaging and push notification platform for businesses, raised $4.5m on Wednesday in a seed round featuring IDG Ventures, the corporate venturing arm of IT media company International Data Group. Venture capital firm Baseline Ventures led the round, which included Freestyle Capital, SV Angel and True Ventures. JD Finance, the… Continue reading Weekly corporate venturing deal net: 4-8 April 2016
News round up 11 April 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Tengelmann takes a risk on Scalable Capital’s series A
Scalable Capital, a digital wealth manager based on investors’ appetite for risk, has added Tengelmann to its investor base in a $7.9m round that took its overall funding past $12m.
Philips preps Indian healthcare fund
The corporate is in the early stages of setting up an India-based corporate venturing unit that will fund local healthcare technology startups.
Lumos Pharma pulls in $34m
UCB and Roche were among the investors in a Deerfield Management-led series B round that pushed the orphan disease treatment developer’s total VC funding to $48m.
Ele.me and Didi Kuaidi get nearer billion-dollar rounds
Chinese VC funding continues to go strong as Alibaba’s touted 10-figure investment in food delivery platform Ele.me appears to have been closed while Didi Kuaidi prepares to complete its own $1bn round.
Ant Financial raises the bar for latest round
The Alibaba-backed financial services provider is now seeking in excess of $3.1bn which will likely be raised at a valuation of $60bn.