Small molecule cancer drug developer Metabomed raised the cash from investors including Pfizer, Boehringer Ingelheim and co-founder MS Ventures.
Month: April 2016
Telenor Myanmar gets startups on the line
Telenor Myanmar is seeking applications from local startups to take part in its accelerator program and benefit from a $50,000 seed investment.
Ericsson absorbs portfolio company NodePrime
Ericsson has acquired NodePrime, the developer of a data centre infrastructure management system, after taking part in its $7m series A round last year.
Virool markets $12m series A
The series A round, which has been backed by Yahoo Japan, follows $6.6m in seed capital secured by the video advertising platform in 2013.
G7 hauls in $45m in series C round
The logistics platform has expanded its series C round to $45m, following an extension that added to an initial $30m tranche led by Tencent.
Persado follows series C script for $30m
The corporate venturing arms of Citi and American Express reinvested in cognitive content generation platform Persado, boosting its overall funding to $85m.
Interview: Deutsche Telekom Capital Partners’ Jack Young
Deutsche Telekom has made a statement of intent in venture capital by hiring a well-known dealmaker, Jack Young. We caught up with Young to discuss the group’s plans to adopt a third party fund structure, its investment mandate and strategy. Yesterday Global Corporate Venturing revealed Young, who led Qualcomm Ventures’ investment in Fitbit, has joined… Continue reading Interview: Deutsche Telekom Capital Partners’ Jack Young
Orange makes $85m call to Africa Internet Group
The telecommunications company provided the funding a month after the closure of $326m from MTN, Rocket Internet, AXA and Goldman Sachs.
Influenster to spread after $8m Ebates investment
US-based product discovery platform Influenster has received $8m in series A funding from online cashback shopping service Ebates, a subsidiary of internet company Rakuten, TechCrunch reported yesterday. The investment was made as part of a strategic collaboration agreement that also includes Ken Hirschmann, vice-president of strategic alliances at Ebates, joining Influenster’s board to guide that… Continue reading Influenster to spread after $8m Ebates investment
Bats Global to fly to public markets
Shareholders of the trading exchange operator, which include several financial services providers, are set to make between $190m and $213m through share sales.
Softbank helps move $22m into Reonomy
Softbank Capital has returned for a $22m series C round for Reonomy, after previously leading the commercial real estate data provider’s series A and B rounds.
Human Longevity extends funding by $220m
The genomics research company took its overall funding to $300m in a series B round featuring Celgene, existing investor Illumina and corporate venturing unit GE Ventures.
AccorHotels books $168m Onefinestay acquisition
Onefinestay, which closed a $40m series D backed by Intel and Hyatt Hotels in June 2015, also received a $73m investment from AccorHotels as part of the deal.
Xiaomi feeds Hungama in $25m round
The smartphone maker has led entertainment content platform Hungama’s latest round, which also included existing investor Intel Capital.