Trove Predictive Data Science, which is targeting its business analytics software at energy utilities, has pulled in equity financing from backers including Avista, Itron and Ecova.
Month: April 2016
BugCrowd swarms to $15m
Salesforce Ventures has come aboard as an investor for crowdsourced cybersecurity company BugCrowd’s series B round, bumping its overall funding to $24m.
PrecisionHawk swoops in for $18m
Verizon, NTT Docomo, Yamaha Motor and USAA joined existing investor Intel for a series C round that boosted the drone software developer’s total funding to $30m.
GV detects Anomali for $30m series C
Anomali, the cybersecurity company formerly known as ThreatStream, took its total funding to $56m in a round which included its third investment from GV.
Hikma generates $30m corporate venturing arm
The generic pharmaceuticals manufacturer has launched a corporate venturing subsidiary with an initial commitment of $30m.
Big Deal: Rakuten leads $120m Cabify series C
The Japan-based e-commerce group’s investment in ride hailing platform Cabify illustrates how e-commerce businesses cannot afford to be pure play anymore.
Hua raises $50m to advance diabetes treatment
Wuxi PharmaTech has returned to help fund Hua Medicine’s series C round, after previously taking part in its $50m series A and $25m series B rounds.
Sirin rings up $72m
The secure smartphone manufacturer has received $72m in capital from investors including Renren ahead of a planned product launch next month.
Weekly corporate venturing deal net: 18-22 April 2016
Mobile and online game developer Kingnet has invested $5m in Sphericam, the US-based creator of a virtual reality camera that can self-stitch and livestream 4K quality video in real-time, as part of an increased focus on VR content. Production of the startup’s Sphericam 2 camera is set to begin in July this year, with shipping… Continue reading Weekly corporate venturing deal net: 18-22 April 2016
News round up 25 April 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
SoftBank climbs aboard Yummy Express for $10m round
The China-based last-mile food logistics service has completed a series C round featuring SoftBank’s local corporate venturing subsidiary, SBCVC.
TrapX captures additional series B funds
Intel and Liberty Media are among the investors in TrapX’s series B round, which has been increased to $14m after a $5m investment by Strategic Cyber Ventures.
1mg weighs up $15m
Bright Lifecare’s prescription services spinout has secured $15m in series B funding, following a $6m Intel-backed round last year.
Enterome digests series C funding
Enterome Bioscience, a France-based company developing drugs and diagnostics based on the gut microbiome, received €14.5m ($16.3m) in series C financing on Wednesday from backers including pharmaceutical firm Lundbeck and food producer Nestlé. The corporates, which participated through their Lundbeckfond Ventures and Nestlé Health Science units respectively, were joined by investors including venture capital firm… Continue reading Enterome digests series C funding