Bloomberg Beta returned for the app testing platform’s series A round, its second funding round in four months.
Month: May 2016
AmpMe finds synchronicity as it raises $8m
The music syncing app developer took its total funding to $10m in a Slaight Music-backed series A round that will fund hiring and product development.
Lumiata finds right result to raise $10m
The healthcare analytics software startup doubled its funding with a $10m round led by Intel Capital that included existing backer BlueCross BlueShield Venture Partners.
Lightbend straightens out with $20m series C
Intel Capital led the round, which increased the app development technology company’s funding to $37m since 2011.
Zubie reconnects to corporates for $6m
Castrol, Nokia, Magna and Comporium have returned to participate in a $6m round for the connected car software provider, which has now raised $32m in total.
Creema rises toward the top with $10m
KDDI followed up a $1m investment two years ago by participating in the craft goods marketplace’s latest funding round, which will support marketing and system development.
Microsoft Ventures gets into direct investments
Microsoft will invest directly in startups through a new fund called Microsoft Ventures, with the old Microsoft Ventures initiative renamed Microsoft Accelerator.
Yuanfudao studies $40m investment
Tencent has supplied capital for Yuanfudao, the edtech company previously known as Yuantiku whose backers also include International Data Group.
Codoon sports $50m series C
The deal marks the first investment for the $400m Focus Media FountainVest Sports JV fund, established last month.
Reata gets $60m reaction in IPO
The biopharmaceutical company, which has raised about $480m in equity funding from backers including Novo and AbbVie, has floated on Nasdaq.
Corporates help TransMedics with $51m funding transplant
TransMedics, a US-based medical device producer focused on making the transport of organ transplants safer, has closed a $51.2m funding round co-led by pharmaceutical firm Pharmstandard International. Pharmstandard, which participated through its InBio Ventures unit, co-led the round alongside Fayerweather Fund, Ervington Investments and BioStar Ventures. Biotechnology company Lung Biotechnology PBC, Abrams Capital, Flagship Ventures… Continue reading Corporates help TransMedics with $51m funding transplant
YG puts on $85m show for Chinese corporates
LMVH-backed K-pop record label YG has received $55m from Weiying and $30m from Tencent, likely partners in a Chinese joint venture.
GCV Symposium 2016: day 2 review
Corporate venturing at its most basic is about finding tools and ways to have an impact on the parent and third party customers, suppliers and other stakeholders so they want to do more with the business. Too often, the shorthand way of looking at the sector is to focus on corporate venture capital (CVC), the… Continue reading GCV Symposium 2016: day 2 review
News round up 31 May 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.