Nanowire solar cell technology developer Sol Voltaics has raised $12.5m in an Umoe-backed series C round, together with a $4.5m grant from the Swedish government.
Month: May 2016
GV goes to Weaveworks in $15m round
Weaveworks, a developer of cloud application management software, has raised $15m in a GV-led series B round that will support product development, sales and marketing.
Viamet walks away from $91m IPO
The corporate-backed pharmaceutical company has postponed an initial public offering for the second time, a week after it set the terms.
Gree makes play for new fund
Gree Ventures, the investment vehicle of Japan-based online gaming company Gree, has raised ¥4bn ($37m) for the first close of a fund named AT-II Limited Investment Partnership, The Bridge reported yesterday. AT-II is aiming for a $64.5m final close, to be reached by the end of 2016. It has secured commitments from Gree, financial services conglomerate… Continue reading Gree makes play for new fund
G1 raises $47m in series C
MedImmune Ventures, the corporate venturing division of biotechnology researcher MedImmune, has taken part in a $47m series C round for US-based clinical-stage pharmaceutical company G1 Therapeutics. The round was led by Cormorant Asset Management and also featured Aju IB Investment, Cowen Private Investments, Franklin Templeton Investments, Rock Springs Capital, Eshelman Ventures, Hatteras Venture Partners, Lumira… Continue reading G1 raises $47m in series C
Bolt Threads fastens on $50m
Nan Fung has contributed to a series C round for biotech company Bolt Threads, which emerged out of stealth less than a year ago with $40m in initial capital.
Letgo gets $100m with a Wallapop
Naspers-backed hyperlocal marketplace app Letgo has absorbed the US operations of Spain-based competitor Wallapop, picking up $100m from existing backers in the process.
Apple signs up for a $1bn ride on Didi Chuxing
Didi Chuxing, the Chinese ride hailing service formerly known as Didi Kuaidi, has received a $1bn strategic investment from Apple that could form part of a $1.5bn round.
Pivotal reveals series C round’s size as $653m
Parent company EMC converted $400m of debt to equity as part of the Ford, GE and Microsoft-backed series C round closed by Pivotal Software last week.
Eggen nabs Qualcomm Ventures promotion
Patrick Eggen has been promoted by the corporate venturing unit to managing director for North America.
SRA hits Tagit with $9m funding shot
Digital banking platform developer Tagit will use the funding to increase staff numbers at its regional offices in a bid to expand in Asia.
Speakaboos goes to market with $12.5m
The Kyowon and Al Sayegh-backed children’s literacy app developer has raised series B-1 funding that will support the launch of a marketing campaign.
Khazanah Nasional Berhad zooms to $100m Fractal investment
Aimia-backed analytics services provider Fractal Analytics has agreed up to $100m in financing from Malaysia’s sovereign wealth fund.
Corporates get a taste of Cherry’s $170m second fund
ProSiebenSat.1 and Franz Haniel both contributed capital as Berlin-based venture capital firm Cherry Ventures closed its Cherry Ventures II fund.