Israel-based mobile edge computing technology startup Saguna Networks completed a $5m financing round on Monday led by CE Ventures, a fund backed by clients of wealth management and microfinance firm CreditEase, which participated alongside undisclosed existing investors. Cloud services provider Akamai Technologies and SoftBank Ventures Korea, a subsidiary of telecommunications and internet group SoftBank, invested… Continue reading Weekly corporate venturing deal net: 23-27 May 2016
Month: May 2016
OSF clears way for BrightWater’s $5.2m series A
BrightWater Medical, developer of a non-invasive device to treat severe ureteral obstructions, has completed a series A round led by OSF HealthCare.
Affectiva gets emotional for $14m
CAC, Bandai Namco and Sega all took part in the round as new investors, helping the WPP-backed emotion recognition software company boost its total funding to $34m.
Scoop Technologies pools investors for $5.1m
BMW i Ventures and Workday Ventures were among the backers for the first funding round disclosed by the carpooling app developer.
Intermountain hunts down Zebra for $12m round
Advanced radiology startup Zebra Medical Vision will work with the US-based care system to further develop its intelligent imaging analytics technology.
Mithril gives Stem $15m of help
Mithril Capital Management invested $15m to take the energy storage company’s Mitsui and RWE-backed series C round up to $68m.
TransUnion enters Dashlane in $22.5m series C
The digital wallet developer has added its first corporate shareholder in the form of TransUnion, with which it has also entered a strategic partnership.
Cathay Life breathes $10m into $100m Vivo fund
Taiwan-based insurance provider Cathay Life Insurance has provided $10m for US-based healthcare-focused investment firm Vivo Capital’s $100m Vivo Panda Fund I, DealStreetAsia reported yesterday. The fund’s limited partners also include Taiwan Sillicon Valley Technology Fund, a $120m vehicle set up by the Taiwanese government in February 2016 through its Ministry of Science and Technology and… Continue reading Cathay Life breathes $10m into $100m Vivo fund
Corporates prescribe cash for 360 Haoyao
China-based online pharmacy marketplace 360 Haoyao has raised RMB100m ($15.2m) in a series A round featuring telecommunications firm Softbank and pharmaceutical company Eli Lilly, Marbridge Consulting reported yesterday. The corporates invested through their respective local investment units, SB China Capital and Lilly Asia Ventures. Other unnamed investors reportedly also contributed capital to the round. The… Continue reading Corporates prescribe cash for 360 Haoyao
Twilio communicates desire to go public
The Salesforce and Amazon-backed cloud communications company has filed for a $100m initial public offering, having been valued at $1.1bn as of July last year.
Snapchat increases series F round to $1.8bn
The Alibaba-backed social messaging platform has raised $1.8bn since February 2015, with more than $1.1bn coming this year.
Intel Capital completes portfolio review
Portfolio review ended while organisation structured being changed.
Autogrid sources $20m of new funding
Existing investor E.ON came back for a round that increased the energy management software developer’s overall funding to more than $40m.
Arrivo arrives with $49m
Jazz Pharmaceuticals led the initial funding round for the startup, which aims to develop up to six drug candidates using the money.