Internet of things technology developer Sirqul has received $3m from China-based Miteno’s US subsidiary to close its series A round at $9m.
Month: May 2016
Novozymes and DSM provide seed funding for Diva
Non-profit VC partnership Diva Ventures plans to invest in technologies with high potential for positive social impact.
Dataminr gets $130m to sort through
The social media data collector has now raised $180m altogether, after Credit Suisse and Fidelity both made strategic investments in its series D round.
Le Sports turns 17 with $23m
Webcasting platform 17 Media has received $23m in funding from sports media company Le Sports’ Innovation Fund and will invest it in Chinese expansion.
Bankrupt Jumio identifies Centana as buyer
The assets of Jumio, an online credentials authentication company that had raised $35m from backers including Citi, are set to be acquired by growth equity firm Centana.
Nexeon raises $43m in next funding round
The Wacker Chemie-backed silicon anode battery producer will use the capital to acquire intellectual property and invest in development and manufacturing capacity.
Jasper aims for TargetingMantra acquisition
One97 has exited marketing technology developer TargetingMantra following its acquisition by Jasper Infotech, the owner of online marketplace Snapdeal.
Kingsoft Cloud adds $50m to its series C round
Cybersecurity technology provider Kingsoft has contributed to a $50m series C+ round for its cloud computing subsidiary, which raised $60m in series C funding in February.
1366 heats up with $10m Hanwha investment
Solar wafer producer 1366 Technologies has received $10m from Hanwha Investment Corporation to support construction of its first commercial factory.
Starr guides Gushengtang’s $70m series C
Starr Companies has led a $70m round for Chinese medicine provider Gushengtang that also featured insurance firm Ping An.
NantHealth diagnoses public markets potential
The diagnostics technology developer, backed by Allscripts, Celgene and Blackberry, has filed for an initial public offering provisionally sized at up to $92m.
China bites into investment capital
Over the month of April, we have tracked 122 deals worldwide, worth an estimated total of $11.11bn. A majority of those deals took place in North America, the US in particular, as shown on the map below. However, as pointed out further below, China was where a large portion of the capital was deployed. The… Continue reading China bites into investment capital
The origins of success
Alta Innovations, the tech transfer office (TTO) of Birmingham University, is one of the younger actors on the spinout stage. Founded in 2008, the organisation has nevertheless come a long way. It owes much of its success to the vision of chief executive James Wilkie, who joined Birmingham University in 2007 from industry, where he… Continue reading The origins of success
Impact investing, not intent investing
“Working with large-scale commercial enterprises creates greater impact than working with early-stage startups.”