Francesca Domenech Wuttke will lead European digital healthcare investments for corporate venturing unit Merck Global Health Innovation Fund.
Month: May 2016
Viamet shows mettle in second IPO attempt
Viamet, which has raised about $170m from backers including Novartis, Eli Lilly and Astellas, is set to raise up to $91m, after withdrawing its last IPO filing in 2014.
Formlabs marks out Pinshape for acquisition
Pinshape, which operates a 3D printing designs marketplace, had raised $850,000 in seed funding from investors including internet company DeNA.
Farfetch comes back for $110m
The fashion e-commerce company has now raised over $300m in total and will use new investors IDG Capital and Temasek to help it expand in Asia.
CloudHealth gathers $20m
US-based cloud services management platform CloudHealth Technologies raised $20m on Tuesday in a series C round led by Sapphire Ventures, the venture capital firm spun out of enterprise software producer SAP. Scale Venture Partners, 406 Ventures and Sigma Prime Ventures also took part in the round. Jai Das, managing director at Sapphire Ventures, will join… Continue reading CloudHealth gathers $20m
Lenovo puts $500m into corporate venturing fund
The computer and smartphone manufacturer plans to invest in up to 20 companies each year through its Lenovo Capital unit, and to spin out up to 10 internally-founded startups.
Lenskart eyeballs $60m in series D round
IDG Ventures India has returned to back an IFC-led series D round for Lenskart, the eyewear retailer that previously operated as Valyoo Technologies.
Google prepares to set up Area 120
Google is set to establish an internal incubator called Area 120 which will offer successful applicants the opportunity to work on their projects full-time.
Gelt to house startups through corporate venturing unit
The real estate holding company has already invested in Disruptive Media and Trustify through its Gelt Venture Capital subsidiary.
Haven ships in $11m
O’Reilly Media returned for the ocean freight booking platform’s series A round, after contributing to its $3m seed round.
Zooz secures Access for $24m round
Claltech, the Israeli investment vehicle for Access Industries, contributed to a round that will support expansion and product development for the payment technology provider.
Asos and Telefónica fashion UK accelerator
UK-based clothing e-commerce company Asos has partnered Wayra UK, the local accelerator for Spain-based telecommunications firm Telefónica, to create an accelerator program for fashion technology startups. Asos and Wayra are seeking mature startups that can improve customer experience by simplifying and personalising the process of buying fashion items online. Possible investment areas include fulfilment, consumer… Continue reading Asos and Telefónica fashion UK accelerator
Maana feeds investor interest in $26m series B
Maana, the creator of a data analytics technology for industrial assets, has welcomed Saudi Aramco to an investor base already containing GE, Shell, Chevron and Intel.
Nasdaq minds Digital Reasoning for $40m series D
US-based cognitive computing technology provider Digital Reasoning secured $40m in series D capital yesterday, in a round co-led by stock exchange Nasdaq and venture capital firm Lemhi Ventures. Healthcare provider HCA and investment bank Goldman Sachs also participated in the round. Nasdaq’s involvement was first revealed in February 2016, when the two companies disclosed they… Continue reading Nasdaq minds Digital Reasoning for $40m series D