Alex McCracken, managing director who had covered VC relations, has stepped up at SVB to help the bank lend about $100m from its new Ireland office, as well as building its startup banking services in Europe more broadly.
Month: June 2016
Rebholz leaves Ignite
Julia Rebholz has joined Corporate Impact-X (CIX), which published a report at the Global Corporate Venturing Symposium last month on practical ways for corporations to follow the Ignite fund set up by UK-based energy utility Centrica.
News round up 6 June 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 30 May – 3 June 2016
Film and television production company Enlight Media has invested an undisclosed amount in Maoyan, the online film ticketing platform operated by China-based group buying company Meituan, China Money Network reported on Monday. The funding was announced shortly after Meitan spun out Maoyan, which claims to have around 120 million users. Biopharmaceutical company Baxalta has invested… Continue reading Weekly corporate venturing deal net: 30 May – 3 June 2016
Investors aggregate series B for Sipai Wangluo
Oncology-focused big data platform provider Sipai Wangluo has reportedly received tens of millions of US dollars from investors including Ping An Insurance.
Fr8 Revolution ships $8.5m investment
Man Truck and Bus has injected cash into the cloud-based platform aimed at the logistics sector, boosting the total funding to $100m.
ExThera filters $15.3m into series B
US-based blood filtering technology producer ExThera Medical closed a $15.3m series B round yesterday that was led by medical device maker Fresenius Medical Care’s investment unit Fresenius Medical Care Ventures. The round included the conversion of notes. Other investors have not been named. ExThera is working on a device named Seraph Microbind Affinity Blood Filter,… Continue reading ExThera filters $15.3m into series B
Tencent helps Tile key $18m series B
Existing investor Tencent has returned for another funding round for Tile, which produces a smart location device that users can attach to keychains.
Loot Crate snatches $18.5m series A
Time and Team Downey have contributed to a series A round for Loot Crate, which operates a subscription box service that delivers pop culture items to fans.
Digit types $22.5m into series B
GV-backed Digit has increased its funding despite still having $8m remaining from its $11.3m series A round a year ago.
Naspers tutors Udemy for $60m
Naspers is set to help online education marketplace Udemy strengthen its position in international markets.
Clearside opens $50.4m offering
Santen-backed Clearside Biomedical, which had raised some $48m in funding, is offering 7.2 million shares on Nasdaq priced at $7 each.
NantHealth personalises $91m IPO
The personalised healthcare subsidiary of NantWorks, backed by Celgene, Blackberry and Allscripts, has priced its initial public offering at $14 a share.
3D Media visualises $10m
The robotics technology developer, a spinout of Ritsumeikan University, has received money from a consortium including INCJ and Mitsubishi UFJ Capital.