Vegan dairy product developer Ripple Foods has added a GV-led series B round to the $13.6m in series A funding it raised six months ago.
Month: July 2016
Kunlun Tech goes to Nash Work in $30m round
Workspace provider Nash Work has closed a series B round that included a second investment by internet company Kunlun Tech.
Prospective investors seek a place at Freshdesk
Temasek and an undisclosed US strategic investor are reportedly in talks with Google Capital-backed Freshdesk over up to $100m in funding at a $500m+ valuation.
Line walks to $1.14bn IPO
Naver has successfully spun out its Japan-based messaging app subsidiary Line, pricing its shares at the top of their range in a US and Japan flotation.
Big Deal: Oyo books new funding
Oyo Rooms has raised $61.3m from existing investors likely to include SoftBank, as it looks to expand its branded budget hotel experience across India and into adjacent sectors.
Global Venturing Review 9 July 2016
The week’s review of venturing activity across our three titles, Global Corporate Venturing, Global University Venturing and Global Government Venturing.
Weekly corporate venturing deal net: 4-8 July 2016
GE Ventures and Saudi Aramco Energy Ventures, the corporate venturing subsidiaries of industrial product maker General Electric and oil and gas company Saudi Aramco, invested an undisclosed amount in US-based metal additive manufacturing technology provider Desktop Metal on Tuesday, taking its overall funding to $52m. Desktop Metal had raised $47.6m across two rounds, as of… Continue reading Weekly corporate venturing deal net: 4-8 July 2016
Coinbase rings up $10.5m
Strategic partner Mitsubishi UFJ was among the new investors that provided the cash for the Docomo-backed bitcoin exchange, which has now secured more than $115m in total.
CoolaData heats up with $5.6m
Salesforce Ventures was among the investors in a round that increased behavioural analytics platform developer CoolaData’s total funding to $13m.
Fewer but larger deals in Q2
Quarterly analysis: The is a snapshot of the data we have collected on investment activity over the past three months. To cross-check and double-check details of reported deals, we have contacted a large number of corporate investors around the world.
Hanmi hands over $8.7m to corporate venturing unit
Korea-headquartered drug producer Hanmi Pharmaceutical will back biotech and pharmaceutical startups through its newly formed Hanmi Ventures subsidiary.
How entrepreneurs can change the world
“We do not often enough connect the bottom line to efforts to make a safer world.”
Bertelsmann considers helping to grow Treebo
Budget hotel booking service Treebo is reportedly in talks with Bertelsmann India Investments over participation in a round set to be sized between $20m and $25m.
Cambridge wins big returns
University Corner