The pharmaceutical firm’s WuXi Healthcare Ventures unit contributed to a series A round that will support CStone’s drug candidates advance through clinical trials.
Month: July 2016
Fund in the News: Eighteen94 Capital
The Kellogg-founded unit will generally invest between $1m and $3m at a time and the impetus behind its launch was the rate of innovation in food technology, Kellogg’s vice-president of investor relations told GCV.
Goldstein joins Microsoft Ventures
Matthew Goldstein has spent three years investing in cybersecurity, software-as-a-service, fintech and cloud infrastructure deals on behalf of VC firm Trinity Ventures.
News roundup 4 July 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
HPE finds path to Keen IO’s series B round
Hewlett Packard Enterprise has invested as part of the cloud analytics platform’s $14.7m series B, participating through its Hewlett Packard Pathfinder division.
Weekly corporate venturing deal net: 27 June-1 July 2016
Canada-based video distribution and content discovery platform Vemba secured $5m in series A funding on Monday from Bertelsmann Digital Media Investments, the corporate venturing arm of media group Bertelsmann, as well as venture capital firm Upfront Ventures and Enterprise Fund at the John S. and James L. Knight Foundation. Vemba had reportedly already raised $3.3m… Continue reading Weekly corporate venturing deal net: 27 June-1 July 2016
Ancera detects corporates in $8.9m round
The food contamination risk assessment platform has raised money in a series A round that included strategic partners Packers Sanitation Services and Metabiota.
SalvaRx finds Intensity for $10m series A
Immuno-oncology therapy developer Intensity Therapeutics has added a $10m SalvaRx-backed round to $2.25m of earlier financing.
Novel Group heralds series A funding for PredictSpring
Novel’s investment subsidiary Novel TMT Ventures has returned to back an $11.4m series A round for mobile-first e-commerce platform PredictSpring.
Cisco helps instrument Verodin’s series A with $10m
Cybersecurity startup Verodin has closed a series A round backed by Cisco Investments, two months after it came out of stealth.
Blue Whale swallows $15m
The Chinese business media company. a spinout of People’s Daily, has secured series B capital in a round featuring Xiaomi and Cheetah Mobile.
Netradyne goes deep for $16m
Deep learning technology developer Netradyne has secured series A funding from Reliance Industries to help bring its products to market.
JDP gets $17m reaction in series A
Pharmaceutical company CoSci Med-Tech led the round, which will help JDP Therapeutics advance a treatment for allergic reactions in hospitals through phase 3 trials.
Meru Cabs hails $25m investment
Media firm Bennett Coleman & Co has invested $25m in taxi service operator Meru Cabs as part of a round that could eventually reach $100m.