Turner, a broadcast subsidiary of media and entertainment group Time Warner, has invested an undisclosed amount in US-based digital media company Refinery29, Recode reported on Wednesday. Refinery29 had previously raised about $80m from WPP Ventures, the strategic investment subsidiary of marketing firm WPP, media companies Hearst and Scripps Networks Interactive, Floodgate, Lead Edge Capital, First… Continue reading Weekly corporate venturing deal net: 11-15 July 2016
Month: July 2016
Panasonic joins Creww to launch accelerator
The electronics producer will seek startups developing technology that can be used for home appliances, work and more advanced equipment, for a Japan-based accelerator.
Morgan Solar beams in $10m
Enbridge and Iberdrola were among the investors that provided the money, which will help the concentrating solar equipment producer increase manufacturing capacity.
Caremerge coordinates $14m
GE Ventures and Cambia Health Solutions returned to participate in another deal for care coordination platform Caremerge, after backing a $4m round last year.
Alphabet Energy goes from B to C round
The waste heat-to-energy technology developer has raised $23.5m in a series C round led by Schlumberger and backed by GM Ventures.
China Bridge provides funding route for iCarbonX
Tencent-backed healthcare data technology developer iCarbonX has followed a $154m series A round in April with $45m from China Bridge Capital.
Endotronix records $32m series C
OSF Healthcare’s investment arm and an unnamed corporate backer both contributed to the heart patient monitor developer’s latest round.
Cheetah Mobile proves key as Kika Tech raises $33m
Cheetah Mobile has co-led a series B extension for smartphone keyboard app developer Kika Tech, adding to a $30.6m first tranche closed in February.
DCM cashes $500m for corporate-backed fund
Baidu, Tencent, Naver, Gree, SoftBank and Qualcomm all contributed to the US venture firm’s eighth flagship fund, the third fund it has raised in the past 18 months.
Birds Eye spots Times for $6m round
Times Internet has led a series B round for the public transport journey planner that included existing backer Qualcomm.
Augmenix organises $6m series E
The oncology radiation gel developer, backed by Varian Medical Systems and Ascension Health in the past, secured the funding from existing investors.
Siluria fuels growth with $45m
Air Liquide and Maire Tecnimont have joined NatPet for a series E round that took the amount raised by the gas-to-fuel company to $170m since 2008.
Second Genome absorbs SR One funding to reach $51m
GlaxoSmithKline’s corporate venturing unit invested $8.4m to strengthen a series B round already including Pfizer, Roche and Mayo Clinic.
UCar to lift itself on to public markets
Alibaba and Legend Holdings are set to exit the chauffeured lift service, spun out of auto rental company CAR in early 2015, through a flotation in China.