Boku, a US-based mobile payments platform Boku developer that counts telecommunications company Telefónica as an investor, has raised $13.8m in funding. The oversubscribed round featured venture capital firms Khosla Ventures, Benchmark Capital, New Enterprise Associates, Index Ventures and DAG Ventures, as well as undisclosed existing investors. Boku bills itself as “the world’s largest direct carrier… Continue reading Boku carries through $13.8m in new funding
Month: September 2016
Shell sees Sense in $14m series A
Home energy use detection company Sense has raised $14m in a round co-led by corporate venturing unit Shell Technology Ventures and Energy Impact Partners.
Rakuten buys online marketplace developer Fablic
Rakuten has acquired Fablic, the operator of a flea market app called Fril, providing an exit to Colopl and Cookpad, which backed a $9.2m series A round two years ago.
SmartZip ties up $12m
Intel-backed marketing analytics developer SmartZip has attracted $12m in debt financing led by a subsidiary of financial services firm Orix USA.
OncoDNA fits the profile in $8.6m round
The round featured conglomerate Ackermans and van Haaren, Institute of Pathology and Genetics and Regional Investment Company of Wallonia.
RenRenChe motors to $150m
The online car trading platform, which was backed by Tencent at series C stage, has now raised about $260m in total.
Big Deal: Compass locates $75m
The Advance Publications-backed online brokerage has forged a place in a well-packed market and a billion-dollar valuation, showing there is still room for startups in the sector.
Harmsen joins Germany’s Merck Ventures
Sven Harmsen (pictured) has been hired as an investment director for performance materials at Merck Ventures, the corporate venturing unit of Germany-based drugs maker Merck Group. Harmsen had previously been a principal at BASF Venture Capital (BVC), the corporate venturing arm of the eponymous Germany-based chemicals company. Roel Bulthuis, managing director of Merck Ventures, which… Continue reading Harmsen joins Germany’s Merck Ventures
Editorial: How venture investors play PR well
If deal making is the sine qua non of venture then one way to do this polishing is to play public relations well.
Global Venturing Review: 2 September 2016
It has been another exciting week in the venture community and this week’s Global Venturing Review podcast looks at a couple of thought leadership pieces and some of the news highlights.
Corporate venturing deal net: 29 August-2 September 2016
Consumer electronics manufacturer HTC invested $5m in virtual reality content studio Steel Wool Studios on Wednesday, with the funding set to support development of several releases, which Steel Wool claims will combine game, simulation, and narrative-based concepts. HTC, producer of the Vive virtual reality headset, has formed a VR alliance with several other companies and… Continue reading Corporate venturing deal net: 29 August-2 September 2016
News roundup 5 September 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Wipro gains IntSights stake in $7.5m round
Cyber threat detection startup IntSights has completed a series A round that included Wipro Ventures, less than a year after closing a $1.8m seed round.
American Family gets Cozy in $8.5m series B
Property leasing services platform Cozy has completed an $8.45m round led by American Family’s corporate venturing unit.