Whole Foods has invested a reported $36m in strategic partner Instacart at a $2bn valuation, taking its overall venture funding to more than $310m.
Month: September 2016
Wal-Mart enters talks to drive $1bn Flipkart investment
The big box retail group is beefing up its online commerce activities and could invest up to $1bn in the India-based e-commerce company.
Microsoft Ventures gets the right Mindset
Microsoft has formed a collaboration with investment firm Mindset Ventures to fund Microsoft Accelerator graduates that can serve the Brazilian market.
Daimler’s Startup Autobahn accelerator reaches Singapore
The scheme, initiated in Stuttgart last year, will be replicated in Singapore in partnership with NUS Enterprise and Plug and Play.
Nationwide Children’s Hospital partners Rev1 for $5.5m fund
The healthcare system has joined venture capital firm Rev1 Ventures for a unit that will invest in life sciences spinouts from its research institute.
Iris Capital eyes two new partners
Iris Capital, a France-based venture capital firm that counts telecommunications group Orange and public relations firm Publicis as strategic partners, has hired Stéphane Pesqué and promoted Julien-David Nitlech to partner. Pesqué joined Iris as a partner in charge of early-stage investments in France. He had been managing director of CM-CIC Capital Privé, a private equity… Continue reading Iris Capital eyes two new partners
Wayra joins UK government for cybersecurity accelerator
Wayra UK, an accelerator operated by telecommunications firm Telefónica, has joined forces with the UK’s Department for Culture, Media and Sport and the country’s GCHQ intelligence agency to launch a new accelerator scheme. The program will be aimed at UK-based startups in the cybersecurity sector. It follows an announcement in December 2015 by then-chancellor George… Continue reading Wayra joins UK government for cybersecurity accelerator
Nokia gets out of Intermedia in MDP acquisition
Nokia’s corporate venturing unit has exited cloud enterprise software company Intermedia, four years after investing in the company.
Skyhigh to reach higher with $40m series D
The Salesforce-backed cloud security technology provider has now raised $105m altogether, with Thomvest Ventures leading its latest round.
Finalcad builds $20m series B round
Aster Capital, a VC firm backed by Alstom, Schneider and Solvay, has co-led a $20m series B round for construction software developer Finalcad.
Juzhen coins $23m in series A funding
Juzhen Financials is developing blockchain technology aimed at the financial sector and secured the capital in a round led by Wanxiang Holdings.
ForeScout Technologies explores flotation
Itochu and Intel-backed cybersecurity company ForeScout has entered talks with investment banks to underwrite an IPO that could value it at up to $1bn.
Microsoft gets in Kahoot for $10m round
Existing investor Microsoft Ventures has taken part in a Creandum-led funding round for the educational game development platform also backed by Northzone.
Havas brings corporate venturing fund to market
The France-based advertising and PR firm will provide capital and consulting to Australian startups through its newly formed Havas Ventures unit.