China-based data analysis software producer Gridsum Holding has floated in the US, giving exits to Nokia Growth Partners and Disney affiliate Steamboat Ventures.
Month: September 2016
Bloomberg helps ship $65m to Flexport
Bloomberg Beta made its third investment in the smart freight service, which has now raised $94m in total and is valued in excess of $300m.
Merck Ventures takes a ride on iOMX
Immuno-oncology startup iOmx Therapeutics has raised $45m in a series A round that will support the progress of its candidates to proof-of-concept stage.
Redbird lands at Airware
The drone-sourced data provider had raised $3.2m from Engie, Groupe Monnoyeur and its new owner Airware, which invested through its Commercial Drone Fund.
Gametime closes $20m series B round
The last-minute ticketing app developer has now raised $33m in total, adding GV and the CAA-backed Evolution Media Partners to its investor base.
D.light pleases investors for $22.5m
The Mahindra & Mahindra-backed solar system supplier has closed $15m in series D funding alongside $7.5m in debt and grant financing.
Apptio manages $96m IPO
The business management software producer floated above its range in an offering that allowed Cisco to exit, and which could reach $110m in size.
Qualcomm rings Bell for $12m series A
Bell Education Group operates an online-to-offline business that lets students play educational games after class, while parents can track their children’s progress online.
Xiaochuan Chuhai does its series B homework
Legend Capital has returned to take part in a $60m series B round for the mobile homework app developer, having taken part in its series A round last year.
Neusoft goes to Infinity with $250m fund
Neusoft has partnered Infinity to establish an investment vehicle aimed at helping medical technology startups from Israel boost their business in China.
Big Deal: Alphabet books into Airbnb
Alphabet subsidiary Google Capital’s participation in Airbnb’s recently closed $850m round could presage advice on its newly formed innovation unit, as the company prepares to expand its offering.
Editorial: Smart capital drives industry to its future
Change has come even to the venture industry.
Corporate venturing deal net: 19-23 September 2016
Media group Emtek has led an eight-digit round for Indonesia-based online payment platform operator Kudo that included media company Singapore Press Holdings, East Ventures, 500 Startups, IMJ Investment Partners and Skystar Capital, according to DealStreetAsia. Kudo had previously raised an undisclosed amount across two rounds from Emtek subsidiary KMK Online, Gree Ventures, the corporate venturing… Continue reading Corporate venturing deal net: 19-23 September 2016
News round up 26 September 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.