The company database and news app operator, backed by GMO, Yahoo Japan, Itochu and Kodansha, will float in its home country of Japan next month.
Month: September 2016
FanDuel wins $55m in financing battle
The daily fantasy sports operator, backed by Alphabet, Time Warner and Comcast, has secured convertible debt financing from existing backers.
Interview: Dominique Mégret, Swisscom Ventures
What is Swisscom Ventures’ overall investment thesis? We are the corporate venturing unit of Swisscom group, which is a telecommunications and IT company based in Switzerland, so strategic impact is what we ultimately aim to achieve, on top of good financial results. We invest in core telecom and IT services, in technology that will emerge… Continue reading Interview: Dominique Mégret, Swisscom Ventures
Eneco plans later-stage move
Eneco hired Yme Bosma as its head of corporate venturing and Joeri Kamp as managing director of ventures and innovation in June.
Lussier hits Ridge after leaving Dell
Jim Lussier left Dell Ventures last month after almost five years running the computer producer’s $300m Strategic Innovation Venture Fund.
Von Richter cleans up with Aster move
Andreas von Richter has left Ecomobility Ventures, the VC firm set up by Total, Orange, Peugeot and SNCF, to join another firm backed by a range of corporates, Aster Capital.
Bloomberg gets on Point in $8.4m series A
Point, developer of a home equity investment platform, has taken its total financing to more than $15m with a Bloomberg Beta-backed round.
Home24 takes home another $22m
Existing investors Rocket Internet and Bailie Gifford contributed to the home living e-commerce platform’s latest round, closed at a $470m valuation.
Corporate venturing deal net: 12-16 September 2016
US-based web content curation platform Digg closed a series C round of undisclosed size led by media group Gannet on Tuesday. Founded in 2004 and acquired by Betaworks in 2012, Digg raised $4m from internet company Digital Garage in November 2015, and Gannet’s investment will enable Digg to access local content from the firm’s USA… Continue reading Corporate venturing deal net: 12-16 September 2016
News roundup 19 September 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
SoftBank helps puts $9.4m in packet
Bare metal cloud technology provider Packet has received $9.4m in a series A round led by strategic partner SoftBank.
Eyevensys spies $10m series A close
The ophthalmic disease treatment developer has closed its series A round, which included Boehringer Ingelheim’s corporate venturing unit.
Coocaa pops up with $22.5m
Online video platform iQiyi provided the funding for the smart television maker as part of a strategic partnership agreement.
Hubert Burda-backed Mode shuts its doors
Lifestyle media company Mode, valued at $1bn just three years ago, has shut down after failing to secure financing or a buyer.