GFK has exited network intelligence software producer Qosmos in a $58m acquisition, eight years after it invested.
Month: October 2016
Portag3 secures trio of limited partners
Power Financial Corporation, IGM Financial and Great West-Lifeco have provided the capital for Canada-based fintech fund Portag3.
Goldman Sachs looks to NanoPay in $10m series A
Digital payment platform developer NanoPay secured the funding in a round featuring Goldman Sachs’ Merchant Banking Division.
Promethera relights series C round
Cell therapy developer Promethera Biosciences has raised $11m that will be inserted into an existing series C round featuring Mitsui, Boehringer Ingelheim and LifeLiver.
Kuang-Chi adds $250m to CVC investment capacity
The technology development group has established a $250m second corporate venturing fund, less than six months after its $50m first fund.
Quantenna picks up $107m signal from public markets
US-based wifi technology producer Quantenna Communications floated on Nasdaq on Friday in a $107m initial public offering that provided exits to investors including corporates Telefónica, Swisscom, Vivint and NTT. Quantenna priced 6.7 million shares at $16.00 each, the top of the $14 to $16 range it set earlier this month. The underwriters have the option… Continue reading Quantenna picks up $107m signal from public markets
Wochit reports $13m funding round
ProSiebenSat.1 and Singapore Press Holdings have joined Wochit’s list of shareholders following their contribution to a $13m funding round.
Orvibo devises $16m series B
The round was led by Shenzhen Topband and followed a $12.6m series A+ round last year that included Legend Holdings and Mediatek.
Alibaba to cultivate $1.5bn fund
Alibaba is set to launch a fund aimed at China’s media industry as it also explores the creation of a new subsidiary that would support the digitisation of the cultural sector.
Big Deal: Corporates find Unity
Unity Biotechnology, which raised $116m last week, is the fourth Arch Venture Partners-launched startup to be backed by WuXi PharmaTech.
Corporate venturing deal net: 24-28 October 2016
Kinduct Technologies, a Canada-based developer of human physical performance analysis software, has raised US$9m in a round led by Intel Capital, semiconductor technology provider Intel’s corporate venturing unit, The Chronicle Herald reported on Monday. The round, which also featured CFFI Ventures and Elysian Park Ventures, was disclosed as part of 12 Intel Capital investments, for… Continue reading Corporate venturing deal net: 24-28 October 2016
News roundup 31 October 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Comcast disembarks as Vessel docks in Verizon
Verizon has acquired short-form video platform Vessel, which had reportedly raised more than $130m from investors including Comcast Ventures.
Cloudian grows larger with $41m
Intel Capital, Fidelity and Innovation Network Corporation of Japan returned to take part in a round also backed by Lenovo that took Cloudian’s total funding to $79m.