Sunshine Insurance has led a series C round for fintech startup QuantGroup, while Fosun Capital also supplied funds.
Month: November 2016
Tangdou swings towards $5m
IDG Capital has put money into Tangdou, an app that provides group dance exercises, two months after Legend Capital contributed to a $15m round.
Palantir uncovers $20m investment
RELX and In-Q-Tel-backed Palantir has added $20m to its coffers, following an $880m round in December.
Atopix is $80m acquisition subject
Chiesi Farmaceutici has agreed to acquire Atopix Therapeutics, an indirect spinout of Oxford University, in a transaction potentially worth in excess of $80m.
Stripe continues funding streak with $150m
Visa and American Express-backed Stripe has secured $150m in series D capital co-led by Alphabet at a $9bn valuation, up from its previous valuation of $5bn in July 2015.
Transpod speeds to $15m seed funding
Angelo Investments will collaborate with the high-speed transportation developer to develop a commercially viable technology by 2020.
News round up 28 November 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Edaixi irons out $14m series B+ round
The laundry service provider secured cash from detergent maker Libai Group just over a year after raising $100m from backers including Baidu and SIG China.
500.com bets $16m on Qufan
The online sports lottery service provider has made a strategic investment in mobile poker gaming operator Qufan to develop its games platform.
Corporate venturing deal net: 21-25 November 2016
LifeRobotics, the Japan-based creator of a robot called Coro, has closed a series B round sized at ¥1bn ($8.9m), securing funding from real estate developer Mitsui Fudosan, electronics manufacturer Koden Holdings, Mizuho Capital, a subsidiary of financial services firm Mizuho Bank, investment firm Global Brain and Golden Asia Fund, The Bridge reported on Tuesday. Koden,… Continue reading Corporate venturing deal net: 21-25 November 2016
Autotech and mobility startups with corporate VC backers
The graphics below connects auto-tech and mobility startups with their corporate VC backers
How are non-automotive CVCs filling the holes on the road to autonomous vehicles?
Tom Whitehouse, Chairman, LEIF, and Contributing Editor, Global Corporate Venturing evaluates the role of non-automotive CVCs in the auto-tech sector
Transcriptic gets A-1 result with $13.4m
WuXi AppTec was among the investors in a series A-1 round that increased the GV-backed life sciences researcher’s total funding to $27m.
Who are the Top Corporate VCs in auto-tech?
Tom Whitehouse, Chairman, LEIF, and Contributing Editor, Global Corporate Venturing and Kaloyan Andonov, Reporter, Global Corporate Venturing, discuss the top VC’s in auto-tech