Broadcasting group AMC Networks invested an undisclosed amount in Funny Or Die, the US-based online comedy video producer founded by actor Will Ferrell and director Adam McKay, on Tuesday as part of a collaboration deal between Funny or Die and AMC’s comedy network subsidiary IFC. Funny Or Die received $15m in a Sequoia Capital-backed round… Continue reading Corporate venturing deal net: 14-18 November 2016
Month: November 2016
AllMobilize amasses $15m in series B+ round
Cloud computing technology developer AllMobilize had raised $10m in a June 2015 series B round that featured IDG Capital Partners.
Petuum collects Tencent in $15m series A
The artificial intelligence and machine learning development platform expects to send its first products to market early next year.
Syntimmune sends series A to $26m
The $8m final tranche of the round, which was co-led by Baxalta Ventures, was triggered this week when Syntimmune chose the dose for its lead candidate’sphase 1b/2a trials.
Xangati becomes part of Virtual Instruments
Citrix has exited performance control software provider Xangati, which had raised almost $22m since 2010, in an acquisition by Virtual Instruments.
Seven Dreamers folds in $60m
Joint development partner Panasonic joined investors including Daiwa and SBI for a round that will take the laundry folding robot through to the commercialisation stage.
Babytree to grow with $450m
New strategic partner Fosun led the round, announced this by baby and child social e-commerce platform Babytree but closed in July.
Emera powers up Dalhousie University accelerator
The energy company has provided $7m for the university’s IdeaHub engineering accelerator, which is also supported by Clearwater Seafoods and Micco Companies.
Meitu modifies IPO plans to set $800m target
The photo modification app owner had targeted a $5bn valuation for an initial public offering that would grant exits to Sina Weibo, Foxconn and IDG Capital Partners.
eOriginal manages $26.5m investment
Private equity firm LLR Partners led a $26.5m round for the paperless transaction management company, which received funding from Intel and GE in 1999.
Zwift pedals to $27m
The connected indoor cycling game developer boosted its overall funding to $45m in a series A round backed by bicycle parts provider and existing investor Samchuly.
Mofangge crams in $22m
The online education provider, a graduate of software provider Microsoft’s Beijing accelerator and a portfolio company of the Fosun-backed Kinzon Capital, raised the funds across series B and B+ rounds.
Ava adds series A financing
Global Sources and existing backers Swisscom and ZKB were among the investors in the fertility tracking wristband maker’s latest round, which has been closed at $9.7m.
General Electric cooks up $153m Bit Stew acquisition
General Electric has purchased Bit Stew for $153m, providing an exit to its own corporate venturing unit GE Ventures as well as Cisco Investments.