Legend-backed facial recognition technology developer Face++ has added Foxconn to its shareholders in a $100m series C round.
Month: December 2016
Sienna believes in Creabilis
Creabilis has agreed to an acquisition by Sienna Biopharmaceuticals that could exceed $150m in value and provides an exit to AbbVie.
Wistron manufactures $20m fund
Wistron has partnered Fenox Venture Capital to set up a $20m investment fund that will invest in technology startups around the world.
Ascension Ventures rises to $255m fund
Ascension Ventures, the corporate venturing subsidiary of health system Ascension, closed its fourth fund yesterday at $255m, attracting 13 health systems as limited partners. The investors are Adventist Health System, Carle Foundation, Catholic Health Initiatives, CentraCare Health, Children’s Medical Center of Dallas, Dignity Health, Inova Health System, Intermountain Healthcare, Mercy, Novant Health, OhioHealth and OSF… Continue reading Ascension Ventures rises to $255m fund
NFL Players Association scores accelerator
The union representing National Football League players has lined up six partners including semiconductor giant Intel to launch the sports accelerator.
Trivago books IPO trip
The hotel booking service, backed by Expedia, has priced its shares at $13 to $15m and will raise up to $492m in its initial public offering.
Partech concludes $107m fundraising effort
Partech Entrepreneur II, backed by a range of corporates including Carrefour, Edenred, Groupama, Renault and Ingenico, has closed with $107m in commitments.
Metabolon ingests $15m
Precision medicine developer Metabolon, whose backers include Sumitomo, will use the additional $15m from Essex Woodlands to buy back shares.
Share Rocket takes off with $5m
Share Rocket, which offers a social measurement service, has attracted Fox and Tribune Broadcasting as shareholders.
LeadGenius markets series B to more investors
Recruit-backed sales and marketing platform LeadGenius has secured a $4m series B extension from three VC firms to close the round at $14m.
Lemonade stands to benefit from $34m
US-based insurance technology producer Lemonade raised $34m in series B capital yesterday from a consortium that included GV, the early-stage investment unit of diversified conglomerate Alphabet. The round was led by VC firm General Catalyst and further included Thrive Capital, Tusk Ventures, Aleph, Sequoia Capital and XL Innovate. Founded in 2015, Lemonade operates an app… Continue reading Lemonade stands to benefit from $34m
Maris boldly goes to $230m fund
Bill Maris, co-founder of GV who left the unit earlier this summer, is raising a $230m fund that will focus on the healthcare sector.
Analysis: Big Food bites down on venture
The latest in the field is US-based meat processor Tyson Foods, which has hired Mary Kay James from DuPont Ventures to run its new $150m fund.
Dimelow leaves Arm to start a VC firm
Mike Dimelow (pictured), vice-president of strategic business development at Arm, a UK-based chip designer recently acquired by Japan-based internet and phone conglomerate Softbank, has left to co-found a venture capital firm. As reported by sister paper Global Government Venturing last week, UK state-owned development bank British Business Bank invested in Dimelow’s new firm, Accelerated Digital… Continue reading Dimelow leaves Arm to start a VC firm