Tyson New Ventures will invest in alternative proteins, food security and using the internet in the food chain and its first deal was backing Beyond Meat, which has created a plant-based protein.
Month: December 2016
Awak Technologies cleans up with $11m
The kidney disease treatment developer secured funding from investors including Baxter Healthcare as it looks to market its products by 2018.
PSA enters Business Lab
The car manufacturer is set to conduct corporate venturing activities through the new unit.
Investors pour $7m into ConnectedYard
US-based internet of things technology developer ConnectedYard closed a $7m series A round on Friday from a consortium that included chemical supplier Lonza. Playground Global and Tandem Capital returned for the round. Playground previously led a $2.2m seed round in September 2015 that also featured Tandem. ConnectedYard has developed product dubbed pHin Smart Water Care… Continue reading Investors pour $7m into ConnectedYard
VW mobilises spinout Moia
Volkswagen has set up a new spinout, called Moia, that will focus on urban mobility solutions.
Wusong courts investors for $17m series B
IDG Capital has returned to back a second round for internet legal services provider Wusong Technology.
Impel Neuropharma to make $36m impact
3M-backed Impel Neuropharma has received an initial $21m of the series C round, with the remaining $15m dependent on development and business milestones.
SoftBank shoots for oversubscribed $100bn fund
CEO Masayoshi Son has said that its joint fund with the government of Saudi Arabia is set to be oversubscribed as SoftBank re-affirms its commitment to invest $10bn in India.
News round up 5 December 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Axial goes with its gut in $19m series A
The Caltech spinout has raised funds from investors including Heritage Medical Systems to develop treatments for neurological diseases.
Corporate venturing deal net: 28 November – 2 December 2016
Active.ai, a Singapore-based artificial intelligence technology developer, has raised $3m from IDG Ventures, the investment affiliate of media company International Data Group, and Kalaari Capital, according to Tech in Asia. Active.ai’s technology can be used to automate customer interactions and is aimed at the financial sector. Healthcare service provider VistaRiver Healthcare Solutions has taken part… Continue reading Corporate venturing deal net: 28 November – 2 December 2016
Jungle Ventures hits $100m target
The Hubert Media-backed vehicle, which will support Southeast Asian startups, is ten times the size of the firm’s debut vehicle, which closed in 2012.
Exeger powers up $5.5m investment
Fortum has invested $5.5m in Exeger Sweden in return for a 5% stake in the solar technology producer.
OrthoSpace moves into $7m round
Johnson & Johnson has joined returning investors including Smith & Nephew to help close a $7m funding round that will support an ongoing regulatory study in the US.