KTB Ventures has added $7.4m to a round already featuring Digital Garage, extending it to more than $17m in the process.
Month: December 2016
Volution enters Breathing Buildings in acquisition deal
BP has exited ventilation system producer Breathing Buildings in an acquisition by ventilation product maker Volution Group.
FlatFrog jumps to $6.5m
FlatFrog Laboratories, a Sweden-based touchscreen technology developer backed by semiconductor maker Intel, has raised SEK60m ($6.5m) at a $22.6m valuation, Di Digital has reported. Venture capital fund Invus led the round, which also featured VC firm Sunstone Capital and company founder Christer Fåhreus. The latter two invested SEK42m in April this year but it is… Continue reading FlatFrog jumps to $6.5m
Legend Capital books into $100m Atour Hotel round
Boutique hotel company Atour Hotel raised the cash in a round co-led by the corporate venturing unit and ex-Alibaba CEO Jonathan Lu.
Koubei set to collect $1.2bn
The Alibaba-founded online services platform is set to raise the funding from Silver Lake Management, CIC, Primavera Capital and CDH Investments at an $8bn valuation.
Voyager flies into $100m
Voyager Labs, an Israel-based artificial intelligence software provider, has raised $100m from a consortium including New York-listed database system Oracle. Formerly known as Voyager Analytics, Voyager Labs emerged from stealth having been founded in 2012 and the $100m is the aggregate for the amount it has raised over three rounds since then. Oracle invested through… Continue reading Voyager flies into $100m
Corporate venturing deal net: 19-23 December 2016
US-based semiconductor technology developer IQ-Analog Corporation has raised an undisclosed amount in a series B round led by aerospace company Lockheed Martin through its Lockheed Martin Ventures unit. IQ-Analog had closed $5.6m of an $8.1m round as of October 2016 according to a regulatory filing, but has not confirmed whether the funding represented part of… Continue reading Corporate venturing deal net: 19-23 December 2016
2016 Roundup: Intel
Intel Capital modified its investment structure in 2016 and pledged to cut its portfolio by around 25% in the next five or six years while increasing its investment sizes.
Investors transfer $5.8m to Wyre
The blockchain-equipped cross-border payment platform has received series A funding in a round backed by 9fBank and Baofoo.com.
IguanaFix puts together $16m series B
The home improvement services platform took its overall funding to $20m in a Temasek-led round that included Qualcomm Ventures.
Standard Chartered provides $17m in financing to IFMR
Local finance facilitator IFMR Capital is set to eventually receive $50m from the bank, which is making the investment through its private equity arm.
Axoni accepts $18m in series A round
Wells Fargo and Icap subsidiary Euclid Opportunities co-led a round that included Thomson Reuters, Goldman Sachs and JP Morgan.
Algebra adds Cisco to $40m funding formula
Cisco Investments has provided capital for the first fund to be raised by Egypt-based VC firm Algebra Ventures, helping it reach a $40m first close.
VMware finds space for Plumgrid
Container networking software provider Plumgrid had raised about $27m in equity financing from backers including Qualcomm Ventures and Swisscom Ventures.