Ingenico is set to purchase payments processing firm TechProcess for approximately $89m, providing an exit to shareholders including Nokia Growth Partners.
Month: January 2017
Wanyoo stars in $30m series D
China-based internet café chain operator Wanyoo has raised RMB210m ($30m) in a series D round co-led by Yicun Capital, an investment arm of industrial conglomerate Jiangsu Huaxicun, according to China Money Network. Venture capital firms Fortune Capital and Mingjia Capital co-led the round. Founded in 1998, Wanyoo currently operates more than 850 internet cafés, co-working… Continue reading Wanyoo stars in $30m series D
DIC discovers Emerald’s fourth fund
Emerald Technology Ventures’ latest fund, Emerald Industrial Innovation Fund, has signed on printing ink manufacturer DIC Corporation as a limited partner.
Team8 gets some new members
Microsoft Ventures, Qualcomm Ventures and Citi have joined the backers of cybersecurity foundry Team8, which has raised an undisclosed amount of new funding.
PPF stars in Cellestia’s $8m seed round
Oncology drug startup Cellestia Biotech has closed its seed funding at $8m after securing a third tranche backed by PPF Group, the owner of biotech company Sotio.
Walsh waltzes to Konica Minolta
Brian Walsh, founder and ex-CEO of livestock sensor developer Vital Herd, will direct Konica Minolta’s innovation strategy and venture development in North America.
Aavishkaar-Intellecap raises $25m to make impact
The Shell-backed Shell Foundation invested $10m while Triodos Bank supplied the other $15m, as Aavishkaar-Intellecap looks to increase its global activities.
Razer goes for Nextbit in acquisition move
Alphabet and Dentsu have exited cloud-linked smartphone developer Nextbit in an acquisition of undisclosed size by Razer.
IDG Ventures closes $200m third fund
The IDG-affiliated venture firm has closed its third fund with backing from limited partners including IFC and has reserved about 25% for later-stage deals.
Bank Central Asia to deposit $15m in startups
The financial services firm is set to establish a corporate venturing division called Central Capital Ventura with $15m in capital to invest in fintech startups.
Siemens joins Techstars Mobility and IoT lineup
Next47, the $1.1bn corporate venturing unit Siemens launched in October, has joined accelerator Techstars as a corporate partner.
Big Deal: Ring announces $109m round
The success of the smart doorbell producer, which is backed by Qualcomm, JF Shea and American Family, indicates the potential for internet-of-things startups in the home sphere.
Eight entices Comcast back for $5m round
Comcast Ventures, a participant in the smart mattress developer’s $6m seed round last year, has come back for its $5m series A round.
Microsoft Ventures makes Illusive investment
Microsoft Ventures has invested an undisclosed amount in cybersecurity startup Illusive Networks, which already counts Citi Ventures as an investor.