Online film and TV streaming platform Hooq has raised funding from parent company SingTel as well as Warner Bros and AXN Investment, adding to $70m secured in 2015.
Month: January 2017
Northwestern Mutual follows through with plans for $50m fund
The insurance firm has launched a $50m unit called Northwestern Mutual Future Ventures that will invest in technologies that help people achieve financial security.
Concord Medical launches $150m healthcare fund
Radiotherapy and diagnostic imaging services provider Concord Medical has joined forces with investment firm ZRT for a strategic healthcare fund.
News round up 16 January 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Knightscope eyes $20m from public offering
Knightscope, backed by NTT Docomo, Konica Minolta and Flextronics, has opted for a regulation A+ offering that enables members of the public to buy shares.
Studio71 records $56m investment
TF1 Group and Mediaset have injected cash into Studio71 in a deal that valued the online media company, a ProsiebenSat.1 spinout, at about $425m.
Corporate venturing deal net: 9-13 January 2017
US-based conversational artificial intelligence technology developer Kasisto secured $9.2m today in a series A round led by Propel Venture Partners that included payment services firm Mastercard. The round also featured Commerce Ventures and financial services provider DBS Bank, as well as Two Sigma Ventures, Partnership Fund for New York City, New York Angels and Harvard… Continue reading Corporate venturing deal net: 9-13 January 2017
Naheta joins SoftBank Vision Fund
Akshay Naheta, chief investment officer of investment firm Knight Assets & Co, has joined the management team of telecommunications group SoftBank’s $100bn Vision Fund, Bloomberg reported on Tuesday. The fund, announced in October 2016, is set to receive $25bn from SoftBank, $1bn from hardware producer Apple and additional funding from contract manufacturer Foxconn and chipmaker… Continue reading Naheta joins SoftBank Vision Fund
Butterfly takes flight with $25m fund
Gerako, AI Partners and several insurance providers have backed Butterfly Venture Fund III, which will invest in seed-stage Nordic-based startups.
POC Medical passes Sirius test for $21m
Sirius America Insurance has contributed to a series A round for POC Medical, which intends to launch its portable breast cancer screening device in India.
HealthWatch finds time for $20m Yiling investment
Yiling Pharmaceuticals has paid $15m for a 23% stake in HealthWatch and another $5m for the Chinese distribution rights to its health-monitoring garment.
Starship beams up Daimler for $17m seed round
Unmanned vehicle-based delivery service Starship Technologies has raised $17.2m in a seed round led by Daimler, a strategic partner since September.
Leucadia reconnects to Linkem
Italian wireless broadband provider Linkem has secured $106m from backers including existing backer Leucadia, which held a 56% stake as of the end of 2015.
Zhihu sources $100m in series D cash
Sogou and existing investor Tencent were among the investors that provided $100m for the online question-and-answer forum, which has now raised almost $190m in total.