Ascension Ventures was among the investors in a round for cardiac monitor developer Bardy, which had raised $27.6m as of October.
Month: January 2017
Chedai passes series B check with $52m
The automotive financing provider raised the capital in a round backed by online lending firms CreditEase and 360Jinrong, bringing its total funding to $86m.
Mubadala’s SoftBank Vision Fund investment to approach $15bn
The Abu Dhabi-owned fund is considering a $10bn to $15bn contribution to the fund, which is expected to close at $100bn by the end of this month.
News round up 9 January 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Arcadia records $30m in investment
Merck & Co and General Electric have contributed to a $30m funding round for Arcadia Healthcare Solutions, a healthcare data analytics technology producer.
Neon highlights $70m series B
Access Industries returned to back the cancer therapy developer’s $70m series B round, having previously contributed to a $55m series A round in 2015.
Corporate venturing deal net: 26 December 2016-7 January 2017
Automotive manufacturer Volkswagen Group has invested an undisclosed amount in Germany-based e-mobility network communications technology developer Hubject. The startup’s founding investors are carmakers Daimler and BMW, industrial product and appliance makers Siemens and Bosch, and energy providers EnBW and RWE, the latter through its Innogy subsidiary. Bennett Coleman & Co, the media company also known… Continue reading Corporate venturing deal net: 26 December 2016-7 January 2017
Heparegenix processes $9.4m series A
Boehringer Ingelheim Venture Fund and Novo Seeds have co-led the liver disease therapy developer’s latest round, which included HTGF, KfW, Coparion and EIF.
Icos gets corporate input for $52m fund
Corporates Bühler, AkzoNobel and Wuppermann have invested in Icos Capital Fund III (ICF III), a €50m ($52m) cleantech and sustainability-focused vehicle created by Netherlands-based venture capital firm Icos Capital. Process engineering company Bühler, paints and chemicals producer AkzoNobel and steel processing and finishing business Wuppermann joined the city of Rotterdam in helping ICF III to… Continue reading Icos gets corporate input for $52m fund
Avizia avoids pitfalls to close $18m series A
New strategic partner Northwell Health has added $1m to the telehealth technology startup’s series A round, which includes NewYork-Presbyterian Hospital.
Rethink Robotics puts together $18m series E
GE Ventures came back for the industrial robot producer’s latest round, having led its series D round in early 2015.
Intuity Medical detects funding to reach $55m
Intuity, a diabetes testing and management spinout of Sarnoff Corporation, has added $15m to the $40m it closed in November.
Samsung commits $150m to Next Fund
The corporate will back innovative technology up to series B stage and has announced the first 10 portfolio companies for the newly launched unit.
iCarbonX ecosystem invests $400m in seven companies
Seven members of digital health company iCarbonX’s Digital Life Alliance have attracted almost $400m, with PatientsLikeMe raising $100m.