Molex has invested an undisclosed amount in an Excelfore round sized at $10.6m as of August, taking a 20% stake in the smart mobility software provider in the process.
Month: January 2017
Automile clocks up $7.5m
Salesforce Ventures has joined the telematics device developer’s series A round, which reached a $6.2m first close in July.
Kongsberg gets eSmart stake
Kongsberg Digital has paid $11.6m for a 34% stake in power analytics software developer eSmart Systems as part of a strategic partnership agreement.
Sarcos secures extra series A funding
Schlumberger helped Sarcos Robotics increase a series A round already including Caterpillar, General Electric and Microsoft from $10.5m to $15.6m.
Jounce to make public markets leap in $75m IPO
The Celgene and Pharmstandard-backed immuno-oncology company has raised almost $140m in equity financing in under three years.
Tasly returns for $100m Ascletis series B
Tasly Pharmaceuticals, a major participant in the liver disease therapy developer’s $55m series A round, has reinvested as part of its series B round.
Proterra makes a $140m stop
The electric bus maker has raised new funding in a round led by an undisclosed backer which also featured Edison, GM Ventures and Constellation Technology Ventures.
Coca-Cola Founders closes up shop
Coca-Cola has wound down its Founders program, which had invested in eight startups since its inception in 2013.
Huisuanzhang assesses IDG for $22m round
IDG Capital has contributed to a $22m funding round that will help fintech producer Huisuanzhang establish an accounting firm network and improve its products.
L’Oreal gets some skin in the Partech Ventures game
L’Oreal has committed an undisclosed amount of money to the latest fund to be raised by venture firm Partech Ventures, which closed a $107m fund last month.
Here maps out new corporate investment
Tencent, NavInfo and the Singaporean state-owned GIC have combined to acquire a 10% stake in mapping technology provider Here.
Editorial Part II: Professionalism after the ‘golden age’
The start of a new year always brings hope, especially to an innovation capital ecosystem that feeds on optimism. However, with US President-elect Donald Trump selecting fellow billionaires and investment bank Goldman Sachs alumni to his team, Europe fracturing under divergent member state aims and Russian pressure, and Asia grappling with China’s crackdown under President… Continue reading Editorial Part II: Professionalism after the ‘golden age’
Fubon takes Nutmeg series D to $52m
Wealth management service Nutmeg has added $14.8m from Fubon Financial Holdings to a $37.2m series D round that reached its first close in November.
MDS boosts MatahariMall stake
The retail group has invested $12.3m in the Lippo Group-launched e-commerce platform, reportedly increasing its stake in the company to 12%.