Sodexo Ventures has invested in health and coaching platform developer LifeDojo as part of a $5.1m round closed alongside a strategic partnership with another Sodexo subsidiary.
Month: February 2017
New Hope to star in media and entertainment fund
Conglomerate New Hope Group has co-founded a VC fund called Qinghan Fund to invest in media and entertainment, and Huashi Entertainment has also supplied capital.
Adikteev absorbs Trademob
Advertising technology developer Trademob has been bought by mobile marketing technology provider Adikteev in an all-share deal that allowed Tengelmann Ventures to exit.
Alpha finds its Mojo in $30m round
Cloud wifi technology provider Mojo Networks has raised $30m in series E funding and debt, with strategic partner Alpha Technologies among the participants.
Dell to exit Invincea in $100m acquisition
The anti-malware software developer, which had raised $10m in a Dell Ventures-backed round just three months ago, will be acquired by Sophos.
Microsoft and AT&T go to SnapRoute for $25m round
US-based open networking technology developer SnapRoute closed a $25m series A round on Tuesday that featured telecom conglomerate AT&T and Microsoft Ventures, the corporate venturing arm of software provider Microsoft. Norwest Venture Partners (NVP), which invests as financial services firm Wells Fargo’s venture capital affiliate, led the round. Lightspeed Venture Partners, the VC firm that… Continue reading Microsoft and AT&T go to SnapRoute for $25m round
Kiwigrid channels series C funding
Investors including LG Electronics and Innogy have supplied at least $11m in series C capital to Kiwigrid, providing exits to Innogy Venture Capital and HTGF.
Exabeam accesses $30m in series C
Cybersecurity technology developer Exabeam has added Cisco to its shareholders, while several investors including Norwest Venture Partners returned.
NextAI interfaces with investors
The Magna-backed scheme aims to offer capital, mentorship and networking opportunities to Canada-based startups operating in the artificial intelligence sector.
Lola locates GV to boost series B to $25m
GV and Tenaya Capital each added $5m to the personalised travel booking service’s series B round, following $15m closed last month.
Evonik extends capital to Hosen
Chemicals provider Evonik has made a strategic commitment to the China-based, agriculture and nutrition-focused Hosen Capital Fund III.
Liu Wei takes top job at Baidu Capital
Baidu has hired Liu Wei from another corporate venturing unit, Legend Star, to run its $3bn corporate venture capital arm as chief executive officer.
Prexton presses on to raise $31m
Switzerland-based biopharmaceutical company Prexton Therapeutics completed a €29m ($31m) series B round featuring Merck Ventures, the corporate venturing subsidiary of pharmaceutical company Merck Group, yesterday. The round was co-led by Forbion Capital Partners and Seroba Life Sciences and also featured fellow venture capital firms Ysios Capital and Sunstone Capital. Prexton is developing compounds originated by… Continue reading Prexton presses on to raise $31m
Juniper makes Fungible investment in $32.5m series A
Juniper Networks has taken part in a $32.5m series A round for Fungible, a data centre technology startup co-founded by its own co-founder, Pradeep Sindhu.