The Corning and General Electric-backed advanced glass producer has secured $100m including $50m from TIAA Investments at a valuation of almost $1bn.
Month: February 2017
Canadian Corporate Innovation Summit 2017
April 11 to 13, 2017 at the Fairmont Royal York in Downtown Toronto.
Blooom flourishes with series B
Allianz Life and Nationwide have joined existing investors including UMB to participate in a $9.15m series B round for the online investment service.
Desktop Metal casts corporates in $45m series C
Desktop Metal, a US-based developer of metal additive manufacturing technology, raised $45m in a series C round on Monday led by GV, the early-stage investment arm of internet conglomerate Alphabet. BMW i Ventures and Lowe’s Ventures, the respective corporate venturing units of car manufacturer BMW and home improvement retailer Lowe’s, also took part in the… Continue reading Desktop Metal casts corporates in $45m series C
R/GA advertises latest accelerator
R/GA Ventures has announced the 10 startups that will participate in its R/GA IoT Venture Studio UK.
OptiRTC storms to $5.5m
Geosyntec, which spun OptiRTC out in late 2015, was among the participants in a $5.5m round that will support expansion and the strengthening of the startup’s sales capabilities.
Shop.co carts off $7m
The e-commerce technology developer has raised $7m in seed funding at a $27m post-money valuation from backers including banks Sparkasse and NRW.
Coiney rakes in new funding
Investment subsidiaries of Dentsu and SBI have supplied $7.1m in financing for mobile payment company Coiney, which has now raised more than $21m in total.
Archant exits as Streetlife goes Nextdoor
Streetlife, which had received funding from investors including Archant’s corporate venturing unit, has been acquired by US counterpart Nextdoor for less than $12.5m.
OPM skates to $10m in funding from Hexcel
Hexcel has now provided more than $25m of strategic funding for thermoplastic parts producer Oxford Performance Materials, which will now expand manufacturing capacity.
Shansong Express reaches series C for $50m
The logistics service provider raised the money in a series C round co-led by a subsidiary of Susquehanna International Group, and will invest in growth and R&D.
Micromax calls on investors for $100m fund
The consumer electronics producer will be the anchor investor in Orbis Capital, and is recruiting limited partners including private equity firms and pension funds for the rest.
Kuaishou to kick into public markets
The Baidu-backed photo and video-sharing app, which is reportedly valued at $3bn, is planning to go public in the US in the second half of 2017.
Gastrofix puts $8.6m in the till
Gastrofix, the developer of a cloud-based point-of-sale system for the hospitality sector, has raised series B funding from brewery Radeberger.