TPG has led the $5.1m second tranche of a series B round that includes Trepp, and which will support the energy asset management technology developer’s global growth.
Month: February 2017
Nida Rooms makes space for $5.6m
The Southeast Asian budget hotel room booking platform, which counts CyberAgent as an investor, has now raised more than $11m in under 18 months.
Fusion puts together $25m series A
Canada-based radiotherapeutics developer Fusion Pharmaceuticals has launched with a $25m series A round led by Johnson & Johnson Innovation – JJDC, the corporate venturing vehicle for healthcare group Johnson & Johnson. Private equity firm HealthCap, venture capital firm Genesys Capital, cancer research hub Fight Against Cancer Innovation Trust and TPG Biotech, a subsidiary of private… Continue reading Fusion puts together $25m series A
C3Nano inks agreement for $15m series D
Nissha Printing, Nagase America and Hitachi Chemical all took part in the conductive ink and film developer’s latest round, bringing its total funding to $37m.
Kore kicks off corporate venturing fund
Kore, which provides business management software for entertainment companies and sports franchises, has formed a strategic investment arm and closed its first deal.
Corporate venturing deal net: 20-24 February 2017
Globe Fintech Innovations, a financial technology subsidiary of Philippines-based telecommunications company Globe Telecom also known as Mynt, received an undisclosed amount of equity funding from Ant Financial, the financial services arm of e-commerce group Alibaba, and diversified conglomerate Ayala Corporation on Monday. Mynt operates micropayment platform GCash and Fuse Lending, a service that offers loans… Continue reading Corporate venturing deal net: 20-24 February 2017
BMW takes a ride on Skurt
On-demand car rental service Skurt has raised $10m in series A funding from investors including BMW as it prepares to expand in the US.
GE Ventures and Northwell apply $200m to bioelectronic medicine
GE Ventures, the corporate venturing vehicle for industrial product and appliance maker General Electric, has teamed with healthcare provider Northwell Health for a $200m investment initiative. The capital will support bioelectronic medicine researcher Feinstein Institute’s Center for Bioelectronic Medicine as it seeks to discover and develop treatments for conditions including neurodegenerative diseases, cancer, diabetes and… Continue reading GE Ventures and Northwell apply $200m to bioelectronic medicine
Eye on Air detects Mainport for $1.9m
Corporate joint venture Mainport has contributed to a funding round for Eye on Air, a startup developing technology to detect explosives residue at airports.
Radar Santander to detect Brazilian startups
Spain-based bank Santander has set up an accelerator in Brazil with entrepreneurship organisation Endeavor to back financial technology developers.
Loxley and TIH scale K2 fund
Conglomerate Loxley’s IT services subsidiary Loxbit has combined with private equity fund TIH to form a fund that will back Thailand-based startups.
Pascucci deposits himself at Lightbank
Victor Pascucci III has departed from his partner position at Munich Re’s corporate venturing division to head up venture firm Lightbank as managing partner.
AirMap plots out $26m series B
Microsoft has led drone airspace management software developer AirMap’s latest round, which included Airbus Ventures, Qualcomm Ventures, Rakuten, Sony and Yuneec.
Samsung mulls $1bn artificial intelligence fund
The electronics manufacturer, which formed a $150m technology investment fund last month, could also launch an AI-focused fund that would make CVC deals and acquisitions.