UK-based car manufacturer Jaguar Land Rover (JLR) has launched a six-month accelerator initiative through its corporate venturing arm, InMotion Ventures, TechCrunch reported on Monday. InMotion Accelerator will focus on startups developing mobility products and services as well as companies working on technology for the mobility sector supply chain. The first batch of startups will be… Continue reading JLR places InMotion accelerator
Month: February 2017
Investors deliver $11m to Electric Cloud
Siemens-backed Electric Cloud has received $6m from Wellington Financial and an additional $5m in credit and a venture term loan from Bridge Bank.
Diaine peels away from Orange Fab
Pascale Diaine, lead manager for Orange’s accelerator since it launched in 2012, has departed for venture capital firm Storm Ventures where she will take on a principal role.
CrediFi closes $13m series B
CrediFi, operator of a data platform for real estate financing, took its overall funding to $23m in a round featuring VC representatives of Mitsui Fudosan and Liberty Interactive.
NanoSteel shows mettle to raise $15m
The advanced steel developer has raised additional funding in round led by existing investor GM Ventures that also featured customer Lear Corporation.
IntSights reveals $15m series B
Wipro made its second investment in the cyber threat intelligence platform, after taking part in its $7.5m series A round in September.
Baidu Ventures gets off the mark in $27m 8i round
Baidu’s corporate venturing unit made its first investment as part of a series B round led by Time Warner Investments that included Hearst Ventures and Verizon Ventures.
Grab to get hold of Kudo
Emtek, Gree and Singapore Press Holdings look set to exit digital payment platform Kudo in an acquisition reportedly sized at more than $100m.
BNP Paribas banks on Plug and Play venture
Financial services firm BNP Paribas has partnered the accelerator to launch a Paris-based initiative for startups in the financial and insurance technology sectors.
Suning gets stake in Lamabang for its buck
China-based maternity and baby-focused e-commerce company Lamabang has raised an undisclosed amount in a series D round led by consumer electronics retailer Suning, according to China Money Network. Incorporated in 2004, Lamabang operates a website and mobile app for mothers and mothers-to-be. It sells products through its e-commerce platform and also provides content, discussion boards… Continue reading Suning gets stake in Lamabang for its buck
IDG Ventures samples SigTuple in $5.8m round
SigTuple, developer of a digital pathology system, has netted IDG Ventures India as an investor as part of a $5.8m series A round.
Big Deal: Argo launches with $1bn
Ford has committed $1bn to the software developer over a five-year period in return for a majority stake and the startup’s services in developing its autonomous car technology.
Exactuals casts City National as series A lead
City National has co-led a $10m round for entertainment payment software developer Exactuals alongside the formation of a strategic alliance.
Madison Reed shades in $13m
The Comcast and Shea-backed hair colouring brand has raised $13m from unnamed investors to boost its overall funding to approximately $45m since 2013.