A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: March 2017
Corporations say ‘yes’ to university collaboration
If starting and developing a company out of an idea can take a long time so, it seems, can finding a way to connect corporations and universities that are at the heart of many of these ideas developed by the entrepreneurs. After all, most entrepreneurs seem to be people using ideas developed while studying or… Continue reading Corporations say ‘yes’ to university collaboration
Corporate venturing deal net: 27-31 March 2017
US-based Pepper IoT launched its internet-of-things (IoT) operating system yesterday alongside its announcement of an $8.5m series B round featuring communications security provider Comporium Communications, Leawood Ventures, KCRise Fund, Royal Street Ventures and OpenAir Equity Partners. Pepper now plans to introduce additional consumer IoT products over the upcoming months. France-based cryptocurrency and blockchain security technology… Continue reading Corporate venturing deal net: 27-31 March 2017
Shyft gets Optum result in $20m round
Optum Ventures added $7.5m to help life sciences data platform Shyft Analytics close a $20m series B round with backing from McKesson and Medidata.
Licious cleaves $10m in series B funding
The online meat retailer will use the funding, provided by investors including Sistema and Doosan, to expand geographically and improve its back-end technology.
Bustle busts through to $12m series D
Time Warner, an investor in the female-focused online media company since seed stage, reinvested once again, this time at a valuation of nearly $200m.
MapD finds $25m in series B round
Existing investors Nvidia and Verizon came back for a round that boosted the graphical data analysis platform’s overall funding to $36.5m.
Sirrus proves the right formula for Nippon Shokubai
Chemical producer Nippon Shokubai will acquire monomer and derivative developer Sirrus, which had raised $35m in equity funding from investors including Mitsui and General Motors.
Panasonic to put $100m into corporate venturing
The electronics producer will put an initial $100m into a California-based unit called Panasonic Ventures in order to access new business models, products or services.
Boston Scientific snatches Symetis for $435m
Novartis is set to exit heart valve replacement maker Symetis after Boston Scientific agreed a cash purchase less than two weeks after the company filed to go public.
Tencent helps treat Haodaifu Online to $200m
The medical access platform has secured $200m in a Tencent-led series D round that took followed a $60m round two years ago.
GE Ventures helps ship $25m to Freightos
The corporate venturing unit led a $25m extension to the freight services platform’s series B round, doubling its overall funding.
Verlinvest buys into Byju’s with $31m investment
Learning app developer Byju’s took its total funding nearer to the $200m mark with an investment from Verlinvest that reportedly valued it at up to $690m.
Intex enters corporate venturing with Rooter investment
Consumer electronics maker Intex will invest up to $31m in strategic investments, the first of which was made in sporting community app developer Rooter.