The mass media company has announced a startup assistance plan called LIFT (ie. Leveraging Innovation For Tomorrow) Labs for Entrepreneurs.
Month: March 2017
Universal seeks Mass Appeal in $6m series A
Hip hop media company Mass Appeal has secured $6m in a series A round led by UMG that included Evolution Media, MediaLink and Macro.
Corporate venturing deal net: 6-10 March 2017
Identify3D, the US-based developer of a data platform for digital manufacturers, closed a “multi-million” dollar seed round on Wednesday that included Siemens Venture Capital, a subsidiary of appliance and industrial product maker Siemens, which invested through the Next47 unit. The round was led by SoftTech VC and featured La Famiglia, Dart Capital Partners and Bee… Continue reading Corporate venturing deal net: 6-10 March 2017
ScyllaDB scores $16m
Western Digital Capital, Samsung Ventures and Qualcomm Ventures co-led the database technology developer’s series B round with VC firm Magma Ventures.
ID.me accesses $19m in series B cash
The USAA-backed identity verification specialist has now raised $30m in equity funding
Peerspace makes room for Mitsui Fudosan
The property developer has contributed to an $11m round for peer-to-peer space rental platform Peerspace, bringing its financing to about $18m.
Dymon Asia pulls in SCB to raise $20m
The hedge fund has raised $20m for the first close of its fintech fund from limited partners including Siam Commercial Bank’s strategic investment subsidiary.
Viva Republica celebrates $48m series C
PayPal joined a selection of VC firms to provide funding for the finance transfer app, which raised more than $23m in a Qualcomm-backed round in September.
Airbnb clears $1bn in series F round
The round, which reportedly included Alphabet’s CapitalG unit, boosted Airbnb’s overall equity funding to $3.4bn and values it at $31bn.
Lakala latches on to public markets
Legend-backed payment platform Lakala intends to list on the ChiNext stock exchange following a failed attempt at a reverse merger with Shanghai-listed Tibet Tourism.
Spero shoots through series C target
GV has led a consortium that included SR One, MRL Ventures, Lundbeckfonden Ventures and Kraft Group in an overubscribed round that closed at $51.7m.
OpenRent locates Global Founders Capital for new funding
The property letting service, which counts Northern & Shell as an investor, has raised $5.5m from venture capital fund GFC.
Innogy and OurCrowd look to energise CVC investments
OurCrowd will source investments for the energy company in areas such as big data, connected technology and blockchain.
PayPal’s Singapore incubator graduates three
Axinan, TenX and InvoiceInterchange are the first three participants to graduate from the online payment platform’s Start Tank initiative.