Dell Technologies Capital has officially moved out of stealth, disclosing a 50-strong portfolio that includes some EMC investments along with 27 exits since 2012.
Month: May 2017
Affinitas finds a Spark with merger deal
Affinitas is set to merge with fellow online dating company Spark Networks in a deal that will provide an exit to Rocket Internet and Medienguppe Pressedruck.
Jin Jiang chips in as Canaan raises $43m
Semiconductor technology provider Canaan has received $43m in a series A round featuring hotel manager Jin Jiang International at a $480m post-money valuation.
Anthemis forms Exponential partnership
Exponential Ventures, the corporate venturing vehicle for financial services firm MMI Holdings, has formed a financial wellness incubator with Anthemis.
Honda spins out US R&D lab
Honda R&D Innovations will work with startups and other partner companies as it diversifies its focus beyond transport technology.
Big Deal: Didi Chuxing collects $5.5bn
The SoftBank-backed round could give the China-based ride hailing company the financial base it needs to compete internationally, where it may well use its CVC investments to forge a path.
Progyny’s investors provide more series B cash
Fertility benefits platform developer Progyny has raised $10m from investors including SR One to increase its series B round to $24.7m.
Corporates boost Bonsai’s series A round
Microsoft Ventures has co-led a $7.6m second tranche of a series A round also backed by ABB, Siemens and Samsung that took its total funding to $13.6m.
Caterpillar constructs Yard Club acquisition
Yard Club has been acquired by Caterpillar for an undisclosed amount, two years after receiving funding from the corporate.
GV helps feed Soylent $50m
Soylent has increased its overall funding to almost $75m with a series B round led by Alphabet subsidiary GV that will support the product’s entry into brick-and-mortar stores.
Ovid invades public markets with $75m IPO
The neurological disorder drug developer has floated in an initial public offering that gave pharmaceutical companies Sanofi and Takeda exits.
Apple targets $1bn fund
The advanced manufacturing fund follows on from Apple’s $1bn commitment to the $100bn Softbank Vision fund.
Signifyd signs off on $56m series C
Existing investor American Express Ventures has returned to take part in fraud protection service Signifyd’s latest round, boosting its total funding to almost $100m.
News round up 8 May 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.