Investment banking firm RM Global has raised $30m for the first close for a fund that will back startups developed by Johnson & Johnson and Takeda-backed incubator FutuRx.
Month: May 2017
Additiv finds ingredients for funding
BZ Bank has made a strategic investment to lead a $21.6m funding round for Additiv, a financial services digitalisation software provider.
Addepar hedges with AltX acquisition
Wells Fargo has exited alternative investments analysis platform AltX in an acquisition by financial software producer Addepar.
GCV Symposium 2017: Scaling up corporate venturing
A panel hosted by editor-in-chief James Mawson asked what investors can bring to the table when money is available in abundance.
QASymphony tunes into $40m series C
The KMS-backed software testing technology provider will spend the cash on European and North American growth as well as hiring.
GCV Symposium 2017: Will we see flying cars before autonomous vehicles?
Francois Auque of Airbus Ventures went head to head with Jason Ball of Qualcomm Ventures Europe to discuss the relative prospects of each technology.
Gree Ventures agrees $67m with LPs
Gree’s corporate venturing unit has closed its second fund at $67m and is expanding its focus from Japan and Southeast Asia to Japan.
GCV Symposium 2017: The tip of the innovation spear – how do corporate VCs make decisions?
George Ugras, managing director at IBM Ventures, and Stanford professor Ilya Strebulaev discussed the business models of corporate venturing units and what drives their success.
UrWork finds space for another $58m
The co-working space provider, which counts several property developers as backers, has pulled in $58m of funding from undisclosed investors.
Chubao chews down $100m
Existing investor SIG returned for the mobile communication app developer’s series D round, which was led by a China Construction Bank unit.
GCV Powerlist 2017: Rimas Kapeskas
The rest of the 100 (in alphabetical order): Rimas Kapeskas, UPS
GCV Powerlist 2017: Busy Burr
The rest of the 100 (in alphabetical order): Busy Burr, Humana Health Ventures
Microsoft gets in Frame for $16m round
Cloud workspace software provider Frame has now raised $32m altogether, after Microsoft Ventures came on board as an investor.
Yopa moves into series B mode
The online real estate services platform has raised $19.5m from Daily Mail and General Trust as well as the Savills-backed Grosvenor Ventures, which led its series A last year.