A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Month: June 2017
Yahoo Japan partners Venture Reality Fund
The internet company will leverage the expertise of Venture Reality Fund to make investments in virtual and augmented technology developers.
Corporate venturing deal net: 5-9 June 2017
US-based wearable health measurement technology startup Kenzen raised $5m on Monday from Flex, the supply chain services firm formerly known as Flextronics, as well as sport franchise the San Francisco 49ers, Digitalis Ventures, Hickory Ventures, Gaingels and Women’s Capital Connection. It will spend the funding on further development of its Echo Smart Patch as well… Continue reading Corporate venturing deal net: 5-9 June 2017
Venturespring to get startups to Ignite
The venture development network has formed an initiative called Venturespring Ignite in partnership with Tata Communications.
Porsche drives Israeli investments
The carmaker has spread an eight-figure sum across Israel-based venture capital funds run by Magma Venture Partners and Grove Ventures.
Coming Space finds Neoglory to raise $29m
Conglomerate Neoglory Holdings has led a series B round for work and living space provider Coming Space, which intends to expand globally from its Chinese base.
Kasikorn launches Beacon to attract fintech startups
Thailand-based Kaiskorn Bank has put up about $29m for a corporate venturing unit called Beacon Venture Capital that will target financial technology developers.
Scout RFP finds $15.5m for series B
The GV-backed procurement management platform has now raised more than $27m, after completing a round led by Menlo Ventures.
WeWork spies FieldLens for acquisition
SoftBank has exited field management app developer FieldLens after WeWork paid an undisclosed sum to acquire the company.
Tantan swipes $70m in YY-led round
The Bertelsmann-backed dating app developer, described by some as China’s answer to Tinder, increased its overall funding to $120m in a series D round.
Essential rings up $300m
The smartphone developer, which is backed by Tencent and Foxconn, has raised $300m from undisclosed investors at a valuation of between $900m and $1bn.
Houzz homes in on $400m
The Comcast-backed home improvement ideas, services and e-commerce platform is set to raise funding in an Iconiq Capital-led round, at a valuation of about $4bn.
Stem Disintermedia collects $8m
Evolution Media co-led a series A round for the music royalties management service, which already counted AOL and Three Six Zero as investors.
Autopilot finds its way to $12m
The visual marketing software provider took its overall funding to $32m in a round that included returning investor Salesforce Ventures.