Legend Capital has led a series A round for publishing-focused media company Dook Book that reportedly valued it at approximately $295m.
Month: June 2017
Next Insurance charges to $35m with Amex investment
American Express Ventures has added $6m to the $29m Next had already raised for a series A round backed by Munich Re, Markel and Nationwide Mutual.
Johnson & Johnson funds Provention in private placement
US-based biopharmaceutical company Provention Bio has raised $28.4m through a private placement featuring Johnson & Johnson Innovation – JJDC, a subsidiary of pharmaceutical group Johnson & Johnson. MDB Capital Group, the company builder that co-founded Provention, was placement agent for the offering, which included diabetes research finance organisation JDRF’s T1D Fund. Provention is developing therapeutics… Continue reading Johnson & Johnson funds Provention in private placement
Applied Ventures joins KVIC for $40m Korea fund
Applied Materials’ corporate venturing subsidiary will manage the fund, which was formed with Korea Venture Investment Corporation to back South Korean startups.
SparkCognition lands $32m round
Verizon Ventures has led a round that also featured Boeing, which provided capital through HorizonX, the corporate venturing unit it established this past April.
Investec devises $85m fund
The fund will act as a successor to the Ulster Bank Diageo Venture Fund, though it is not clear whether Diageo or Ulster Bank will put capital into the new vehicle.
Cloudflare lights up $100m fund
Cloudflare Developer Fund will support developers building apps on the internet and cybersecurity software producer’s new Cloudflare Apps Platform.
View closes series G at $200m
The dynamic glass provider, which is backed by Corning and GE, has closed a $200m round led by BlackRock that includes TIAA Investments and unnamed existing backers.
Lazada investors exit as Alibaba lays on $1bn
Alibaba has invested $1bn to increase its share e-commerce marketplace Lazada to 83%, with Rocket Internet and Tesco among the exiting shareholders.
Intel exits Boo-box
In November 2010, Intel Capital, the corporate venturing unit of the US-listed chip maker, invested an undisclosed amount in Boo-box.
BASF helps provide Slips with an $8.6m catch
BASF Venture Capital, which had led industrial coating supplier Slips Technologies’ 2014 series A round, has returned for a round that included a US government grant.
Yoyo Wallet strings together series B
Metro Group led the mobile payment and loyalty app developer’s $15.3m series B round, increasing its overall funding to more than $30m.
Capnamic caps latest fund at $130m
German-focused VC firm Capnamic Ventures has reached the final close of a fund backed by Cisco, Axa, Rheinische Post Media Group and Sparkassen Group.
Datometry digs in with $10m
The database virtualisation technology developer has raised funding in a series A round featuring Dell Technologies Capital that will support product development.