AAA June 2017 – Page 5

Corporate venturing deal net: 19-23 June 2017

Health insurance provider Medicash invested £4m ($5m) in UK-based digital healthcare technology startup Now Healthcare Group (NHG) on Monday. NHG, which claims to be Europe’s largest supplier of telehealth services, will use the funding to further develop its artificial intelligence and machine learning-equipped app and online pharmacy, as well as its private medical insurance product.… Continue reading Corporate venturing deal net: 19-23 June 2017

Editorial: State-owned enterprises’ towering role in innovation

Potentially one of the most exciting periods for innovation and the global markets is coming from a perhaps-unexpected source: governments. A wave of privatisations from the 1980s in the US and UK sparked others in Europe and beyond but more recently the focus has been on entrepreneurial startups and scale-ups and helping incumbent corporations deal… Continue reading Editorial: State-owned enterprises’ towering role in innovation

M.Gemi indulges in $16m series C

US-based footwear producer M.Gemi has raised $16m in a series C round led by Burda Principal Investments, the growth capital arm of media group Hubert Burda Media. The round also included venture capital firms Accel Partners, General Catalyst Partners and Forerunner Ventures. Founded in 2015, M.Gemi operates an e-commerce platform as well as brick-and-mortar stores… Continue reading M.Gemi indulges in $16m series C