Dermatology product developer and JLabs graduate Sienna Biopharmaceuticals floated at the middle of its range having raised $86m in venture funding.
Month: July 2017
FabHotels accommodates $25m
Goldman Sachs Investment Partners led a $25m series B round for the budget hotel chain that follows a Qualcomm Ventures-backed round in June 2016.
Prestellar harnesses corporates to raise $100m
Conglomerates CG Corp Global and NE Group are among the four general partners for a $100m fund raised by venture firm Prestellar Ventures.
Snapdeal calls off Flipkart sale
The e-commerce platform, backed by investors including SoftBank, Intel and Alibaba, has decided against a $950m sale and elected to instead restructure.
ShopEx pockets $104m
ShopEx, a China-based e-commerce software and service provider backed by several corporates, has raised RMB700m ($104m) in series D funding, Marbridge Daily reported on Thursday. The round was led by venture capital firm Joy Capital and included China Renaissance K2 Ventures, New Alliance Capital, Tianxing Capital, Gopher Asset Management, and China Broadband Capital as well… Continue reading ShopEx pockets $104m
DotC circles $350m series B
Zeus Entertainment led the app developer’s series B round, through which DotC will take control of digital marketing company Avazu, from which it spun out in 2015.
JazzHR makes some noise with $6m
Recruitment software provider JazzHR has now raised $24m in four funding rounds from a consortium including Salesforce Ventures.
Moleskine opens its innovation program
Moleskine’s Open Innovation Program has launched in partnership with Digital Magics and will support mobile smart object technology startups.
Corporations back Nudge Foundation
Nonprofit incubator operator Nudge Foundation has secured partners including Tata Trusts, Maruti, Cisco, Mphasis, Godrej, Target and Wells Fargo.
Closed Loop rings up GreenMantra funding
Closed Loop Ventures, which manages a $100m social impact fund backed by several retail and consumer goods companies, has invested $3m in GreenMantra.
Akimoto joins TransLink as Sompo supplies $40m
Nobuyuki Akimoto’s departure from NTT Docomo Ventures comes as insurance firm Sompo commits up to $80m to TransLink to manage its corporate venture capital fund.
Mandjek to make Eurazeo role her own
Cynthia Mandjek, an investment analyst Orange Digital Ventures for six months from January 2016, has joined Eurazeo as a late-stage venture capital analyst.
Ebersol exits Comcast to head for Health IQ
At Comcast Ventures for three years, Christian Ebersol had focused on early-stage investments, including work for the diversity-focused Catalyst Fund.
Fernandes tucks into Cleveland Avenue role
Skyler Fernandes has become a managing director of investments at Cleveland Avenue having left Simon Ventures in February.