Hangar 51, the aviation technology accelerator formed by International Airlines Group in London last year, has been expanded to Spain.
Month: July 2017
Nok Nok alerts corporates in $8m series D
Motorola Solutions Venture Capital led the ID authentication technology provider’s latest round, which included Lenovo, Korea Information Certificate Authority, DDS and Docomo Innovations
Axa detects Qloo in $6.5m round
Marketing data platform Qloo has now raised approximately $14m altogether, having completed a round that included Axa Strategic Ventures.
Solera swallows $18.3m in series B funding
Chronic disease prevention platform Solera Health has now raised more than $30m in total, after raising funding from backers including Blue Cross Blue Shield Venture Partners.
Symantec finds Skycure in $250m acquisition
New York Life is set to exit mobile threat detection platform Skycure, which has agreed to an acquisition by Symantec for a reported $250m.
Samsung Next embarks on European trip
Samsung’s $150m ‘frontier tech’ fund has opened its first European office in Berlin, six months after initially launching.
Autolotto wins $17m in series A round
Gatehouse Media and iHeartMedia provided cash and media assets through the round, which will support the mobile lottery platform’s global expansion.
FanDuel and DraftKings forfeit merger plans
The daily fantasy sports platforms, which counts Alphabet, Comcast, Time Warner, Fox and Kraft Group among their investors, have withdrawn from merger plans agreed in November.
Hairongyi charges to $29.5m in series A
Financial services platform developer Hairongyi has raised capital from investors including a subsidiary of consumer electronics producer Haier.
Roku to greenlight IPO
Roku, which first considered a flotation almost three years ago, is said to have hired underwriters for an initial public offering that could value it at up to $1bn.
SoftBank completes Fortress takeover for $3.3bn
The telecom and internet group has had its proposed acquisition of Fortress Investment Group, an asset manager with some VC investments, approved by the latter’s shareholders.
Uber and Yandex Taxi join forces
The ride hailing services will merge operations in six European countries and jointly invest $325m in the new entity at a $3.73bn valuation.
Fosun Kinzon Capital becomes Fosun RZ Capital
The corporate venturing unit has rebranded following the departure a year ago of chairman Wang Jun in order to form a fund called Kinzon Capital.
Curve turns Santander interest into $10m round
Santander InnoVentures has made a strategic investment in Curve, the developer of a payment card that links to multiple accounts, as part of a $10m series A round.