EnBW New Ventures has come on board as a new investor to help superconductor producer Theva close its second funding round in the space of a year.
Month: July 2017
Dune Medical worms its way to new funding
Existing backer Kraft Group returned to take part in a $12.3m round that boosted the oncology diagnostics technology provider’s total funding to more than $53m.
Vinci helps Axeleo draw up first close
Vinci Energies is one of several limited partners to contribute to a $28.5m first close for enterprise technology acceleration platform Axeleo’s first fund.
Jiguang finds Fidelity for series D
Mobile app data supplier Jiguang, which counts Fosun Kinzon Capital as an investor, has raised an eight-figure dollar sum in a Fidelity International-led series D round.
Tencent puts up $66m for smart investment
Tencent has taken a 16.7% stake in TCL smart television subsidiary Shenzhen Thunderbird Network Technology and will pre-load content on to its TVs.
Sienna to scratch IPO itch
Topical skin treatment developer and JLabs graduate Sienna Biopharmaceuticals has filed for a $74.8m initial public offering, after raising $86m in venture funding.
Jawbone locks up as liquidation process begins
The Deutsche Telekom-backed wearable fitness tracker developer was once valued at more than $3bn, but has now begun liquidation proceedings.
AT&T makes $200m corporate venturing call
The telecommunications firm is set to provide up to $200m for a strategic investment fund that will invest in connected services and platforms.
News round up 10 July 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Qualcomm Ventures opens Silicon Valley office
The corporate venturing unit has opened an eighth office, in Silicon Valley, which will be headed by Patrick Eggen, its managing director for North America.
Tristel takes a spot in $6.8m MobileODT round
MobileODT has now raised more than $13m altogether, after closing a series B round in which Tristel paid $750,000 for a stake of almost 3.3%.
Autoliv moves $15m to Autotech Ventures
Ground transport-focused VC fund Autotech Ventures has added the car safety equipment maker to its corporate backers as it moves toward a $150m close.
Corporates hitch a ride on Huodongxing series A+ round
Tencent, URWork and Recruit all made strategic investments in an eight-figure renminbi round for Qualcomm-backed online ticketing platform Huodongxing.
Droom motors to $20m
Digital Garage and Beenos both invested as the online vehicle e-commerce platform increased its overall funding to $65m.